Job Description

Job Description
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as Personal Cell or Cellular in the contact information of your application.

At Wells Fargo, we want to satisfy our customers financial needs and help them succeed financially. Were looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where youll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wealth and Investment Management (WIM) is one of the United States leading providers of financial and investment services. WIM provides a full range of personalized wealth management, investment, and retirement products and services to meet clients unique needs and help them achieve financial goals. Our mission is to help clients pursue their financial goals with confidence. We accomplish this by building enduring client relationships through sound, thoughtful, and objective advice. Developing individualized plans for clients to help meet their financial objectives. Helping clients build, manage, preserve, and transition their financial resources and wealth.

Wells Fargo Asset Management (WFAM) strives to help investors achieve their financial goals through investment solutions managed by specialized investment teams and backed by collaborative service. WFAMs investment approach centers on autonomous investment teams that maintain their own independent research, idea-generation, and decision-making processes. Its independent investment risk management approach provides a consistent, unbiased framework for analyzing and balancing risk in portfolios. WFAM offers the expertise of over 29 investment teamseach focused on specialized, niche portfolio management strategiesthat attempt to meet the diverse needs of our investors.

WFAM currently has an opening for a Business Initiatives Consultant 3 (BIC 3) Pre-Trade Monitoring and Guideline Intake within the Regulatory Operations and Administration group. This team is the first line of defense in error and investment guideline breach prevention and works closely with internal partners in Investments, Product, Compliance and Legal to ensure the integrity of function and the technology that supports the function. The selected professional in this role will leverage his/her deep investment compliance monitoring and coding experience to drive efficiency and a sound control framework. This will include playing a critical role in transformational activities such as transitioning to one core compliance engine, building out of a regulatory reporting framework and contributing to the teams overall continued success.

Responsibilities include, but are not limited to the following:

* Effectively lead portfolio compliance related initiatives covering business transitions, new and changing regulatory requirements and technology related upgrades in support of our business partners
* Monitor investment teams adherence to client guidelines, internal parameters, and statutory requirements within core trading-compliance applications (i.e. Charles River Investment Management System (IMS) and Bloomberg Asset Investment Manager (AIM)
* Research the validity of flagged exceptions and escalate issues to ensure violations and warnings are addressed and resolved in a timely manner
* Partner with Portfolio Management, Trading, Relationship Managers, and Compliance to review, interpret, design, and implement client mandates and regulatory regulations
* Provide initial review and interpretation as well as ongoing maintenance of all client, regulatory and prospectus guidelines and account investment restrictions (i.e. Prospectuses, Statement of Additional Information, Private Placement Memorandums, etc.) to ensure all are coded accurately, effectively, and optimally
* Work with the firms Information Technology group to optimize the compliance system and automate compliance processes
* Ensure that effective controls are in place to meet federal laws and regulations and provide training, advice, and education on how to comply with regulatory requirements
* Contribute to the development of strategies to improve the experience of both internal and external clients and make the business more efficient and effective

Required Qualifications
* 8+ years of experience in one or a combination of the following: project management, implementation, or strategic planning
* 2+ years of compliance and regulatory systems experience

Desired Qualifications
* Experience with Asset Management within the Financial industry
* Knowledge and understanding of derivative products: markets across equity, fixed income, and currencies
* Ability to identify and assess issues then make sound decisions
* Ability to work in a fast paced deadline driven environment
* Ability to develop partnerships and collaborate with other business and functional areas
* Strong time management skills and ability to meet deadlines
* Supervisory or management experience
* Ability to manage process improvement initiatives to optimize operational effectiveness and efficiencies
* Good verbal, written, and interpersonal communication skills
* Ability to negotiate and facilitate issue resolution
* Advanced Microsoft Office skills
* A BS/BA degree or higher in accounting, finance, or economics
* Strong analytical skills with high attention to detail and accuracy
* Knowledge and understanding of project management principles: coordinating, planning and executing through all phases

Other Desired Qualifications
* Strong knowledge of Charles River and/or Bloomberg Compliance Manager (CMGR)
* Knowledge and understanding of 1940 Act, CA 81-102, and UCITs regulatory requirements
* Experience with Institutional client guidelines and investment policies

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.