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. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll 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. At Wells Fargo Asset Management, we put the client at the center of everything we do. Our commitment: Help clients achieve what matters most to them on their path to financial well-being. We do this by channeling the collective wisdom of our specialized investment teams (backed by over 500 investment professionals) into solutions designed to help meet clients' goals. We place a relentless focus on pursuing consistent and positive risk-adjusted returns, with the support of our independent risk management teams. Together, we strive to help our clients build portfolios aimed at generating successful outcomes and defending them against uncertainty. With more than $603 billion in assets under management and offices around the world, Wells Fargo Asset Management has the resources and reach to help clients across the globe—be it institutions or intermediaries whose focus on the client is akin to our own. Wells Capital Management is seeking a candidate for a Portfolio Analyst Fixed Income 2 role to join the successful and growing Montgomery Fixed Income Team. This role within our credit team will support our small group of analysts, portfolio managers and traders. It will involve conducting industry and company research, building and/or maintaining models, supporting our team in special projects and ultimately assuming sector coverage over time within our investment grade universe. Analysts on this team perform all aspects of credit research including analyzing historical financial statements, assessing ESG risk and opportunity, preparing financial projections and performing qualitative and quantitative analysis. Emphasis will also be placed on analyzing credit spreads and relative value in a risk weighted context, with the goal of supporting and developing actionable alpha-generating trade ideas. Communicating effectively with analysts, traders and portfolio managers is essential. Position responsibilities include: - Conducting primary and secondary market credit research utilizing fundamental credit analysis in a variety of subsectors
- Surveillance of existing security holdings and monitoring of general credit trends
- Contributing to the integration of ESG analysis in our qualitative and quantitative processes
- Ongoing discussions with portfolio managers and analysts regarding the potential purchase and sale of securities, with an emphasis on the underlying credit fundamentals of issuers
- Documentation of credit analysis and rating changes by the major credit rating agencies
- Identification of relative value opportunities amongst credits and sectors
- Performing ad-hoc projects/analysis as required
Locations: The preferred office location is Walnut Creek, CA. Other locations within the Wells Fargo footprint may be considered Salary offered dependent on location. May be considered for a discretionary bonus. Benefits: Visit https://www.wellsfargo.com/about/careers/benefits/ for benefits information
Required Qualifications
- 3+ years of investment research experience
Desired Qualifications
- Research experience
- Excellent verbal, written, and interpersonal communication skills
- Ability to organize and manage multiple priorities and achieve results
- Ability to work independently, proactively, innovatively, and creatively while exercising sound judgment
- Ability to work effectively as a team player with ability to support team in achieving group goals
- Ability to provide unique and differentiated insight for industries under coverage
- Strong analytical and quantitative skills
- Advanced Microsoft Excel skills
- Strong time management skills and ability to meet deadlines
- Strong organizational, multi-tasking, and prioritizing skills
- Knowledge and understanding of investment research, portfolio analysis or quantitative finance
- Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
- Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
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.
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