Associate Private Wealth Portfolio Specialist
Wells Fargo
About this role:
Wells Fargo is seeking an Associate Private Wealth Portfolio Specialist
In this role, you will:
- Provide client services to internal and external ultra high net worth customers in account management, operations, documentation, issue resolution, and technical support
- Review basic issues, policies, or procedures for which answers can be quickly obtained, and are related to low to medium risk tasks and deliverables with narrow impact within Private Wealth Portfolio Management functional area
- Receive direction from supervisor and exercise judgement within defined parameters while developing understanding Private Wealth Portfolio Management functional area, policies, procedures, and compliance requirements
- Provide information to Private Wealth Portfolio Management managers, colleagues, and stakeholders, including internal as well as external customers
Required Qualifications:
- 6+ months of Private Wealth Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Experience in Wealth Investment Strategy Products, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Job Expectations:
- Assists Portfolio Manager in business development and supports through sales/marketing while leveraging partnership opportunities throughout the firm.
- Supports Portfolio Managers in the development and delivery of advice, client acquisition, and relationship management of high-net worth (HNW) and ultra-high-net worth (UHNW) clients of The Private Bank, exercising a strong risk management mindset and ensures that all appropriate measures are taken to mitigate risk.
- Supports the Portfolio Manager(s) by interfacing with WIM Relationship Managers and/or their associates as facilitator/liaison for seamless delivery of investment services and solutions. Builds partnerships with other line of business associates to foster teamwork.
- Interacts with clients, prepares client correspondence and investment research reports, and schedules client reviews.
- Assists with new client onboarding, coordinating activities with business line partners and service teams to provide a smooth and seamless client experience.
- Schedules clients meeting for investment professionals and tracks follow-up of action items.
- Performs investment research, keeps informed of developments in investment management industry and resolve account problems. Coordination with external advisors to provide information.
- Provides ongoing service in alignment with the needs of clients by preparing client presentations/investment reviews and gathers and researches prospect information to support sales/marketing efforts and relationship management.
- Coordinates and drives fulfillment of investment transactions, including investment trades and alternative investment subscriptions and redemptions, securing compliance documentation, updating and recording client events, maintaining files within policies and guidelines, and resolving operational issues.
- Reviews risk management reports related to key risk indicators. Identifies, escalates and monitors client retention issues.
- Applies investment acumen and continues building knowledge of investment, fiduciary, capital markets, estate planning structures, asset diversification, and assists in portfolio and trust deconstructions to support the investment team.
- May provide administrative support such as phone coverage, travel planning, expense reports, etc.
- Amenable to work on a night shift schedule and on an onsite work arrangement (Five NEO, Taguig)
Posting End Date:
27 Jun 2024*Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.