Wells Fargo is seeking a Lead Alternative Investment Consultant in the Alternative Investments group as part of Wealth & Investment Management (WIM). The Alternative Investment products include hedge funds, private equity, private real estate, private debt, direct private investments and other private placements. This role will educate and consult with Wells Fargo Investment Professionals (Financial Advisors, Portfolio Managers, Investment Strategists) and their clients on the Alternative Investment asset class and provide guidance on appropriate investments in the asset class to meet the client's goals and objectives. The role will cover the region that includes AL, AR, AZ, CO, LA, MS, NM, OK, TN, TX, and UT. Learn more about the career areas and lines of business at wellsfargojobs.com .
In this role, you will:
Be responsible for increasing the investment acumen of our Investment Professionals related to alternative investments across all channels and providing education on new product offerings as they come to market as well as supporting existing platform offerings
Regularly meet with Investment Professionals and clients of Investment Professionals
Lead complex initiatives involving educating and consulting with financial advisors, investment strategists, wealth advisors, and clients on alternative investments and the depth and breadth of solutions available
Build visibility around the Alternative Investment platform with investment professionals who are less familiar with the alternative investment capabilities within Wells Fargo and/or may find these investment vehicles/strategies too complex to discuss with their clients
Work closely with leadership in each region and across all channels within Wells Fargo's Wealth and Investment Management division (WFA, FINET and the Private Bank) to gain support, access and guidance on how best to support the alternative investment needs of investment professionals in that region
Review and analyze complex multifaceted client and investment professional situations that require an in-depth evaluation of multiple factors including intangibles or unprecedented factors
Make decisions in complex and multifaceted situations requiring understanding of the asset class, investment offerings, policies, procedures and compliance requirements
Collaborate and consult with peers, colleagues and mid-level to senior managers to resolve issues and achieve goals
Deliver branch presentations and organize meetings for outside fund managers with Investment Professionals
Provide training on new offerings, platform changes, investment strategy guidance, support resources and other topics related to alternative investments
Required Qualifications:
5+ years of Wealth Investment Consulting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
4+ years of wholesale or educational experience with product categories related to Alternative Investments
Proven experience educating investment professionals and clients on the Alternative Investment asset class and the individual product level
Successfully completed Financial Industry Regulatory Authority (FINRA) Series 7 and 63 examinations (or FINRA recognized equivalents) sufficient to qualify for immediate FINRA registration
Chartered Alternative Investment Analyst (CAIA) certification or Advanced Financial degree
Advanced communication skills, specifically related to delivering presentations in person and in virtual meetings
Demonstrated ability to develop and enhance partnerships with internal investment professional, regional leadership and clients
Job Expectations:
Travel up to 75% of the time
This position offers a hybrid work schedule
This position is not eligible for Visa sponsorship
Registration for FINRA Series 7 and Series 63 must be completed within a 90 or 180-day time period contingent upon number of license(s) needed if not immediately available to transfer upon hire. FINRA recognized equivalents will be accepted
For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required
Obtaining and/or maintaining appropriate Financial Industry Regulatory Authority (FINRA) license(s) is required for ongoing employment in this position. In addition state registration, specific product licenses or SAFE licensing may apply. Additional requirements include meeting enhanced financial fitness and criminal background standards. Wells Fargo will initiate the FINRA review process at the time of offer acceptance.
Location:
17 Cowboys Way - Frisco TX 75034
1500 Waugh Drive - Houston TX 77019
111 Congress Avenue - Austin, TX 78701
Posting End Date: 22 Dec 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.
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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.
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To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
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