Lead Quantitative Analytics Specialist

About this role:

Wells Fargo is seeking a Lead Quantitative Analytics Specialist.

In this role, you will:

• Lead complex initiatives including creation, implementation, documentation, validation, articulation, and defense of highly statistical theory
• Qualify monitor markets and forecast credit and operational risks
• Strategize short and long-term objectives, and provide analytical support for a wide array of business initiatives
• Utilize stochastic, structured securities, spread analysis, with the expertise in the theory and mathematics behind the analysis
• Review and assess models inclusive of technical, audit, and market perspectives
• Identify structure and scope of review
• Enable decision making for product and marketing with broad impact and act as key participant to develop and document analytical models
• Collaborate and consult with regulators and auditors
• Present results of analysis and strategies

Required Qualifications:

• 5+ years of Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• Masters degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, economics, or computer science

Desired Qualifications:

• Overall experience of 5+ years in Risk Analytics
• Degree in applied mathematics, statistics, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis.
• 5+ years of Predictive modeling experience. Good understanding of model development and model testing.
  
• Proficient in statistical analysis
• Good Problem Solving and Analytical Skills
• 2+ years of hands on experience inPython and SQL
• 1+ years of experience in SAS
• Good Written and Oral Communication Skills
• Ability to prioritize work, meet deadlines, achieve goals and work under pressure in a dynamic and complex environment
• Detail oriented, results driven, and has the ability to navigate in a quickly changing and high demand environment while balancing multiple priorities
• Understanding of bank regulatory data sets and other industry data sources
• Exposure to banking domain with strong functional knowledge in Credit Risk area on Commercial portfolio
• Ability to identify and manage complex issues and negotiate solutions within a geographically dispersed organization
• Ability to research and report on a variety of issues using problem solving skills
• Ability to interact with integrity and a high level of professionalism with all levels of team members and management
• Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment

Job Expectations:

• Lead the development of regulatory model (including CCAR, CECL and IFRS), RRP Valuation, and PPNR models for Commercial portfolio in SAS/Python.
• Lead complex model development projects independently and support multiple priorities
• Work closely with teamto understand and enhance the data and modeling process behind existing models, develop new models, address data and model issues/findings.
• Adhere to audit and model validation governance to ensure data and modeling process are in compliance with policy and are working as intended, address model validation and regulatory feedback issues
• Support ad-hoc analytic projects

Posting End Date:

Wells Fargo is an equal opportunity employer. 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.

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 units risk appetite and all risk and compliance program requirements.

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.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.