Senior Quantitative Model Solutions Specialist

About this role:

Wells Fargo is seeking a Senior Quantitative Model Solutions specialist.

In this role, you will:

• Lead or participate in moderately complex model maintenance and optimization initiatives related to operating processes, controls, reporting, testing, implementation, and documentation
• Review and analyze moderately complex data sets, quantitative models, and model outputs to validate model efficiency and results in support of business initiatives
• Advise and guide team on moderately complex model optimization and processes strategies
• Independently resolve moderately complex issues and lead team to meet project deliverables while leveraging solid understanding of policies and compliance requirements
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals

Required Qualifications:

• 4+ years of quantitative solutions engineering, model solutions or quantitative model operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• Master's degree or higher in a quantitative field such as Statistics/Economics
• 4+ years of experience Risk Analytics, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 4+ years of experience in credit risk modeling and analytics
• 4+ years of advanced programming expertise in SAS or Python or R
• Strong documentation capabilities
• Strong project management skills with ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Excellent verbal, written, and interpersonal communication skills
• Strong ability to develop partnerships and collaborate with other business and functional areas
• Excellent verbal, written, and interpersonal communication skills.
• Perform various complex activities related to predictive modeling.
• Provide analytical support for development, remediation, and monitoring of Deposit & PPNR, Operational, Liquidity Risk, Financial Crimes model Support development, implementation, execution and monitoring of Regulatory models such as Basel, CECL, and CCAR model.
• Develop dynamic dashboards; analyze key risk parameters to help understand changes in business and model performance
• Identify opportunities and deliver process improvements, standardization, rationalization and automations. Enhance and standardize performance analysis, reporting packages and business loss forecast processes
• Maintain documentation for development, implementation and monitoring of processes across the team with focus on standardization of controls
• Ability to identify and manage complex issues and negotiate solutions within a geographically dispersed organization

Job Expectations

• This position joins a high functioning, high profile team and requires the presence and professional demeanor necessary to interact effectively with team members across RMG, Lines of Business (LOB), model governance, and oversight, validation, and audit organizations.
• This role will also utilize strong documentation capabilities that will effectively convey complex models and processes.
• This position will use strong programming (SAS, Python, or R) and data analysis skills to understand complex loss forecasting and PPNR models.
• This role is highly dynamic and will require critical thinking, strong attention to detail and both an analytical and tactical approach to problem solving.
• This will utilize experience in predictive modeling and data analysis to lead the development strategy for deposit balance forecasting, fees & expense, operational risk, liquidity risk, and financial crimes models.
• This position will be part of Risk Modeling – Deposits, Compliance & Operational Risk Modeling group and will be responsible for driving the development of balance, yield, liquidity, operational and loss forecasting models; developing and conforming Corporate Risk policies and meeting the needs of line of business model owners. 

Posting End Date: 

*Job posting may come down early due to volume of applicants.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy 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.