Search by job, company or skills

The Wells Fargo Foundation

Risk Analytics Consultant

Early Applicant
  • a day ago
  • Be among the first 50 applicants
Exp: 2-4 Years

IT/Computers - Software

(estd)

Job Description

About this role:

Wells Fargo is seeking a Risk Analytics Consultant.

Wells Fargo is looking for a member of the Decision Strategy and Governance team in the Corporate Risk group's Risk Appetite and Decision Strategy Oversight organization. This team has responsibility for oversight of the development, implementation, and maintenance of front-line business strategies for both credit organizations and deposit processes which result in risk exposure. The person in this role will support these efforts by performing various complex analytical activities related to strategy development, implementation, and monitoring.

TheDecision Strategy Support and Governance (DSG) organization is responsible for review, oversight and credible challenge of fraud and credit decision strategies, supporting front line businesses through subject matter expertise with guidance and broad business knowledge, and assuring that front line consumer businesses are operating within the corporate credit risk appetite.

In executing the groups oversight function the DSG team examines artifact submissions from front line business organizations that are guided by standard checklists and forms. Artifacts are examined to ensure that they provide an accurate description of the front-line groups strategy related business processes and that these processes are executed in alignment with relevant corporate policies. In addition to oversight the team poses credible challenge to the strategy related work of front-line units based on expert knowledge and broad business exposure from across the enterprise.


In this role, you will:

  • Participate in less complex analysis and modeling initiatives, and identify opportunity for process production, data reconciliation, and model documentation improvements within Risk Management

  • Review and analyze programing models to extract data, and manipulate databases to provide statistical and financial modeling, and exercise independent judgment to guide new and existing projects with medium risk deliverables

  • Coordinate and consolidate the production of monthly, quarterly, and annual performance reports for more experienced management

  • Present recommendations for resolving data reconciliation, production, and database issues

  • Exercise independent judgment while developing expertise in policy governance, risk projects, and regulatory requests

  • Collaborate and consult with peers, managers, experienced managers, compliance, including various lines of business


Required Qualifications:

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

Desired Qualifications:

  • Participate in moderately complex initiatives and delivering insight and decision strategies within analytics and reporting and contribute to large-scale planning related to Risk Analytics.

  • Review and analyze moderately complex data aggregation, forecasting, reporting, and programming models.

  • Be responsible for process production, data reconciliation, and model documentation in alignment with policy governance.

  • Resolve data, production, business modeling, and lead team to meet Risk Analytics deliverables while leveraging solid understanding of risk reporting policies, modeling strategies, procedures, regulatory requests, and compliance requirements.

  • Collaborate and consult with peers, experienced managers, compliance, and technology to resolve modeling, forecasting, and production issues, and achieve analytic and reporting goals

  • Partner with cross enterprise risk analysts in development of common modeling strategies.

  • Advanced degree in quantitative discipline such as economics, statistics, operations research, etc

  • Strong verbal and written communication skills, and advanced MS Office Suite product skills to include (MS Excel, MS PowerPoint, MS Outlook, MS Word, etc).

  • Excellent proficiency in programming and data manipulation using SAS, SQL, Python, and Tableau.

  • Strong analytical and quantitative skills.

  • Ability to gather, analyze, package, and present analytical findings in an insightful and logical manner.

  • Previous experience with credit risk strategy development and monitoring in financial service industry.

  • Attention to detail, strong partnership, and problem-solving skills.

Posting End Date:

9 Dec 2024

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.

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.

More Info

Skills Required

Login to check your skill match score

Login

Date Posted: 27/11/2024

Job ID: 101571623

Report Job

About Company

"Wells Fargo is committed to building an inclusive, sustainable recovery for all through a focus on opening pathways to economic advancement, championing quality, affordable homes, empowering small businesses to thrive, and enabling a just, low-carbon economy.
"

Hi , want to stand out? Get your resume crafted by experts.

Similar Jobs

Analyst Consultant Risk Analytics

HexaconceptsCompany Name Confidential

Senior Lead Risk Analytics Consultant

The Wells Fargo FoundationCompany Name Confidential
Last Updated: 27-11-2024 07:00:11 PM
Home Jobs in Bengaluru / Bangalore Risk Analytics Consultant