Charlotte, NC

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

About this role:

Wells Fargo is seeking a Senior Risk Analytics Consultant in Risk Model Governance as part of Corporate Risk. Learn more about the career areas and lines of business at wellsfargojobs.com .

Model Operations and Controls (MOC) is an independent team within the RMG, which focuses on coordinating workflow throughout the model lifecycle process, providing oversight of all RMG controls, managing interactions with oversight groups, supporting and maintaining RMG computing infrastructure - all necessary to ensure the ongoing success of the greater RMG team.

In this role, you will:

• Decision Support develops credit risk models which span the credit lifecycle from account origination to collections
• Credit loss estimation models for the entire loan portfolio to support for Current Expected Credit Loss (CECL); estimation of risk weighted assets (RWA) in compliance with Basel regulations; and, economically sensitive credit loss estimation in compliance with Dodd Frank and the Comprehensive Capital Analysis and Review exercises (CCAR)
• Support models related to Pre-Provision Net Revenue (PPNR) estimates including forecasting models to support Dodd Frank and the Comprehensive Capital Analysis and Review exercises (CCAR)
• Support Operational Risk Loss and Capital and Stress testing, Financial Crimes, and Fair Lending
• Act as a credit model subject matter expert to educate partners on requirements and monitor activities to ensure compliance with policies
• Support the coordination of RMG model development activities to ensure deliverables are met, appropriate communication exists across teams, and any at risk items are escalated
• Lead cross functional teams to strategize, plan, and execute a variety of programs, services and initiatives related to models
• Support identification of models within RMG by independently challenging the business on recommended classifications and owning final classification of tools as models, EUCTs, and exclusions
• Host model project forums for development and validation scheduling
• Drive accountability for assigned initiatives, limit risk exposure, and create efficiencies as appropriate
• Make decisions in highly complex and multifaceted situations requiring solid understanding of business group's functional area or products, facilitate decision making and issue resolution, and support implementation of developed solutions and plans
• Influence, guide and lead less experienced Model Governance staff within the group

Required Qualifications, US:

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

Desired Qualifications:

• Experience with model governance, model validation, or model risk, or project management/process facilitation related to model development or combination thereof
• Exposure to credit risk, ideally modeling related to credit decisioning.
• Excellent verbal, written, and interpersonal communication skills
• Strong organizational, multi-tasking, and prioritizing skills
• Experience facilitating meetings
• Experience with risk management concepts, audit, and controls
• Understanding of key regulatory compliance risk components, including experience driving consistency and quality across all aspects of a risk function, including a solid understanding of process controls
• Ability to identify and manage complex issues and negotiate solutions within a geographically dispersed organization
• Ability to be flexible and adjust plans quickly to meet changing business needs
• Ability to quickly learn business operations and processes
• Ability to take initiative, identify opportunities and implement change
• Good understanding of modeling concepts, familiarity with model implementation and production, and model governance
• Experience developing partnerships and collaborating with other business and functional areas
• Knowledge and understanding of Shared Risk Platform (SHRP) such as reporting and issue management
• A Bachelor's degree or higher in a business or quantitative field such as, business administration, operations research, mathematics, statistics, engineering, physics, economics, or computer science

Job Expectations:

• Ability to work at one of the approved locations in the job posting

Posting locations:

• Charlotte, NC
• West Des Moines, IA
• Minneapolis, MN
• Tempe, AZ
• Dallas, TX

Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo employees.

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, or status as a protected veteran.

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.