Wells Fargo Lead Quantitative Analytics Specialist 

India, Karnataka, Bengaluru 

956512217

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

Desired Qualifications:

• Degree in statistics, math, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis preferred
• 5+ years of experience model validation /model implementation/ model development or performing deep risk analytics across liquidity risk, capital oversight for a large multinational bank or large US bank or major consulting firm
• Experience in liquidity risk management and stress testing in a complex banking environment
• Experience in regulatory capital requirements, risk aggregation, and capital allocation
• Experience with Treasury risks including asset liability management (ALM), interest rate risk in banking book, and market risk in trading portfolios
• Strong analytical skills with high attention to detail and accuracy
• Technical or academic writing skills and experience
• Strong project management skills to ensure delivery of highest quality of work within tight timelines, as well as creating, maintaining, and supporting processes subject to intense regulatory scrutiny
• Excellent communication skills and experience in building and maintaining partnerships across various levels of the organization
• Proficiency managing databases, spreadsheets, or programming (understanding code and coding including one or more of SAS, Python, R, VBA, C, Java, or C++)
• License certifications in finance and risk such as CFA, FRM, preferred
• Understanding of model risk supervisory guidance and model validation requirements for large and complex institutions, across geographies
• Knowledge of Wells Fargo systems and process, and industry standard practices for CCAR/DFAST, RRP, etc.

Job Expectations:

• Execute the Validation processes based on model risk supervisory guidance, Model Risk Management Policy and procedures, and current industry best-practices in one or more of the above-named areas. In particular:
• Ensure credible challenge of models through validation process
• Evaluate all relevant components of models and assess model soundness across lifecycle
• Identify areas of weakness and work with model owners, risk partners, and other key stakeholders to ensure risk commensurate remediation
• Demonstrate strong knowledge of subject matter area of focus, as well as sound validation and analysis techniques
• Deliver high quality and timely validation reports combining intellectual rigor, analytical depth, and key model risk perspective
• Support timely resolution of model weaknesses
• Follow reporting and escalation protocols of review results and follow up on identified risks/observations
• Continually work to improve efficiency, consistency, and quality of independent model validation
• Ensure all models within scope are independently validated per expected standards and schedule
• Build and maintain effective working relationships with key partners and stakeholders across Wells Fargo
• Understand model risk supervisory guidance, Model Risk Management Policy, and current industry best-practices

Wells Fargo Recruitment and Hiring Requirements:

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