Wells Fargo is seeking a Quantitative Model Solutions Manager.
In this role, you will:
Manage and develop individual contributors with a focus on low to moderate complex model operational and optimization processes, controls, assumptions, metric development, reporting, and testing strategies to successfully drive effectiveness
Provide expertise regarding low to moderately complex strategies, synchronizing transformational and opportunity needs with pragmatic operational considerations
Make decisions and resolve issues regarding low to moderately complex model operations and optimization work to meet business objectives; interpret and develop policies, procedures, and standards
Identify and recommend design thinking, methodology, optimization, and processes related to low to moderately complex model operations, balancing modern technology and the regulatory climate
Utilize theoretical and mathematics to synthesize then communicate concepts into practical planning related to model maintenance and optimization
Collaborate with and consult with peers, colleagues, and multiple level managers
Manage allocation of people and financial resources for Quantitative Model Solutions
Mentor and guide talent development of direct reports and assist in hiring talent
Required Qualifications:
4+ years of quantitative model solutions or quantitative model operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
2+ years of leadership experience
Desired Qualifications:
4+ years of overall experience with 2+ years of leadership experience
Bachelors degree from a premier institute or Masters/PhD degree in quantitative fields such as applied mathematics, statistics, engineering, finance, economics, econometrics or computer sciences
4+ years of experience in credit risk analytics or credit risk modeling/monitoring role
Advanced programming skills in Python, SAS and SQL
Good exposure to business intelligence tools such as Tableau/PowerBI for dashboarding
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
Knowledge and understanding of issues or change management processes
Experience in regulatory models for CCAR Stress testing, CECL, IFRS9, RRP, and Basel ,
Strong understanding of Retail Home Lending and Auto business
Comprehensive view of the regulatory requirements
Ability to systematically probe, research, identify and analyze business problems using problem solving skills
Ability to lead high performing advanced quantitative analytics teams and stakeholder management
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
Flexibility with changing priorities
Knowledge of SR 15-18 and SR 11-7 guidelines
Job Expectations:
Manage a team responsible for Credit Risk model monitoring, implementation and execution for Retail Home Lending and Auto portfolio
Manage multiple stakeholders and relationships for different engagements of the team
Lead large-scale projects related to implementation, execution and monitoring of CECL, IFRS9, Basel and CCAR stress testing models for Retail Secured portfolios
Lead and perform various complex activities related to predictive modeling. Provide analytical support for developing, evaluating, implementing, monitoring and executing credit and PPNR models across retail secured business verticals
Lead model production and analytics projects for Retail Secured loss forecasting and PPNR models
Guide the team in developing dynamic dashboards; analyze key risk parameters to help understand changes in business and model performance
Identify opportunities for strategic and infrastructure projects. Design and deliver process improvements, standardization, rationalization and automations. Enhance and standardize performance analysis, reporting packages and business loss forecast processes
Develop frameworks for documentation of development, implementation and monitoring processes across the team with focus on standardization of controls
Recommend insights and actions to be considered by management relative to the development of strategy, policies, procedures and organizational controls and with model users, developers, validators and technology.
Apply business knowledge and predictive analytics to serve as a subject matter expert, analyst, advisor and consultant to the corporate and/or lines of business (LoB) with respect to model development, model validation, modeling data analytics, model performance analysis and model execution.
Posting End Date:
8 Jun 2025
*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
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 unit's 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 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.
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Job Detail
Job Id
JD3741094
Industry
Not mentioned
Total Positions
1
Job Type:
Contract
Salary:
Not mentioned
Employment Status
Permanent
Job Location
KA, IN, India
Education
Not mentioned
Experience
Year
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Beware of fraud agents! do not pay money to get a job
MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.