Wells Fargo Credit Risk Analytics Sr Assoc in West Des Moines, Iowa
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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.
As the company's second line of defense, Corporate Risk — or Independent Risk Management — provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework (https://portal.teamworks.wellsfargo.net/rc/CorporateRisk/Pages/riskmgmtfrmwk.aspx) and ensure all employees understand their individual accountability for managing risk.
Corporate Risk helps all Wells Fargo businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.
It starts with you. We must attract, develop, retain, and motivate the most talented people - those who care and who work together as partners across business units and functions. We value and promote diversity and inclusion in every aspect of our business and at every level of our organization.
Wells Fargo Consumer Credit has an immediate opening for a Credit Risk Analytics Senior Associate within Consumer Decision Support and Commercial Credit Risk Modeling Group, responsible for overseeing all aspects of Automated Decisioning Strategies and Implementation for Commercial Models used by the Distribution Finance (DF) and Secure Leasing & Lending (SLL) businesses the COE serves. This role will report directly to the DF-I Team Lead within the Model Implementation & Automated Decisioning Team.
Responsible for performing the most complex activities related to implementation of statistical models leveraged in DF-I and SLL automated decisioning statregies, and on-going maintenance of those strategies. Will partner with cross enterprise risk analysis in development of common modeling strategies.
Duties may include loan loss forecasting, data aggregation, monitoring and reporting of credit risk data, credit stress testing and portfolio analysis and/or modeling that maximizes profits and/or asset growth and minimizes credit and/or operating losses and other risk exposures. Provides analytical support on wholesale and/or retail credit, operating losses and other product strategies to ensure company goals are met; segmenting and monitoring various credit product groups, vintages, concentration limits, risk ratings, etc. and making recommendations to management based on those trends, producing performance monitoring and benchmarks regarding growth, mix, delinquency, losses and overall profitability and performance. May manage the roll-out of pilot programs developed as a result of programmed models for supported business or product line. May manage large scale cross functional/cross business unit projects and regulatory responses. May be responsible for process production, data reconciliation and model documentation in alignment with policy governance.
Implementation of statistical models leveraged in the automated decisioning strategies, including regression testing of changes
Wing-to-wing design, execution, and on-going maintenance of automated decisioning strategy for the DF-I and SLL lines of business
Regression testing and wing-to-wing testing of credit decisioning strategy
Perform impact analyses and cost-benefit analyses with large datasets to convey potential strategy variants with the line of business stakeholders
Communication with line of business management and compliance leadership to effectively collaborate and identify and implement technical solutions to business needs.
- 5+ years of risk reporting experience, risk analytics experience, or a combination of both; or 2+ years of experience in a risk role and a Master's degree or higher in a quantitative field such as statistics, economics, mathematics, operations research, engineering, or business
Intermediate Microsoft Office skills
3+ years of experience with SAS or SQL, or other data management, reporting and query tools
Other Desired Qualifications
Advanced abilities in data manipulation, summarization, and drawing data-driven conclusions
Knowledge of commercial and consumer bureau data/processes/scoring techniques
Strong SAS/Unix/SQL skills
Excellent written and verbal communications
Strong time management and change management skills
Self-motivated and confident in partnering with internal and external stakeholders
Familiarity with probability of default (PD) models
Extensive experience and business knowledge
Experience working with large datasets and performing complex data manipulations in SAS or Python
Experience working on credit risk data
Ability to work independently, to deliver quality results, and to manage projects to meet deadlines
Demonstrated strong analytical/quantitative problem solving skills
Demonstrate ability to work well in team environment, independently and across organizational boundaries
Experience in credit modeling and/or loss forecasting for ACL or CCAR
Advanced SQL knowledge
Experience using SAS macros
Ability to 'connect the dots' or see the big picture and find solutions
- Ability to travel up to 5% of the time
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.
Company: Wells Fargo
Req Number: 5571559-1
Updated: 2021-04-10 01:09:01.119 UTC
Location: West Des Moines,IA
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