Lead Risk Analytics Consultant

About this role:

Wells Fargo is seeking a Lead Risk Analytics Consultant

The Home Lending CRO team oversees the credit policy and risk management activities for the Home Lending portfolio. Team is looking for an experienced Lead Risk Analytics Consultant to specifically deliver independent risk assessment and influence business strategy. This role provides independent second-line oversight and challenge to Front Line credit risk decisions.

The Lead Risk Analytics Consultant will be a part of the Home Lending Risk Oversight team that is geographically split between the US & India and will be responsible for monitoring and analyzing trends related to Originations, Servicing, Capital Markets, Portfolio Monitoring, Issue Management, Operational and Compliance Risk.

Qualified candidates must have excellent communication skills, high degree of initiative, strong partnering and interpersonal skills, solid project/process management skills, as well as critical analytical thinking and Programming/coding skills. Qualified candidates must also possess a results driven attitude committed to quality work.

In this role, you will:

• Lead complex initiatives related to business analysis and modeling, including those that are cross functional, with broad impact, and act as key participant in data aggregation, monitoring, and reporting of stress testing and portfolio analysis for Risk Analytics

• Review and analyze complex programing models to extract data and manipulate databases to provide statistical and financial modeling specific to businesses supported

• Manage the roll out of pilot programs developed as a result of programmed models for supported businesses and product line

• Make decisions in complex product strategies, data modeling, and risk exposure, requiring solid understanding of business unit projects and regulatory responses, policies, procedures, and compliance requirements that influence and lead Analytic and Reporting to meet deliverables and drive new initiatives

• Collaborate and consult with peers, less experienced to more experienced managers, to resolve production, project, and regulatory issues, and achieve risk analysts, and common modeling goals

• Lead projects, teams, and mentor

Required Qualifications:

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

Desired Qualifications:

• 5+ years’ experience in credit risk analytics, risk oversight and governance or similar role. Strong risk management SME
• Bachelor’s degree or higher in a quantitative field such as applied mathematics, statistics, engineering, finance, economics, econometrics or computer sciences
• Must have excellent communication skills, high degree of initiative, strong partnering, and interpersonal skills, as well as critical analytical thinking. Must be able to collaborate with Front Line and challenge proposals while maintaining a unique risk point of view
• Strong technical skills and problem-solving skills. Must possess a results driven attitude committed to quality work.
• Ability to conduct reconciliation efforts and report findings in support of research activities including Governance oversight
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment. Flexibility with changing priorities
• Ability to interact with integrity and a high level of professionalism with all levels of team members and management
• 4+ years of advanced programming experience in SAS, R or Python
• Proficiency in Microsoft Office and copilot usage, GenAI, Risk analytics
• Master’s degree in quantitative discipline
• Experience within the US Home Lending environment
• Ability to identify and manage complex issues and negotiate solutions within a geographically dispersed organization
• Familiarity with account/portfolio management within the banking industry
• Demonstrated excellence at developing sound credit processes and enhancing existing processes
• Proficiency with SAS macros and experience in leveraging macros to make processes more efficient
• Knowledge of SQL & data visualization tools such as Tableau, Power BI
• Ability to research and report on a variety of issues using problem solving skills
• Understanding of bank data sets and other industry data sources

Posting End Date: 

*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.