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About this role:
Wells Fargo is seeking a Lead Analytics Consultant for the Financial Crimes Analytics Monitoring, and Surveillance (FCAMS) team within Financial Crimes Risk Management. Learn more about career areas and business divisions at www.wellsfargojobs.com . As a Lead Analytics Consultant, you will be joining an exciting team focusing on Anti-Money Laundering (AML) and counter-terrorist financing (CTF). This position will be responsible for supporting the development and maintenance of a platform of quantitative and qualitative models that detect unusual transaction patterns. The FCAMS transaction monitoring team is responsible for supporting a range of AML transaction monitoring models in the development, validation, implementation, ongoing model performance, and model enhancement stages.
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In this role, you will:
- Collaborate with cross-functional teams, including front office business and companywide functions, on transaction monitoring strategies.
- Understand the model risk management life-cycle requirements, and address model risk findings on model development, data quality and conceptual soundness.
- Clearly document issues, decisions, and build appropriate artifacts to support regulatory oversight requirements.
- Ensure compliance with all regulations and regulatory requirements and corporate policies across all projects and models managed.
- Provide expertise and insight on new tools and methods to analyze data.
- Assist managers in building quarterly and annual plans and forecast future transaction monitoring requirements for supported business partners.
- Deliver detailed analysis and presentations to senior leadership, committees, and regulators on the performance and effectiveness of transaction monitoring models.
- Lead projects, teams, or serve as a peer mentor to staff, interns, and external contractors.
- Strategically collaborate and consult with peers, colleagues, and management across lines of business and functions to resolve issues and achieve goals.
- Lead projects, teams, or serve as a peer mentor to staff, interns, and external contractors.
- Add to team culture of diversity, equity, inclusion, and respect.
Effective candidates will demonstrate success in managing projects and risk in highly complex situations with the ability to look ahead and anticipate requirements. They will be self-starters with a track record of leading initiatives through to conclusion. They will demonstrate an advanced ability to collaborate with stakeholders through verbal and written presentation skills and distill complicated topics down to decision-quality information for a variety of audiences. Familiarity with Model Risk Management, Model Development Documentation, and anti-money laundering are a definite bonus.
Required Qualifications:
- 5+ years of 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 field such as applied math, operations, research, statistics, engineering, physics, economics, econometrics, computer sciences, or business with a quantitative emphasis.
- Experience with model risk management and model development.
- Ability to clearly and accurately articulate issues, risks, and propose solutions to various levels of staff and management through excellent verbal, written, and interpersonal communication skills.
- Familiarity with AML/BSA regulatory compliance.
- Experience with transaction monitoring systems such as SAS AML, Oracle GAMLP, Actimize, or similar platforms.
- Proficiency in Python, SAS, SQL, R.
- Solid foundation in data analysis, statistical modeling, and machine learning algorithms.
- Willingness to work on-site at stated location on the job opening.
- This position offers a hybrid work schedule.
- This position is not eligible for Visa sponsorship
Posting Locations:
401 S Tryon Street, Charlotte, NC
250 E John Carpenter Frwy, Irving, TX
600 S 4th Street, Minneapolis, MN
800 S Jordan Creek Pkwy, West Des Moines, IA
114 N Beaumont Street, Saint Louis, MO
1150 W Washington Street, Tempe, AZ
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$96,600.00 - $171,800.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
23 Nov 2024
* Job posting may come down early due to volume of applicants.
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, status as a protected veteran, or any other legally protected characteristic.
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.