About this role:

Wells Fargo is seeking a Lead Risk Analytics Consultant.

The Consumer Credit team is responsible for leading, developing and implementing strategic initiatives and processes to drive the company credit culture, appetite, and business performance. The team is seeking a highly motivated and talented individual to be part of the Consumer Lending Credit Risk team.

Primary role is to apply strong business knowledge and advanced analytical skills to solve business questions, think out-side-of-the-box and develop innovative yet practical risk management strategies impacting the bottom line of the business. An individual who is results driven, goal oriented, and enjoys a fast-paced working environment will find this opportunity both challenging and exciting.

• 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

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

• The incumbent would functionally contribute as a Lead Consultant to the Personal Lending Credit Risk team and execute relatively large and complex projects with moderate to high risk for the line of business.
• Lead and deliver on significant initiatives and processes, and partners with line of business management to drive the company credit culture, appetite, and business performance with inputs from senior leadership. Acts as a subject matter expert for senior leaders.
• Assesses and predicts risk and performance through business analysis and/or modeling. Establishes effective policies, processes, and tools to identify and manage risks. Uses predictive sciences for developing future ready solutions.
• Develop predictive strategies / solutions for High Risk account management function. Should have strong understanding of treatments like Credit Line Decrease / Closure.
• Develop comprehensive monitoring frameworks and dashboards and provide statistically sound diagnostic evaluation of any emerging or unexpected risk areas to enhance intelligence and facilitate faster decision making.
• Reports on asset quality, portfolio trends, credit policy exceptions across various credit, vintage, product, offer, channel, industry segments using visualization tools such as Excel VBA, Tableau and/or SAS Visual Analytics.
• Builds risk rating methodologies using advanced analytics approaches including statistical modeling and machine learning techniques, not limited to Random Forest, Decision Trees, Segmentation, and/or Time-series modeling..
• Develop complex programming models to extract data and/or manipulate databases such as ORACLE, Teradata.
• To be effective in this position, you will need to have a good understanding of credit, practice in the test and learn discipline and exploratory analysis, and be fluent in both the key technical tools of credit risk decisioning and sound credit judgment.
• Bachelor's degree or higher in a quantitative fields such as applied mathematics, statistics, engineering, finance, economics, econometrics or computer sciences
• 10+ years of progressive experience in credit and risk analytics roles with 4+ years of experience in leading team of data scientists, data analysts.
• Hands on Experience in at least one area in credit risk analytics - credit strategy / modeling techniques / Forecasting techniques / data architecture & management
• Detailed understanding of risk domain; Strong Risk analytics skills and understanding of P&L, drivers
• Expertise in few programming and statistical packages - SAS, SQL, VBA, Macros, R, Python, E-miner, Tableau, SAS VA
• Knowledge of advanced statistical tools such as Segmentation Tools, Decision Trees, Clustering, Regression, and other statistical modeling and/or Machine Learning techniques
• Ability to lead project teams and coordinate with multiple stakeholders.
• Strong analytical skills with ability to turn findings into executable plans to meet business objectives
• Ability to identify and evaluate trends, isolate root cause, and provide swift/thorough resolution
• Advanced degree in statistics/finance /engineering/economics/other quantitative disciplines
• Knowledge and understanding of (consumer and small business loan) credit card lending practices, policies, procedures, and key drivers impacting credit offerings
• Ability to contribute to strategic decisions and coordinate with multiple stakeholders. Develop consensus and gain buy-in for strategic priorities
• Strong project management skills with ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Strong ability to develop partnerships and collaborate with other business and functional area