About this role:
Wells Fargo is seeking a Senior Lead Risk Analytics Consultant to join the Consumer Credit Loss Forecasting team.
The team is responsible for overseeing loss forecasting and Allowance for Credit Loss requirements accomplishing overall strategic priorities and ensuring that Credit provides senior management with an independent perspective of the level of credit to which the business is exposed across all business lines. These forecasts have high visibility, which may include interaction with business line forecasting teams, CEOs, CFOs and CROs, and corporate leaders.
In this role, you will:
- Responsible for performing and overseeing loss forecast analytics across consumer products.
- Partner closely with Finance, business line CRO, Modeling and Risk Capital teams.
- Support routine business line forecasts, stress testing, CCAR, CECL, ACL, and ad hoc forecasts, as necessary.
- Provide coordination across various functions to optimize the forecast process and make it efficient.
- Aggregate the forecasts across the various products into a Consumer Lending, as well as, consumer-level forecast and ensure its accuracy.
- Improve the quality of loss forecast reporting and "tell the story".
- Develop a deep understanding of business and loss drivers, and maintain active lists of risks and opportunities.
- Oversee sensitivity analyses that provide bounds around the current forecast view.
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- 7+ years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Experience with loss forecasting processes or strategy development for consumer loan products.
- Knowledge of related loss forecasting processes and requirements, including CECL, CCAR, and use of loss forecasting models.
- Demonstrated success driving initiatives to include: continuous improvement and efficiency, including the ability to manage and prioritize potentially competing objectives to achieve optimal customer, shareholder, and/or employee outcomes.
- Proven communication skills with the ability to influence, develop, partner with, and maintain collaborative relations at all levels within the organization and externally with customers, regulators, partners, and communities.
- Demonstrated ability to operate independently and effectively build relationships within a matrixed environment to influence outcomes both within the business and Independent Risk Management.
- Results driven approach to work with a demonstrated ability to meet stringent deadlines and work under pressure.
- Strong analytical skills with high attention to detail and accuracy.
- Ability to manage and prioritize multiple initiatives simultaneously.
- Strong organizational, multi-tasking, and prioritizing skills.
- Strong educational credentials with an M.B.A. or Master's degree, preferred.
- Advanced Microsoft Office skills.
- Familiarity with Python and SAS.
- 2200 Concord Pike - Wilmington, Delaware
- 660 Wells Fargo - Minneapolis, Minnesota
- 401 S. Tryon Street - Charlotte, North Carolina
- 7001 Westown Parkway - West Des Moines, Iowa
- 1445 Ross Avenue - Dallas, Texas
- 1150 W. Washington - Tempe, Arizona
- Ability to work at one of the approved locations in the job posting.
- This position currently offers a hybrid work schedule.
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.
$144,400.00 - $300,000.00
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
2 Oct 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.