About This Role
Wells Fargo is seeking a Lead Quantitative Model Solutions Specialist
In This Role, You Will
Lead complex, large-scale model maintenance, optimization, and planning initiatives related to operational processes, controls, reporting, testing, implementation, and documentation
Review and analyze complex multi-faceted model operations and optimization challenges that require in-depth evaluation of multiple factors including intangibles or unprecedented factors
Develop model processes and optimization strategies for short- and long-term objectives; support and provide insights regarding a wide array of business initiatives
Make decisions in complex and multi-faceted situations requiring solid understanding of agile development
Influence global assessment of model maintenance schedules inclusive of engineering, structure, and scope of review following the System Development Life Cycle process, quality, security, and compliance requirements
Strategically collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
Required Qualifications
5+ years of quantitative model solutions or quantitative model operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications
Overall experience around 8+ years in credit risk modeling role
Bachelor’s degree or higher in a quantitative fields such as applied mathematics, statistics, engineering, finance, economics, econometrics or computer sciences
5+ years of experience in credit risk analytics
5+ years of advanced programming expertise in Python, Tableau and Power BI
Strong technical skills and problem solving skills
Strong project management skills with ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Excellent verbal, written, and interpersonal communication skills
Strong ability to develop partnerships and collaborate with other business and functional areas
Knowledge and understanding of issues or change management processes
Experience determining root cause analysis
Flexibility with changing priorities
Job Expectations
Lead and perform various complex activities related to model monitoring, production and model analytics. Provide analytical support for developing, evaluating, implementing, monitoring and executing credit and PPNR models across commercial business vertical
Lead large-scale projects. Develop, implement, execute and monitor credit ACL, CECL, IFRS9, Basel and CCAR models for commercial portfolios
Lead model monitoring, production and analytics for credit and balance models
Develop dynamic dashboards; analyze key risk parameters to help understand changes in business and model performance
Develop frameworks for documentation of development, implementation and monitoring processes across the team with focus on standardization of controls