Job Description

Job Description
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as Personal Cell or Cellular in the contact information of your application.

At Wells Fargo, we want to satisfy our customers financial needs and help them succeed financially. Were looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where youll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Enterprise Finance drives financial management for the company and maintains and enhances risk and financial controls. Key functions within Enterprise Finance include finance and accounting; Treasury; corporate development, mergers, and acquisitions; Data Management and Insights, the Customer Remediation Center of Excellence, Enterprise Shared Services, Business Process Management, and Corporate Strategy. Enterprise Finance informs shareholders, regulators, taxing authorities, employees, and leaders of the companys financial performance through earnings releases, investor meetings and conferences, and meetings with regulators and credit rating agencies, following appropriate reporting guidelines. They also maintain and enhance risk and financial controls and lead many of the companys shared services functions including corporate properties, security, and global services.

The Corporate Asset-Liability Management Group (ALM) is part of Corporate Treasury at Wells Fargo. The group is involved with balance sheet modeling and analytics. Team members oversee the interest rate risk simulation model covering earnings-at-risk and economic value exposure for Wells Fargo and the Company's major business lines. The team is also a key contributor to the CCAR process.

We are looking for a highly motivated and experienced individual with exceptional analytical, modeling, data management and communication skills to contribute to the Corporate ALM function in balance sheet modeling and interest rate risk management. Responsibilities will be focused on providing analytical support for various balance sheet products with a strong emphasis on mortgage asset modeling. The candidate will also actively contribute to broader Corporate ALM deliverables.

Responsibilities will include:

* Develop an understanding of PPNR models across the enterprise, and work with Corporate ALM team to implement in QRM software where appropriate
* Build, enhance and maintain product analytical capabilities with a particular focus on mortgage assets
* Act as a technical expert on complex quantitative analysis
* Prepare and present analytical findings/models to key stakeholders and line of business representatives
* Work with data teams across the company to source and prepare data for analytical requirements
* Analyze systems of record data for information relevant to model assumptions and suggest changes justified by data
* Analyze balance sheet data to support business objectives including research/reporting on elements not necessarily used by QRM e.g., new vs. previously existing loan reporting, new volume characteristics for comparison to model assumptions, etc.
* Partner with the QRM Operations and Balance Sheet Analysis functions within Corporate ALM to meet common objectives

Required Qualifications
* 6+ years of experience in one or a combination of the following: finance, accounting, analytics and reporting; or a BS/BA degree or higher in Finance, Accounting, Statistics, Economics, Business and 4+ years of experience in one or a combination of the following: finance, accounting, analytics or reporting

Desired Qualifications
* A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting
* Ability to successfully operate in a complex and matrixed environment
* A Masters of Business Administration (MBA), Chartered Financial Analyst (CFA), or comparable professional designation
* Ability to deliver multiple concurrent projects or large scale individual projects
* Knowledge and understanding of financial analysis, forecasting and analyzing interest income and balance sheet behavior
* Knowledge and understanding of asset liability or liquidity management software, especially QRM
* Knowledge and understanding of Essbase Finance tools for client reporting and analysis

Other Desired Qualifications
* Familiarity with regulatory requirements surrounding the management of interest rate risk, liquidity, and capital
* Strong knowledge of corporate finance, balance sheet fundamentals, interest rate risk, and financial instruments
* Demonstrated attention to detail, accuracy, sound critical thinking, outstanding quantitative analytical skills, and solid problem-solving capabilities are required
* Experience with modeling mortgages or other asset classes, and implementing models in QRM software
* Strong programming skills with SQL, SAS, MATLAB and/or R
* Excellent oral and written communications skills, with the ability to effectively communicate to a broad range of audiences
* Ability to work in a team-based environment, prioritize tasks, learn quickly, provide superior customer service, and take on new challenges
* Experience forecasting and analyzing net interest income & balance sheet behavior
* Demonstrated attention to detail and ability to work independently
* Superior quantitative, leadership and critical thinking skills
* Proven ability to partner effectively and work collaboratively with fellow team members
* Advanced Microsoft Office Suite, primarily Excel and PowerPoint
* Experience using QRM or similar asset liability management models/systems
* Familiarity with Wells Fargo's general ledger and balance sheet/product offerings
* Knowledge of regulatory reports including FR Y-9C, Call reports, FR Y-14 Q/A or DFAST
* Proficiency in Hyperion Essbase, Access and VBA
* Experience with model risk management best practices

Street Address
NC-Charlotte: 301 S College St - Charlotte, NC

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.