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 are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

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

As the company's second line of defense, Corporate Risk or Independent Risk Management provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk.

This senior level Credit Risk Analytics Associate will drive the analysis, reporting and enhancement of the loss forecasting output with focus on CECL and BASEL. Candidate will also drive monthly production of loss forecast by running the Roll Rate models and other quantitative tools, analyzing the trends of the actual credit performance of the portfolio, output of the primary and confirming models (provided by the modeling group), output of the Roll Rate models and other quantitative tools.

* Candidate will collect and analyze data to identify credit risk (delinquency, roll rate and loss) trends and drive insights to further strengthen loss forecasting analytics. Provide leadership with analytical insight that assists senior management with fact based decision making.
* Serve as change agent, identify opportunities to enhance existing processes, remove obstacles and create efficiencies.
* The successful candidate MUST be data savvy and be capable of leveraging all available resources efficiently. Proficiency in SQL/ SAS and ability to develop moderately complex queries.
* Strong communication skills and ability to partner effectively is a requirement.
* Strong analytic skills, able to track and manipulate multiple sources of data. Advanced Excel, Word and Power Point user.
* The candidate must be able to field requests, elicit requirements, acquire and transform data to information and skillfully deliver. Ability to digest data and understand the business context is a requirement. Solid problem-solving/troubleshooting skills.
* Highly organized and proactive. Should be able to manage multiple tasks in a dynamic environment and deal with multiple priorities. Self-starter and team player.
* Ability to engage appropriate resources, internal or external to deliver a complete resolution, including analytics, implementation of tools and processes, communications and results tracking
* Experience navigating a complex organization and effectively engaging key stakeholders; building effective relationships with internal customers; partnering with teams to implement solutions

Required Qualifications
* 5+ years of risk reporting experience, risk analytics experience, or a combination of both; or 2+ years of experience in a risk role and a Master's degree or higher in a quantitative field such as statistics, economics, mathematics, operations research, engineering, or business

Other Desired Qualifications
* 5+ years analytical experience preferably in credit risk analysis or business analysis.
* Excellent Excel skills in performing complex data manipulation
* Excellent analytical ability in interpreting data, analytical results to draw insights to provide accurate loss forecasts and help business manage the credit risk effectively.
* Excellent problem solving skills and ability to connect dots, see big picture and find solutions
* Strong verbal communication, written documentation and presentation skills.
* Understanding of process, methodologies used for business loss forecast and stress test loss forecast submissions.
* Experience in loss forecasting for a CCAR bank and experience in stress testing submissions and building materials for challenge reviews.
* Experience in CECL and BASEL is preferred
* Good SAS skills in performing complex data manipulation and modeling in SAS.
* Good at exercising independent judgment and applying prudent credit risk management principles
* Masters degree preferred

Street Address
NC-Charlotte: 401 S Tryon St - Charlotte, NC
DE-Wilmington: 2200 Concord Pike - Wilmington, DE
MN-Minneapolis: 600 S 4th St - Minneapolis, MN
NC-Charlotte: 128 South Tryon Street - Charlotte, NC
NC-Charlotte: 301 S College St - Charlotte, NC
NC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NC
NY-New York: 150 E 42nd St - New York, NY

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.

Benefits Summary
Benefits
Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.