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.

Wells Fargo’s Consumer Lending businesses empower millions of customers to achieve their dreams every day. Whether it’s buying a home, purchasing a car, funding a significant purchase, or making important daily credit card purchases, Consumer Lending provides important credit products and services that help our customers succeed. The group includes Home Lending; Auto; Cards, Retail and Merchant Services; Personal Lending; Consumer Lending Control; and Consumer Lending Shared Services.

The Consumer Lending team partners with other businesses across Wells Fargo to create and deliver transformational experiences that help customers gain access to credit. The vision for the Consumer Lending business is to leverage technology and data to make it simple for customers to easily access credit when and where they need it. Consumer Lending serves customers across the country through our distribution network of more than 5,300 retail banking branches and Home Lending offices, as well as online and digital channels.

This position will be responsible for the analytics, statistics, and financial valuation work that drives Retail mortgage pricing and revenue management.  The candidate will play an active role supporting the business through advanced insightful analysis of proposed pricing strategies and product offerings, financial performance tracking, benchmarking, forecasting, and executive communication.    

You will be working closely with partners across Capital Market, Finance, Sales, and Operations to propose pricing strategies that balance competitiveness, returns, volume, and capacity.  You will have the opportunity to leverage creative and industry-leading technologies in a fast-paced environment with senior management exposure. This position is specifically focused on balancing short-term gains with long-term business growth.

Responsibilities include: 

a. Strategic management of the daily pricing mechanics and intraday reprices during market volatility
b. Provide primary point of contact for business leaders and finance leaders on a wide range of topics related to revenue drivers and product economics, serving as expert consultant on highly complex financial issues
c. Monitor vendor data to ensure our price/rate/fees remain competitive with the market while pricing appropriately for risk and maximizing shareholder returns
d. Refine our pricing optimization analyses and integrate into the fabric of routine price management
e. Support executive ad hoc requests around pricing and revenue strategy
f. Manage risk effectively through strong controls and processes

Preferred Locations:

2701 Wells Fargo Way, Minneapolis MN
7001 Westown Pkwy, West Des Moines, IA
1 N Jefferson Ave, Saint Louis, MO
4800 Wabash Ave, Springfield, IL

***Additional locations, within the Wells Fargo footprint, will be considered for a highly qualified candidate ***

Preferred locations are listed above.
**Salary range is determined by the location of the job.
The salary range displayed below is based on a Full-time 40 hour a week schedule.
MN-Minneapolis: Min: $115,500 Mid: $165,000 Max: $214,500
IA-Des Moines: Min: $115,500 Mid: $165,000 Max: $214,500
MO-Saint Louis: Min:  $115,500 Mid: $165,000 Max: $214,500
IL-Springfield: Min: $104,000 Mid: $148,000 Max: $193,100

***May be considered for a discretionary bonus***

Please Note: Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo.

Required Qualifications

7+ years of experience in one or a combination of the following: analytics, engineering, reporting, financial modeling, statistical modeling, finance, or accounting

Desired Qualifications

A BS/BA degree or higher in a quantitative field such as applied math, statistics, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis
Ability to synthesize data to form a story and align information to contrast or compare to industry perspective and historical business trends
Ability to take initiative and work independently with minimal supervision in a structured environment
Good analytical skills including strategically analyzing data, diagnosing opportunities, and providing interventions
Ability to analyze metrics and articulate data trends both visually and verbally
Knowledge and understanding of databases and data mining techniques
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

Other Desired Qualifications

• Ability to translate business objectives into actionable work flows in terms of data manipulation, variable selection, segmentation and optimization
• Strong sense of ownership, relentless curiosity, and self-driven approach to problem solving
• Financial institution background in statistical analytics within pricing
• Experience with mortgage secondary markets or portfolio economics
• Experience with data visualization software like Tableau
• Experience with SAS and/or SQL

Salary Information

The salary range displayed below is based on a Full-time 40 hour a week schedule.

MN-Minneapolis: Min: $115,500 Mid: $165,000 Max: $214,500
IA-West Des Moines: Min: $115,500 Mid: $165,000 Max: $214,500
MO-Saint Louis: Min: $115,500 Mid: $165,000 Max: $214,500
IL-Springfield: Min: $104,000 Mid: $148,500 Max: $193,100