Senior Quantitative Analytics Specialist, Credit Risk Modeling & Data Analytics

About this role:

Wells Fargo is seeking a Senior Quantitative Analytics Specialist (Senior Assistant Vice President) to support the development implementation and enhancement of credit risk models used for risk measurement portfolio management forecasting and strategic decision-making. This role requires strong quantitative expertise advanced programming skills and the ability to communicate complex modeling concepts to technical and non-technical stakeholders. The successful candidate will work with large and complex datasets apply statistical and machine learning techniques and contribute to a strong model governance framework.

In this role you will:

• Develop enhance and monitor credit risk models using advanced statistical econometric and machine learning methodologies to support business and risk management objectives.
• Perform advanced coding data analysis and statistical modeling using Python SQL SAS R Spark and other analytical tools to evaluate large complex datasets to identify risk trends portfolio behavior and emerging risks.
• Design and execute model development strategies including data preparation feature engineering model estimation performance testing and ongoing monitoring.
• Perform quantitative analyses to support credit risk measurement loss forecasting stress testing and portfolio management initiatives.
• Partner with risk managers business stakeholders and technology teams to deliver scalable and impactful analytical solutions.
• Document model development processes assumptions methodologies testing results and performance metrics in accordance with model governance standards.
• Prepare and present model results technical findings and recommendations to model validators auditors regulators and senior management.
• Respond to model review findings and provide support during model validation audit and regulatory examinations.
• Evaluate emerging statistical and machine learning techniques and recommend innovative approaches to enhance model performance and risk measurement capabilities.
• Ensure compliance with Wells Fargos model risk management framework governance policies and regulatory expectations.

• Collaborate with cross-functional teams to improve analytical processes enhance automation and drive efficiencies in model development and reporting.

Required Qualifications:

• 4 years of Quantitative Analytics experience or equivalent demonstrated through one or a combination of the following: work experience training military experience education
• Bachelors degree or higher in a quantitative discipline such as mathematics statistics engineering physics economics or computer science

Desired Qualifications:

• Demonstrated expertise in developing implementing and monitoring credit risk models using statistical econometric and machine learning techniques to support risk measurement forecasting portfolio management and business decision-making.
• Experience developing or supporting Probability of Default (PD) Loss Given Default (LGD) Exposure at Default (EAD) CECL stress testing portfolio risk or other credit risk models.
• Experience applying advanced statistical and machine learning methodologies to solve complex risk management and predictive analytics challenges.

• Strong programming and analytical skills with hands-on experience using Python SAS R SQL Spark or similar big data technologies.
• Experience analyzing transforming and managing large complex datasets to support model development implementation monitoring and reporting.
• Ability to leverage data analytics and scalable computing frameworks to develop efficient analytical solutions and improve model performance.

• Strong understanding of model governance practices including model documentation validation support audit responses and regulatory interactions.
• Proven ability to document defend and communicate model methodologies assumptions limitations performance results and recommendations to validators auditors regulators senior leadership and other technical stakeholders.
• Excellent verbal and written communication skills with the ability to translate complex quantitative concepts into clear business insights.

Job Expectations:

• This position offers a hybrid work schedule.
• Willingness to work onsite at stated location on the job posting.
• This position is eligible for VISA sponsorship.
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process

Job Posting Locations:

• Three Wells Fargo Center 401 S Tryon St CHARLOTTE NC

• Las Colinas Bldg B Irving Campus IRVING TX

• West Des Moines Campus WEST DES MOINES IA

• 600 Wells Fargo Minneapolis MN

Pay Range

Salary is just one component of Wells Fargos total rewards package. Depending on the role a Wells Fargos employee may be eligible for additional forms of compensation such as sales incentives discretionary bonuses and/or equity in the company in the form of Restricted Stock Units (RSUs).

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 units risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process visitDisability 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.