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Wells Fargo is seeking an Analytics Consultant. In this role, you will: Consult with business line and enterprise functions on less complex research. Use functional knowledge to assist in non-model quantitative tools that support strategic decision making. Perform analysis of findings and trends using statistical analysis and document process. Present recommendations to increase revenue, reduce expense, maximize operational efficiency, quality, and compliance. Identify and define business requirements and translate data and business needs into research and recommendations to improve efficiency. Participate in all group technology efforts including design and implementation of database structures, analytics software, storage, and processing. Develop customized reports and ad hoc analyses to make recommendations and provide guidance to less experienced staff. Understand compliance and risk management requirements for supported area. Ensure adherence to data management or data governance regulations and policies. Participate in company initiatives or processes to assist in meeting risk and capital objectives and other strategic goals. Collaborate and consult with more experienced consultants and with partners in technology and other business group. Team will be responsible for performing various complex activities related to post-fraud risk prevention and detection efforts for fraud analytics including Deposits (Check, MRDC, ACH), credit card, debit card, and online money movement products including: optimization of existing strategies, creating new detection or prevention strategies/rules to increase overall detection rates, and managing controls for a given set of money movement products. Provide analytical support for different types of fraud identification and prevention/detection strategies. Perform ad-hoc analysis to understand portfolio trends and develop actionable solutions. Support analysis and development of strategies, methods, and other fraud- related projects. Establish mechanisms to manage and mitigate fraud risks for all portfolios. Leads project and mentors junior Team Members.
Job Responsibility:
Consult with business line and enterprise functions on less complex research
Use functional knowledge to assist in non-model quantitative tools that support strategic decision making
Perform analysis of findings and trends using statistical analysis and document process
Present recommendations to increase revenue, reduce expense, maximize operational efficiency, quality, and compliance
Identify and define business requirements and translate data and business needs into research and recommendations to improve efficiency
Participate in all group technology efforts including design and implementation of database structures, analytics software, storage, and processing
Develop customized reports and ad hoc analyses to make recommendations and provide guidance to less experienced staff
Understand compliance and risk management requirements for supported area
Ensure adherence to data management or data governance regulations and policies
Participate in company initiatives or processes to assist in meeting risk and capital objectives and other strategic goals
Collaborate and consult with more experienced consultants and with partners in technology and other business group
Provide analytical support for different types of fraud identification and prevention/detection strategies
Perform ad-hoc analysis to understand portfolio trends and develop actionable solutions
Support analysis and development of strategies, methods, and other fraud- related projects
Establish mechanisms to manage and mitigate fraud risks for all portfolios
Leads project and mentors junior Team Members
Serve as a valuable resource to the other members of the team while promoting knowledge sharing and team collaboration
Requirements:
2+ years of Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Experience in one or a combination of the following: strategy development and evaluation, analytics, reporting
BS/BTech degree or higher in a quantitative field such as applied math, statistics, engineering, physics
Strong analytical skills with high attention to detail and accuracy