Quantitative Analytics Specialist, Wells Fargo

Wells Fargo

Location:
India, Bengaluru

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Wells Fargo is seeking a Quantitative Analytics Specialist to develop, implement, and calibrate various analytical models, perform highly complex activities related to financial products, business analysis and modeling, and provide solutions to business needs.

Job Responsibility:

Develop, implement, and calibrate various analytical models
Perform highly complex activities related to financial products, business analysis and modeling
Perform basic statistical and mathematical models using Python, R, SAS, C++ and SQL
Perform analytical support and provide insights regarding a wide array of business initiatives
Provide solutions to business needs and analyze workflow processes to make recommendations for process improvement in risk management
Collaborate and consult with peers, colleagues, managers, and regulators to resolve issues and achieve goals

Requirements:

2+ years of Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Master's degree or higher in statistics, mathematics, physics, engineering, computer science, economics, or quantitative discipline
Hands on model development/validation experience by using some of the quantitative methodologies including time series, logistic regression, linear programing and some of the tree technologies such as GBM, Random Forest, etc.
2+ years of practical quantitative programming experience with SAS, SQL, Python, R and comfortable working with large datasets
Skill in managing relationships with key model stakeholders
Ability to communicate to different audiences (other technical staff, senior management and regulators) both verbally and in writing
Aptitude for synthesizing data to 'form a story' and align information to contrast/compare to industry perspective
Attention to detail in both analytics and documentation
Eagerness to contribute collaboratively on projects and discussions and support the development of high performing teams
Capability to multi-task and finish work within strict timelines and provide timely requests for information and follow-up questions
Ability to work independently on complex model validations from start to finish
Perpetual interest in learning something new, but being comfortable with not knowing the all the answers
Intellectually curious. Someone who enjoys solving problems

Nice to have:

Execute the Validation processes based on model risk supervisory guidance, Model Risk Management Policy and procedures, and current industry best-practices in one or more of the above-named areas. In particular: Ensure credible challenge of models through validation process
Evaluate all relevant components of models and assess model soundness across lifecycle
Identify areas of weakness and work with model owners, risk partners, and other key stakeholders to ensure risk commensurate remediation
Demonstrate strong knowledge of subject matter area of focus, as well as sound validation and analysis techniques
Deliver high quality and timely validation reports combining intellectual rigor, analytical depth, and key model risk perspective
Support timely resolution of model weaknesses
Follow reporting and escalation protocols of review results and follow up on identified risks/observations
Continually work to improve efficiency, consistency, and quality of independent model validation
Ensure all models within scope are independently validated per expected standards and schedule
Build and maintain effective working relationships with key partners and stakeholders across Wells Fargo
Understand model risk supervisory guidance, Model Risk Management Policy, and current industry best-practices

What we offer:

Equal opportunity employer
Accommodation for applicants with disabilities is available upon request in connection with the recruitment process

Additional Information:

Job Posted:
May 15, 2025

Expiration:
May 22, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Quantitative Analytics Specialist