Quantitative Model Solutions Manager, 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 Model Solutions Manager to lead and manage teams responsible for credit risk model implementations, monitoring, execution, and analytics related to Retail Secured portfolios.

Job Responsibility:

Manage a team responsible for Credit Risk model monitoring, implementation and execution for Retail Home Lending and Auto portfolio
Manage multiple stakeholders and relationships for different engagements of the team
Lead large-scale projects related to implementation, execution and monitoring of CECL, IFRS9, Basel and CCAR stress testing models for Retail Secured portfolios
Lead and perform various complex activities related to predictive modeling
Provide analytical support for developing, evaluating, implementing, monitoring and executing credit and PPNR models across retail secured business verticals
Lead model production and analytics projects for Retail Secured loss forecasting and PPNR models
Guide the team in developing dynamic dashboards
Analyze key risk parameters to help understand changes in business and model performance
Identify opportunities for strategic and infrastructure projects
Design and deliver process improvements, standardization, rationalization and automations
Enhance and standardize performance analysis, reporting packages and business loss forecast processes
Develop frameworks for documentation of development, implementation and monitoring processes across the team with focus on standardization of controls
Recommend insights and actions to be considered by management relative to the development of strategy, policies, procedures and organizational controls and with model users, developers, validators and technology
Apply business knowledge and predictive analytics to serve as a subject matter expert, analyst, advisor and consultant to the corporate and/or lines of business (LoB) with respect to model development, model validation, modeling data analytics, model performance analysis and model execution

Requirements:

4+ years of quantitative model solutions or quantitative model operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
2+ years of leadership experience
Bachelors degree from a premier institute or Masters/PhD degree in quantitative fields such as applied mathematics, statistics, engineering, finance, economics, econometrics or computer sciences
Advanced programming skills in Python, SAS and SQL
Good exposure to business intelligence tools such as Tableau/PowerBI for dashboarding
Strong project management skills with ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Excellent verbal, written, and interpersonal communication skills
Strong ability to develop partnerships and collaborate with other business and functional areas
Knowledge and understanding of issues or change management processes
Experience in regulatory models for CCAR Stress testing, CECL, IFRS9, RRP, and Basel
Strong understanding of Retail Home Lending and Auto business
Comprehensive view of the regulatory requirements
Ability to systematically probe, research, identify and analyze business problems using problem solving skills
Ability to lead high performing advanced quantitative analytics teams and stakeholder management
Detail oriented, results driven, and has the ability to navigate in a quickly changing and high demand environment while balancing multiple priorities
Understanding of bank regulatory data sets and other industry data sources
Flexibility with changing priorities
Knowledge of SR 15-18 and SR 11-7 guidelines

Additional Information:

Job Posted:
May 30, 2025

Expiration:
June 08, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Quantitative Model Solutions Manager

Wells Fargo

Location:India, Bengaluru

Category:Finance

Contract Type:Not provided