Risk Analytics Consultant, Wells Fargo

Wells Fargo

Location:
United States, Charlotte ▼
Irving
Minneapolis
Tempe
West Des Moines

Category:
Finance

Contract Type:
Not provided

Salary:

73100.00 - 129900.00 USD / Year

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Job Description:

Wells Fargo is seeking a Risk Analytics Consultant to join the Risk Rating Methodology (RRM) team in the Wholesale Credit Risk group in Corporate Risk. The RRM team manages the development and refinement of risk rating methodologies and grids for commercial credit exposures across Wells Fargo. RRM provides oversight of commercial business risk rating methodologies which includes analyzing risk rating data to provide recommendations on existing or new methodologies, approving business risk rating policies and processes, facilitating risk rating tool and application training, overseeing model controls and usage, and resolving risk rating issues and research activities.

Job Responsibility:

Lead data and analytical project work associated with risk rating grid development/refinement and ongoing monitoring
Extract data from various systems and databases and manipulate it into standard formats for use in further analysis and development, documenting controls and key processes
Analyze data, interpret findings and clearly and concisely summarize/present conclusions and recommendations to project leads
Document the data analysis completed as part of a model segment development and refinement, adhering to model risk management requirements
Develop new and/or maintain existing analytical tools aimed at monitoring various aspects of the commercial credit portfolios, risk rating tools and associated processes
Assist in the enhancement of existing data processes and analyses supporting performance monitoring of risk rating qualitative models
Coordinate and consolidate the production of monthly, quarterly, and annual performance reports for project leads
Evaluate risk rating grid/guidance usage and performance through data analysis, identifying issues that need to be addressed from data trends and taking ownership to address them
Present recommendations for resolving data reconciliation, production, and database issues
Contribute to specific governance documentation related to outlining RRM’s data related processes within the team, as assigned
Identify, document, and track research activities related to risk rating tool issues, upstream data feeds, or monitoring items, and manage their resolution
Assist in constructing business requirements for technology implementation of enhancements to data views
testing technology changes as necessary
Become a subject matter expert in the various data sources used by RRM, as well as the risk rating data and tools, knowing where best to source the necessary information to answer questions and provide guidance to oversight team members
Exercise independent judgment while developing expertise in policy governance, risk projects, and handling regulatory requests
Build and maintain strong working relationships within the team and with stakeholders to RRM's processes (various risk groups, technology, and other business partners)

Requirements:

2+ years of Risk Analytics or Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
1+ years of SAS and/or Python programming experience
SQL experience
Strong analytical and quantitative skills with high attention to detail and accuracy
Strong problem-solving background, specifically extracting, manipulating, and analyzing data
Ability to prioritize work on multiple projects concurrently, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Ability to gather, organize, and interpret data
Ability to develop Excel based reporting and analysis (e.g. vlookup, pivots, macros or VBA)
Demonstrated ability to adapt and pivot in a rapidly changing environment
Ability to collaborate effectively with colleagues or work independently as needed
Excellent verbal, written, and interpersonal communication skills
Ability to communicate and present complex analytical topics to a non-technical audience
Ability to take initiative, identify opportunities and implement changes and solutions proactively
Familiarity with commercial credit data, commercial risk ratings, probability of default, and loss given default concepts
Background in mathematics, statistics, engineering, physics, accounting, finance, economics, computer sciences, or related field
Knowledge and understanding of technology applications/macros design, development, testing, and deployment
Demonstrated experience working with cross-functional teams
Knowledge and understanding of UNIX
Intermediate Microsoft Office (Word, Outlook, and PowerPoint) skills

Nice to have:

1+ years of SAS and/or Python programming experience
SQL experience
Strong analytical and quantitative skills with high attention to detail and accuracy
Strong problem-solving background, specifically extracting, manipulating, and analyzing data
Ability to prioritize work on multiple projects concurrently, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Ability to gather, organize, and interpret data
Ability to develop Excel based reporting and analysis (e.g. vlookup, pivots, macros or VBA)
Demonstrated ability to adapt and pivot in a rapidly changing environment
Ability to collaborate effectively with colleagues or work independently as needed
Excellent verbal, written, and interpersonal communication skills
Ability to communicate and present complex analytical topics to a non-technical audience
Ability to take initiative, identify opportunities and implement changes and solutions proactively
Familiarity with commercial credit data, commercial risk ratings, probability of default, and loss given default concepts
Background in mathematics, statistics, engineering, physics, accounting, finance, economics, computer sciences, or related field
Knowledge and understanding of technology applications/macros design, development, testing, and deployment
Demonstrated experience working with cross-functional teams
Knowledge and understanding of UNIX
Intermediate Microsoft Office (Word, Outlook, and PowerPoint) skills

What we offer:

Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement

Additional Information:

Job Posted:
April 30, 2025

Expiration:
May 05, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Risk Analytics Consultant