Senior Model Risk Validation Specialist, Wells Fargo

Wells Fargo

Location:
United States, Charlotte ▼
Minneapolis

Category:
Finance

Contract Type:
Employment contract

Salary:

139000.00 - 239000.00 USD / Year

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Job Description:

Wells Fargo’s Model Risk Management (MRM) organization is seeking a highly qualified person to join its Decision Science and Artificial Intelligence (DSAI) Group as a Senior Model Risk Validation Specialist. The role includes responsibility for validating Financial Crimes, Fair Lending, and other Compliance models. Key tasks include development of reusable code, detailed analytical reporting, and independent communication with stakeholders, regulators, and auditors.

Job Responsibility:

Perform highly complex activities related to creation, implementation, and documentation
Use highly complex statistical theory to quantify, analyze and manage markets
Forecast losses and compute capital requirements providing insights, regarding a wide array of business initiatives
Utilize structured securities and provide expertise on theory and mathematics behind the data
Manage market, credit, and operational risks to forecast losses and compute capital requirements
Participate in the discussion related to analytical strategies, modeling and forecasting methods
Identify structure to influence global assessments, inclusive of technical, audit and market perspectives
Collaborate and consult with regulators, auditors and individuals that are technically oriented and have excellent communication skills

Requirements:

4+ 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 a quantitative discipline such as mathematics, statistics, engineering, physics, economics, or computer science

Nice to have:

PhD in statistics, economics, computer science, optimization, electrical engineering, or a related quantitative discipline
In-depth knowledge of ML methodologies such as ensemble algorithms, neural networks, supervised and unsupervised learning
In-depth knowledge of Financial Crimes, Fair Lending, and other Compliance models
Strong computing and programming background and knowledge of one or more languages such as Python and Java
Experience with ML/AI computing platforms and tools
Ability to work with large datasets and some experience in database management and tools such as Hadoop, Spark and SQL
Proficiency in software development
Ability to work in cross-organizational projects and collaborate with model developers, compliance teams, and risk management stakeholders

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:
September 12, 2025

Expiration:
September 14, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Senior Model Risk Validation Specialist