Lead Risk Analytics Consultant | Finance Independent Risk Management
About The Position
Wells Fargo is seeking a Lead Risk Analytics Consultant to join Finance Independent Risk Management. This role provides independent oversight of regulatory capital, data quality, controls, and capital adequacy, with a particular focus on Retail and Operational Risk workstreams and the implementation of Basel III Endgame requirements. The Lead Risk Analytics Consultant will provide technical expertise and consultative guidance for reviewing, challenging, and supporting regulatory capital interpretations, methodologies, models, and results. The role partners closely with Finance, Regulatory Interpretation, Model Risk Management, Data Management, and line-of-business stakeholders to ensure compliance with capital rules, integrity of data and controls, and robustness of capital outcomes. This position requires strong technical expertise in regulatory capital, sound risk judgment, and the ability to lead through influence in a complex, highly regulated environment.
Requirements
- 5+ years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
- 3+ years of experience leading complex initiatives and influencing stakeholders (may include project, workstream, or technical leadership).
Nice To Haves
- Proven communication skills with the ability to influence, develop, partner with, and maintain collaborative relations at all levels within the organization.
- Knowledge of the infrastructure is needed to support financial risk management.
- Strong leadership and influencing skills; proven experience driving alignment and delivering results in complex, matrixed environments.
- Demonstrated ability to operate independently, work with a sense of urgency, drive results and build strong internal and external relationships.
- M.B.A., Master’s degree, CPA or CFA preferred.
Responsibilities
- Lead complex risk analytics and regulatory capital oversight deliverables, providing technical direction and subject matter expertise.
- Provide consultative guidance to business and risk partners on regulatory capital, RWA treatment, and related risk analytics topics.
- Plan and execute work independently, set analytical approach and priorities, and ensure timely, accurate, and well-documented deliverables.
- Foster a strong risk culture and collaboration across stakeholders; communicate complex topics clearly to varied audiences.
- Perform Independent Risk Management oversight and effective challenge across: Regulatory capital rule compliance for Retail and Operational Risk workstreams, including interpretation application and documentation expectations.
- Review Regulatory Interpretation Team consultation memos, assess RWA impact, and recommend risk positions and path forward.
- Review and challenge advanced systems changes impacting capital calculations, data lineage, and reporting outputs.
- Identify emerging risks, formulate targeted review plans, and drive issue identification, escalation, and tracking.
- Review significant transactions and portfolio changes for capital treatment; document conclusions and provide effective challenge.
- Review compliance rationale documents and supporting evidence to confirm low-level rule requirements are clearly demonstrated and audit ready.
- Serve as a subject matter expert supporting Basel 3 Endgame implementation, impact assessments, and related governance forums.
- Assess impact of data defects and control-related issues and monitor remediation.
- Assess Basel model monitoring results and capital adequacy.
- Review effectiveness of the Independent Verification & Validation processes and related control environment.
- Perform review of data submissions, reconciliations, and variance analysis.
- Independently calculate capital results and challenge earnings estimates.
- Review and challenge RWA forecasts.
- Identify, escalate, and monitor risks to forecast accuracy and reliability.
- Review and challenge changes, to data sources and inputs, data transformations, model changes, and test results.
- Review, challenge and monitor implementation of new business initiatives and products to ensure rule compliance, data that is fit-for purpose and completeness of risk assessment.
- Oversight and challenge of Strategic data sourcing and Axiom capital calculator implementation.
Benefits
- Relocation assistance is not available for this position.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
