Senior Risk Analytics Consultant - Model Management and Monitoring

Wells Fargo Bank • Charlotte, NC

20h • Hybrid

About The Position

Wells Fargo is seeking a Senior Risk Analytics Consultant to perform a model monitoring and management support function within Market and Counterparty Risk Analytics (MCRA), with responsibility for all models owned by Market and Counterparty Risk Management (MCRM). Market and Counterparty Risk Analytics (MCRA) governs, monitors, and manages both quantitative and qualitative models for the Market and Counterparty Risk Management (MCRM) organization. Specific responsibilities include supporting the coordination of all activities related to model monitoring within CIB Traded Products, as well as developing and managing model reporting functions. The role also has critical responsibility for executing and evidencing the performance of controls in alignment with company-wide control standards. The consultant will work closely with senior specialists and managers within MCRA. In this role, you will: Support and participate in moderately complex initiatives, delivering insights and decision strategies within analytics and reporting, and contribute to large-scale planning related to Risk Analytics Review and analyze moderately complex data aggregation, forecasting, reporting, and programming models Be responsible for process production, data reconciliation, and model documentation in alignment with policy governance Perform model management for Market Risk and Counterparty Credit Risk models Resolve data, production, and business modeling issues, and lead the team to meet Risk Analytics deliverables while leveraging a solid understanding of risk reporting policies, modeling strategies, procedures, regulatory requests, and compliance requirements Collaborate and consult with peers, experienced managers, compliance, and technology teams to resolve modeling, forecasting, and production issues and achieve analytic and reporting goals Partner with cross-enterprise risk analysts in the development of common modeling strategies.

Requirements

• 4+ years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, or education

Nice To Haves

• Familiarity with a range of software types and packages, including proficiency in Microsoft Office applications (Word, Outlook, Excel, PowerPoint, Visio) and Jira
• Strong analytical skills, including the ability to strategically analyze data, diagnose opportunities, and provide reporting
• Knowledge of capital markets financial products; Understanding of traded products (rates, FX, derivatives, structured products, equities, fixed income)
• Experience with model monitoring frameworks (performance tracking, thresholds, back testing, triggers)
• Strong understanding of model governance lifecycle (inventory, validation, monitoring, remediation)
• Excellent communication, organizational, and project management skills
• Experience driving process improvements or transformation in risk/model monitoring environments and implementation strategies
• Experience providing administrative support, including responding to inquiries and requests for information
• Experience developing partnerships and collaborating cross-functionally
• Highly organized with the ability to manage multiple workflows and deadlines in a controlled environment
• Strong attention to detail with disciplined execution in governance-driven environments

Responsibilities

• Support and participate in moderately complex initiatives, delivering insights and decision strategies within analytics and reporting, and contribute to large-scale planning related to Risk Analytics
• Review and analyze moderately complex data aggregation, forecasting, reporting, and programming models
• Be responsible for process production, data reconciliation, and model documentation in alignment with policy governance
• Perform model management for Market Risk and Counterparty Credit Risk models
• Resolve data, production, and business modeling issues, and lead the team to meet Risk Analytics deliverables while leveraging a solid understanding of risk reporting policies, modeling strategies, procedures, regulatory requests, and compliance requirements
• Collaborate and consult with peers, experienced managers, compliance, and technology teams to resolve modeling, forecasting, and production issues and achieve analytic and reporting goals
• Partner with cross-enterprise risk analysts in the development of common modeling strategies

Benefits

• Relocation assistance is not available for this position
• This position currently offers a hybrid work schedule
• This position is not eligible for visa sponsorship
• This position is subject to FINRA Background Screening Requirements, including successful completion of a background check.
• Internal transfers must comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons must not be subject to statutory disqualification.
• Successful candidates must also meet ongoing regulatory requirements, including additional screening, and are required to report certain incidents
• Specific compliance policies may apply regarding outside activities and/or personal investing.
• Affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and comply with applicable policy requirements if hired.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed