• Wells Fargo
  • Minneapolis , MN
  • Financial Services - Insurance
  • Full-Time


Loading some great jobs for you...




At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.



Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.



*Corporate Risk* helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk. The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.



The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.



The *Credit and PPNR Modeling (CaPM) Center of Excellence (COE)* is a unit within Corporate Credit and Market Risk and is responsible for model development, implementation and production of the following model types:



1. Credit loss estimation models for the entire loan portfolio to support Allowance for Credit Loss (ACL), including preparations for Current Expected Credit Loss (CECL); estimation of risk weighted assets (RWA) in compliance with Basel regulations; and, economically sensitive credit loss estimation in compliance with Dodd Frank and the Comprehensive Capital Analysis and Review exercises (CCAR).

2. Models to support Pre-Provision Net Revenue (PPNR) estimates including forecasting models to support Dodd Frank and the Comprehensive Capital Analysis and Review exercises (CCAR).



The team is seeking a *Credit Risk Analytics Consultant* to focus on leading the production and execution of Credit and PPNR models in support of the Corporate and Regulatory (CCAR/DFAST) Stress Tests and ACL/CECL processes.



This position resides within the CaPM Home Lending Model Production team and will work closely with business partners on the execution of production models and understanding loss forecasting results.



This position joins a high functioning, high profile team and requires strong SAS/SQL programming and data analysis skills, ability to understand complex Credit loss and PPNR forecasting models, possess organizational and prioritization skills, as well as strong attention to detail. This role is highly dynamic and will require critical thinking and a tactical approach to problem solving.



The candidate will have the opportunity to interact with lines of business and senior management and will also engage in ongoing discussions and planning with partners such as CMoR, CFMO and model governance teams, as well as auditors and external regulators.



* Leading development of complex CCAR, ACL/CECL and/or PPNR implementation environments working with large data sets, advanced statistical models, and SAS/other coding to effectively and efficiently execute models for purposes including Stress Tests/CCAR, ACL/CECL, and model performance monitoring

* Establishing strong controls and creating consistent and robust execution processes across models

* Developing analytics around model results for enhancing forecast performance

* Understanding the trends within loan portfolios, their impact on model performance, and quantifying the risks not captured by models via management adjustments

* Maintaining documentation for key production processes across the team with focus on standardization and execution controls



As a *Team Member Manager*, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:



* Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.

* Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.



Required Qualifications:



* 7+ years of risk reporting experience, risk analytics experience, or a combination of both

* 3+ years of leadership experience





Desired Qualifications:



* A BS/BA degree or higher

* Excellent verbal, written, and interpersonal communication skills

* Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

* Ability to research and report on a variety of issues using problem solving skills

* Ability to interact with integrity and a high level of professionalism with all levels of team members and management

* Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment

* SAS experience





How to Express Interest in This Job: Wells Fargo invites you to apply for this job at







All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.



Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.



Relevant military experience is considered for veterans and transitioning service men and women.



Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Associated topics: actuarial assistant, actuarial director, actuary, actuary consultant, associate actuary, investment actuary, mathmatics, model, retirement actuary, statistics

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

Launch your career - Upload your resume now!

Upload your resume

Loading some great jobs for you...