Wells Fargo Senior Lead Risk Analytics Consultant in CHANDLER, Arizona
About this role:
Wells Fargo is seeking for a Senior Lead Risk Analytics Consultant to join the Consumer Credit Analytics team.
As a member of this team, you will support consumer lines of business (LOBs) and the business-aligned credit risk officer (CRO) teams, specifically focused on testing, oversight, supporting credit risk management strategies, and enhancing the company's risk management through quantitative analytics and effective quantitative challenge of consumer strategies.
This role will provide governance and influence across areas responsible for ensuring credit policies, programs, products, decisions, and strategies align to business and enterprise risk framework objectives, are within business and enterprise credit risk appetite limits, are well controlled and monitored, adhere to governance and enterprise program requirements, and effectively manage risk.
This role will interact with the consumer LOB and CRO teams and other credit risk and business units daily. In addition, this role will support direct communication with external agencies and internal audit.
In this role, you will:
Establish, design, and implement independent challenge processes for consumer credit scoring models and loss estimation models, including enhancing governance and oversight of consumer scoring model programs and policies, with a direct and significant impact on returns and credit risk appetite
Provide and lead analytics around the credit scoring model use process, including credit score and loss estimate use in decisions at origination, line management, collections, loss mitigation, and other areas where credit decisions are made by consumer LOBs
Utilize analytics to challenge the credit scoring model in decision process across consumer businesses, using statistical models, rule based strategies, overrides or other process components
Coordinate highly complex matrixed activities across consumer credit, CRO, and LOB areas
Build and support governance routines, and independent testing of the credit scoring model process
Document the model governance process and execution within the process
Monitor, assess and report on new model design and model performance trend in model use context model policy exception trends
Provide vision, direction and expertise to senior leadership on implementing innovative and significant business solutions
Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Interact with internal and external customers operating in a hub and spoke framework
Collaborate with LOBs for oversight of risk management
Interact with Audit, Legal and external agencies on risk related topics
- 7+ years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
7+ years of financial services experience with minimum of 5 years in consumer; consumer credit and risk experience strongly preferred
Master's degree in a STEM (science, technology, engineering, and mathematics) related discipline
Quantitative experience in modeling or analytics in consumer risk management
Credit risk experience across the credit life cycle (new originations, account management, collections/loss mitigation)
Experience building and managing governance frameworks
Proven ability to influence and lead in a highly matrixed environment
Proven ability to credibly challenge leadership and influence decision-making
Software and tool design experience with a pragmatic perspective
Proficient with Excel, Tableau, SAS, Python and MS Office
Ability to work at one of the approved locations in the job posting
Willingness to comply with our hybrid work model; working from a Wells Fargo facility at least three days a week, with the flexibility to work remotely two days a week.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Company: WELLS FARGO BANK
Req Number: R-259967-2
Updated: Thu Mar 16 00:00:00 UTC 2023