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Senior Treasury Analyst

3 months ago


Bengaluru, India WELLS FARGO BANK Full time
About this role:

Wells Fargo is seeking a Senior Treasury Analyst

In this role, you will:
  • Manage and support global treasury activities including funding, liquidity risk management, asset and liability management, capital management, financial performance management, and related activities
  • Monitor and evaluate global market conditions and provide overall advisory on treasury finance risk
  • Be responsible for complex reporting and analytics on treasury finance metrics
  • Ensure accurate recurring deliverables are completed and compliant with various treasury risk management regulatory requirements
  • Ensure data quality and establish controlled processes
  • Collaborate with Internal Audit, Corporate Risk Management and Model Governance teams as well as outside parties including regulatory agencies, accounting and consulting firms
  • Make recommendations to more experienced group members and management
  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
  • Interact with internal customers
  • Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
  • Support ongoing management, performance monitoring, validation, implementation testing, regressions, transformative development, and other strategic activity for quantitative and qualitative models. The models are utilized in performing forecasting, stress-testing and other advanced analytics activity across numerous fixed income asset classes. Includes submission of model validations in connection with technological advancements, system transitioning and portfolio activity within IP.
  • Correspond with US-based model owners/developers in PSA and partner groups in portfolio management, the mortgage model development center, technology specialists and other stakeholders. Includes responding to model risk findings by model risk partners.
  • Work actively on forecasting income, balance, valuation, risk-weighted assets, liquidity, credit losses and other advanced analytics and balance sheet management across various interest rate and spread scenarios.
  • Model testing, analytic framework design, analytic data infrastructure construction and maintenance, and relevant system implementation
  • Running KPI monitoring programs, generating reports, executing, and automating valuation impact tests, maintaining testing data, and supporting onshore teams on further investigation for underperforming models/KPIs
  • Support team's performance monitoring, control framework and correspondence with auditor groups.
  • Co-lead discussions related to model development processes optimization, database, and tool management.
  • Collaborate with onshore teams to create robust testing and monitoring procedures for all models.
  • Expert in creation of visualization reports using Power BI, ThoughtSpot, or other visualization tools. Proficiency in PolyPaths is desired, but not required.
  • Assist technological advancement of existing and new systems supporting valuation and related analytics as part of the migration to IP's new Advanced Data and Analytics platform.
  • Ensure accurate recurring deliverables are completed and compliant with various IP risk management, regulatory requirements.
  • Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
  • Participate in discussions related to big data management .
Required Qualifications:
  • 4+ years of Treasury experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
  • 7+ years of quantitative analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, education.
  • Master's degree or higher in a quantitative field such as mathematics, statistics, engineering, physics, economics or computer science
  • Strong analytical ability accompanied with impeccable reputation for integrity, accuracy, consistency, big picture orientation and business acumen.
  • 4+ years of experience analyzing, modeling, trading, or managing a portfolio of fixed-income products (i.e., mortgage-backed securities, structured products, interest rate swaps)
  • 4+ years of experience analyzing, modeling, valuing, and forecasting fixed income securities across multiple asset classes and scenarios (i.e., interest rate risk measures)
  • Experience with third party fixed income models (i.e., PolyPaths, QRM, Bloomberg, Calypso)
  • Programming ability in R, Python or SQL and familiarity with data science or similar programming/database experience
  • Experience with model risk governance and/or model validation in the financial services sector
Job Expectations:
  • Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.
  • In-depth understanding of fixed-income products including mortgage-backed securities, structured products, municipal bonds, interest rate swaps and US Treasury bonds
  • Understanding of the regulatory landscape for large financial institutions
About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

About Wells Fargo India

Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru, and Chennai locations.

Department Overview

Enterprise Finance function supports the state side in various Finance related processes across the organization. There are various processes such as Asset Liability Management, Liquidity reporting management, Global Funding Collateral Management, Enterprise Controls & Oversight, Cost of Funds Reporting, Investment Portfolio, and Financial Analytics.

Investment Portfolio Overview

The Wells Fargo Investment Portfolio (IP) manages the company's Available-For-Sale (AFS) and Held-To-Maturity (HTM) securities and loans positions ($397.0B1), enterprise AFS & HTM oversight, the Bank Owned Life Insurance (BOLI) program, the Corporate Economics Group (CEG), equity buyback and liquidation functions, the Mortgage Model Development Center (MMDC), hedging of the mortgage servicing rights (MSR) asset, the Reinsurance and Risk & Insurance Management (RIM) businesses, and supports enterprise balance sheet and interest rate risk management in partnership with Treasury.

About the Role

Investment Portfolio is seeking a Senior Treasury Analyst ( Model Data & Analytics Quant P3) to join the Portfolio Strategy & Analytics (PSA) team in India to manage the analytics workstream for the securities portfolio, which will have the responsibility to execute weekly, monthly, quarterly, regulatory, and ad-hoc interest rate risk measurements, analyze results for accuracy on expected portfolio behavior, manage interest rate risk modeling suite, and analyze new strategies in partnership with other IP teams

This person has responsibility for actively working on a variety of different forecasts for the Wells Fargo Investment Portfolio including capital, interest rate risk, balance sheet, income, and liquidity across several scenarios.

This role includes model testing, analytic framework design and report visualization, data infrastructure construction and maintenance. Liaising with US-based PSA teammates and portfolio management partners while collaborating with various partners including model developers and model managers, Model Risk Management, Internal Risk Management, BusinessA Control Management, Audit and other stakeholders.

A successful candidate is expected to have strong understanding of modeling fixed income securities, model governance, validation, and demonstrated experience with matrices, complex datasets, programming, automation tools and strong partnership skills.

Functional Responsibilities
  • Support ongoing management, performance monitoring, validation, implementation testing, regressions, transformative development, and other strategic activity for quantitative and qualitative models. The models are utilized in performing forecasting, stress-testing and other advanced analytics activity across numerous fixed income asset classes. Includes submission of model validations in connection with technological advancements, system transitioning and portfolio activity within IP.
  • Correspond with US-based model owners/developers in PSA and partner groups in portfolio management, the mortgage model development center, technology specialists and other stakeholders. Includes responding to model risk findings by model risk partners.
  • Work actively on forecasting income, balance, valuation, risk-weighted assets, liquidity, credit losses and other advanced analytics and balance sheet management across various interest rate and spread scenarios.
  • Model testing, analytic framework design, analytic data infrastructure construction and maintenance, and relevant system implementation
  • Running KPI monitoring programs, generating reports, executing, and automating valuation impact tests, maintaining testing data, and supporting onshore teams on further investigation for underperforming models/KPIs
  • Support team's performance monitoring, control framework and correspondence with auditor groups.
  • Co-lead discussions related to model development processes optimization, database, and tool management.
  • Collaborate with onshore teams to create robust testing and monitoring procedures for all models.
  • Expert in creation of visualization reports using Power BI, ThoughtSpot, or other visualization tools. Proficiency in PolyPaths is desired, but not required.
  • Assist technological advancement of existing and new systems supporting valuation and related analytics as part of the migration to IP's new Advanced Data and Analytics platform.
  • Ensure accurate recurring deliverables are completed and compliant with various IP risk management, regulatory requirements.
  • Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
  • Participate in discussions related to big data management .
Essential Qualifications
  • 7+ years of quantitative analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, education.
  • Master's degree or higher in a quantitative field such as mathematics, statistics, engineering, physics, economics or computer science
  • Strong analytical ability accompanied with impeccable reputation for integrity, accuracy, consistency, big picture orientation and business acumen.
  • 4+ years of experience analyzing, modeling, trading, or managing a portfolio of fixed-income products (i.e., mortgage-backed securities, structured products, interest rate swaps)
  • 4+ years of experience analyzing, modeling, valuing, and forecasting fixed income securities across multiple asset classes and scenarios (i.e., interest rate risk measures)
  • Experience with third party fixed income models (i.e., PolyPaths, QRM, Bloomberg, Calypso)
  • Programming ability in R, Python or SQL and familiarity with data science or similar programming/database experience
  • Experience with model risk governance and/or model validation in the financial services sector
Preferred Skills & Abilities
  • Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.
  • In-depth understanding of fixed-income products including mortgage-backed securities, structured products, municipal bonds, interest rate swaps and US Treasury bonds
  • Understanding of the regulatory landscape for large financial institutions
Posting End Date:

*Job posting may come down early due to volume of applicants.

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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.