Sr. Quantitative Analytics Specialists

2 days ago

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

Wells Fargo is seeking a Sr Quantitative Analytics specialist

CMoR operates in a fast-paced work environment with continuously changing policies and technologies. The successful candidate is expected to be self- motivated, require minimal supervision, and produce work that is consistent with CMoR's recognized high standards.Effective work will involve familiarity with source systems of record, analytical data and sampling plans, model replications, model performance assessments, and test model development as effective challenges to lines of business.It further requires strength in writing detailed standard analytical reports to ensure Wells Fargo's compliance with governance policies and regulations.Each validation report will include assessments of the specific business, model purpose and history, the model methodology, data integrity, model development, performance, implementation, and monitoring.These documents are read by a broad audience, including auditors and regulators.
  • CMoR serves as the second line of defense to ensure the integrity of Wells Fargo's model inventory. A Senior Quantitative Analytics Specialist is an individual contributor role. This position will focus primarily on Mortgage, Credit and Market Risk model validations. However, frequent special projects and seasonal requirements for CCAR validations will provide a variety of modeling contexts throughout each year. A validation project typically begins and ends with the analyst, requiring broad and continuous attention to detail, comprehensive documentation, and interactions with developers. Meetings with auditors and regulators will require recall of validation details.
  • A Senior Quantitative Analytics Specialist should have a deep academic knowledge, broad based approach to solutioning business problems. He/she should approach the problem agnostic of analytic technique, tool or process. Ability to think outside the box and provide ensemble solutions should set them apart to be a high performing team member
Essential Skills:
  • 5-8 years of experience with minimum Masters/Phd in a quantitative field such as applied math, statistics, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis
  • Performing model validations and clearly documenting evidence of validation activities
  • Develop benchmarking and alternative models in Python/SAS
  • Providing effective challenge to models developed in/for the lines of business, including identifying conceptual weaknesses in a model and understanding tradeoffs with other approaches
  • Managing and mitigating model risk to meet or exceed regulatory and industry standards
  • Providing leadership and consultation to less experienced validators and business partners
  • Communicating model risk findings and limitations to key stakeholders
  • Contributing to the improvement of model building and model use practices
  • Providing analytical support and offering insights regarding a wide array of business initiatives
  • Interacting with senior management and regulators on key modeling issues, including the identification, management, and mitigation of model risk
  • Proactively following the industry trend to apply and develop new technology to improve efficiency
Desired Skills:
  • Strong mathematical, statistical, analytical and computational skills
  • Able to demonstrate first-hand knowledge of advanced topics in various mathematical and numerical methods such as Monte Carlo, stochastic calculus, differential equations, linear algebra, applied probability, statistics and machine learning knowledge
  • Eagerness and ability to learn new technologies and programming languages
  • Strong communication skills for a variety of audiences (other technical staff, senior management and regulators) both verbally and in writing
  • Capability to multi-task and finish work within strict timelines and provide timely requests for information and follow-up questions
  • Ability to work independently on complex model validations from start to finish
  • Skill in managing relationships with key model stakeholders
  • Eagerness to contribute collaboratively on projects and discussions
  • Perpetual interest in learning something new but being comfortable with not knowing all the answers.
  • Attention to detail in both analytics and documentation
  • Aptitude for synthesizing data to 'form a story' and align information to contrast/compare to industry perspective
  • Intellectually curious, who enjoys solving problems
Posting End Date:
7 Jul 2024
*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.

  • Lead Quantitative Analytics Specialist

    2 weeks ago

    Bengaluru, Karnataka, India WELLS FARGO BANK Full time

    About this role:Wells Fargo is seeking a Lead Quantitative Analytics Specialist...In this role, you will:Lead complex initiatives including creation, implementation, documentation, validation, articulation, and defense of highly statistical theoryQualify monitor markets and forecast credit and operational risksStrategize short and long-term objectives, and...

  • Senior Quantitative Analytics Specialist

    1 month ago

    Bengaluru, India WELLS FARGO BANK Full time

    About this role:Wells Fargo is seeking a Senior Quantitative Analytics SpecialistIn this role, you will:Perform highly complex activities related to creation, implementation, and documentationUse highly complex statistical theory to quantify, analyze and manage marketsForecast losses and compute capital requirements providing insights, regarding a wide array...

  • Senior Quantitative Analytics Specialist

    2 weeks ago

    Bengaluru, Karnataka, India WELLS FARGO BANK Full time

    About this role:Wells Fargo is seeking a Senior Quantitative Analytics SpecialistIn this role, you will:Perform highly complex activities related to creation, implementation, and documentationUse highly complex statistical theory to quantify, analyze and manage marketsForecast losses and compute capital requirements providing insights, regarding a wide array...

  • Senior Quantitative Analytics Specialist

    4 weeks ago

    Bengaluru, India WELLS FARGO BANK Full time

    About this role:Wells Fargo is seeking a Senior Quantitative Analytics SpecialistIn this role, you will:Perform highly complex activities related to creation, implementation, and documentationUse highly complex statistical theory to quantify, analyze and manage marketsForecast losses and compute capital requirements providing insights, regarding a wide array...

  • Senior Quantitative Analytics Specialist

    2 weeks ago

    Bengaluru, Karnataka, India WELLS FARGO BANK Full time

    About the Role:Wells Fargo is in search of a Senior Quantitative Analytics Specialist.Undertake highly complex tasks related to creating, implementing, and documentingApply advanced statistical theory to measure, analyze, and oversee marketsPredict losses and determine capital needs to provide insights on various business initiativesUtilize structured...

  • Quantitative Analytics

    2 weeks ago

    Bengaluru, Karnataka, India WELLS FARGO BANK Full time

    About this role:This role includes model testing, development of libraries, analytic framework design, data infrastructure construction and maintenance. Liaising with onshore partners, working in collaboration and strong partnership with model developers and various other stakeholders.Functional ResponsibilitiesDuties include, but are not limited to:Model...

  • Senior Quantitative Analytics Specialist

    2 weeks ago

    Bengaluru, Karnataka, India WELLS FARGO BANK Full time

    About this role:Wells Fargo is seeking a Senior Quantitative Specialist.In this role, you will: Perform highly complex activities related to creation, implementation, and documentation Use highly complex statistical theory to quantify, analyze and manage markets Forecast losses and compute capital requirements providing insights, regarding a wide array of...

  • Lead Quantitative Analytics Specialist

    4 weeks ago

    Bengaluru, India WELLS FARGO BANK Full time

    About this role:Wells Fargo is seeking a Lead Quantitative Analytics Specialist.The successful candidate will report to the CIB Portfolio Risk lead and will work closely with the other CIB Risk teams as well as other Business SponsorsIn this role, you will:Lead complex initiatives including creation, implementation, documentation, validation, articulation,...

  • Lead Quantitative Analytics Specialist

    4 weeks ago

    Bengaluru, India WELLS FARGO BANK Full time

    About this role:Wells Fargo is seeking a Lead Quantitative Analytics Specialist.The successful candidate will report to the CIB Portfolio Risk lead and will work closely with the other CIB Risk teams as well as other Business SponsorsIn this role, you will:Lead complex initiatives including creation, implementation, documentation, validation, articulation,...

  • Quantitative Analytics Specialist

    2 weeks ago

    Bengaluru, Karnataka, India WELLS FARGO BANK Full time

    About the RoleThis role will conduct routine market and counterparty risk models performance monitoring.Functional Responsibilities Duties include, but are not limited to:Running KPI monitoring programs, generating reports, maintaining testing data, and supporting onshore teams on further investigation for underperforming models/KPIsExecute on generation of...

  • Quantitative Analytics Specialist

    4 weeks ago

    Bengaluru, India WELLS FARGO BANK Full time

    About the RoleThis role will conduct routine market and counterparty risk models performance monitoring.Functional Responsibilities Duties include, but are not limited to:Running KPI monitoring programs, generating reports, maintaining testing data, and supporting onshore teams on further investigation for underperforming models/KPIsExecute on generation of...

  • Quantitative Analytics Specialist

    1 month ago

    Bengaluru, India WELLS FARGO BANK Full time

    About this role:This position joins a high functioning, high profile team and requires the presence and professional demeanor necessary to interact effectively with team members across RMG, Lines of Business (LOB), model governance, and oversight, validation, and audit organizations. This role will also utilize strong documentation capabilities that will...

  • Quantitative Analytics Specialist

    4 weeks ago

    Bengaluru, India WELLS FARGO BANK Full time

    About this role:This position joins a high functioning, high profile team and requires the presence and professional demeanor necessary to interact effectively with team members across RMG, Lines of Business (LOB), model governance, and oversight, validation, and audit organizations. This role will also utilize strong documentation capabilities that will...

  • Quantitative Analytics Associate

    3 weeks ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Quantitative Analytics Associate. **In this role, you will**: - Participate in complex activities related business analytics - Develop, implement, calibrate, and validate analytical models - Review structured securities, cash flow and credit impacts - Research market and interest rate changes and develop...

  • Quantitative Analytics Associate

    7 days ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Quantitative Analytics Associate: **In this role, you will**: - Participate in complex activities related business analytics - Develop, implement, calibrate, and validate analytical models - Review structured securities, cash flow and credit impacts - Research market and interest rate changes and develop...

  • Quantitative Analytics Associate

    5 days ago

    Bengaluru, India WELLS FARGO BANK Full time

    About this role:Wells Fargo is seeking a Quantitative Analytics Associate:In this role, you will:Participate in complex activities related business analyticsDevelop, implement, calibrate, and validate analytical modelsReview structured securities, cash flow and credit impactsResearch market and interest rate changes and develop modeling systems to support...

  • Quantitative Analytics Associate

    2 weeks ago

    Bengaluru, India Wells Fargo Full time

    **About the Role** This role supports execution of models used for estimation of counterparty risk of central counterparties (CCP's) for reporting in the U.S. Federal RQAeserve Comprehensive Capital Analysis and Review and for BAU risk management. The role includes data infrastructure construction and maintenance, design and execution of procedures and...

  • Quantitative Analytics Associate

    2 weeks ago

    Bengaluru, Karnataka, India NatWest Group Full time

    Our people work differently depending on their jobs and needs. From home working to job sharing, visit the remote and flexible working page on our website to find out more.This role is based in India and as such all normal working days must be carried out in India.Join us as a Quantitative Analytics Associate This is an opportunity for a driven Quantitative...

  • Quantitative Analytics Associate

    3 weeks ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a... **In this role, you will**: - Participate in complex activities related business analytics - Develop, implement, calibrate, and validate analytical models - Review structured securities, cash flow and credit impacts - Research market and interest rate changes and develop modeling systems to support real time...

  • Quantitative Analytics Associate

    2 months ago

    Bengaluru, India NatWest Group Full time

    Our people work differently depending on their jobs and needs. From home working to job sharing, visit the remote and flexible working page on our website to find out more. This role is based in India and as such all normal working days must be carried out in India. Join us as a Quantitative Analytics Associate - This is an opportunity for a driven...