Senior Quantitative Model Solutions Specialist

About this role:

Wells Fargo is seeking a senior quantitative model solutions specialist

In this role, you will:

• Lead or perform highly complex activities, advanced analytics, related to model orchestration, implementation, optimization, documentation, articulation and defense, on-going maintenance of complex models grounded in highly statistical theory used to quantify, analyze and  manage  credit risks or to forecast losses and compute capital requirements or enable decision making in business, product or other functional  areas.
• Duties typically include implementing and executing analytical models and strategies for short and long term objectives, performing analytical support, and providing well-articulated insights regarding a wide array of business initiatives.
• This may involve recommending advances in modeling methodologies and/or overall model implementation approach/ infrastructure, high performance computing, cloud computing and API enabled model orchestration
• Review and analyze complex data sets, quantitative models, and model outputs to validate model efficiency and results in support of business initiatives
• Advise and guide team on complex model optimization and processes strategies
• Gain full understanding model execution and controls on the theory and mathematics behind the analyses.
• Independently resolve complex issues and lead team to meet project deliverables while leveraging solid understanding of policies and compliance requirements.
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.

Required Qualifications:

• Experience in providing quantitative solutions, model solutions, quantitative model operations, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Overall experience around 6+ years in credit risk modeling roles, model implementation, production and model monitoring
• Bachelor’s degree or higher in a quantitative field such as applied mathematics, statistics, engineering, finance, economics, econometrics or computer sciences
• 6+ years of advanced programming expertise in SAS and Python
• Experience in regulatory models for CCAR Stress testing, CECL, IFRS9, RRP, FCM, Basel Models and understanding of SR 15-18 and SR 11-7 guidelines.
• Strong project management skills with ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
• Remarkable problem-solving skills, review materials / model results with an eye to detail.
• Excellent verbal, written, and interpersonal communication skills
• Strong ability to develop partnerships and collaborate with other business and functional areas

Desired Qualifications:

• Advanced knowledge of high performance computing environments, cloud computing, API enabled model orchestration
• Experience in large-scale end-to-end machine learning systems, using both traditional and big data tools, high performance scientific computing, optimization and computing platforms such as Hortonworks, MapR, Spark etc.
• Ability to work with cloud technologies and environments such as Azure, GCP
• Ability to research and report on a variety of issues using problem solving skills.
• Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment.

Job Expectations:

• Lead orchestration, implementation, execution of highly complex and statistically grounded models for loss, balance, income and expense forecasting and capital estimation.
• Recommend advances in high performance computing, lead implementation of API enabled model orchestration.
• Recommend and lead migration to cloud computing. Design and carry out optimization activities, test and implement model solutions
• Review, analyze and present model results, explain model performance and provide model analytics
• Implement strong governance and controls. Develop detailed model documentation.
• Collaborate with various teams including model developers, model owners, technology teams, oversight and governance groups

Posting End Date: 

8 May 2024

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

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.