Lead Quantitative Model Solutions Specialist

8 - 13 years

18 - 22 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

About this role:
Wells Fargo is seeking a Lead Quantitative Model Solutions Specialist

In this role, you will:
  • Lead complex, large-scale model maintenance, optimization, and planning initiatives related to operational processes, controls, reporting, testing, implementation, and documentation
  • Review and analyze complex multi-faceted model operations and optimization challenges that require in-depth evaluation of multiple factors including intangibles or unprecedented factors
  • Develop model processes and optimization strategies for short- and long-term objectives; support and provide insights regarding a wide array of business initiatives
  • Make decisions in complex and multi-faceted situations requiring solid understanding of agile development
  • Influence global assessment of model maintenance schedules inclusive of engineering, structure, and scope of review following the System Development Life Cycle process, quality, security, and compliance requirements
  • Strategically collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals

Required Qualifications:
  • 8+ years of quantitative model solutions or quantitative model operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:
  • Overall experience around 8+ years in credit risk modeling role
  • Bachelors degree or higher in a quantitative fields such as applied mathematics, statistics, engineering, finance, economics, econometrics or computer sciences
  • 5+ years of experience in credit risk analytics
  • 5+ years of advanced programming expertise in Python, Tableau and Power BI
  • Strong technical skills and problem solving skills
  • Strong project management skills with ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Excellent verbal, written, and interpersonal communication skills
  • Strong ability to develop partnerships and collaborate with other business and functional areas
  • Knowledge and understanding of issues or change management processes
  • Experience determining root cause analysis
  • Flexibility with changing priorities

Job Expectations:
  • Lead and perform various complex activities related to model monitoring, production and model analytics. Provide analytical support for developing, evaluating, implementing, monitoring and executing credit and PPNR models across commercial business vertical
  • Lead large-scale projects. Develop, implement, execute and monitor credit ACL, CECL, IFRS9, Basel and CCAR models for commercial portfolios
  • Lead model monitoring, production and analytics for credit and balance models
  • Develop dynamic dashboards; analyze key risk parameters to help understand changes in business and model performance
  • Develop frameworks for documentation of development, implementation and monitoring processes across the team with focus on standardization of controls

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Wells Fargo logo
Wells Fargo

Banking and Financial Services

San Francisco

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