Market Risk Model Performance Monitoring

2 - 7 years

7 - 17 Lacs

Posted:3 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

About this role:

Wells Fargo is seeking a Quantitative Analytics Specialist. For Model monitoring Quant MPAM. This role will conduct routine market and counterparty risk models performance monitoring.

Market and Counterparty Risk Analytics (MCRA) is responsible for developing models for MCRMs Corporate Market Risk Group, Enterprise Counterparty Risk Management, and Market and Counterparty Capital. MCRA also includes a model governance and quality assurance function, as well as a model management function that manages ongoing modeling activities for the supported business groups.

In this role, you will:
  • Develop, implement, and calibrate various analytical models
  • Perform highly complex activities related to financial products, business analysis and modeling
  • Perform basic statistical and mathematical models using Python, R, SAS, C++ and SQL
  • Perform analytical support and provide insights regarding a wide array of business initiatives
  • Provide solutions to business needs and analyze workflow processes to make recommendations for process improvement in risk management
  • Collaborate and consult with peers, colleagues, managers, and regulators to resolve issues and achieve goals

Required Qualifications:

  • 2+ years of Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Master's degree or higher in statistics, mathematics, physics, engineering, computer science, economics, or quantitative discipline

Desired Qualifications:

    • 2+ years of quantitative analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, education
    • Masters degree or higher in a quantitative field such as mathematics, statistics, engineering, physics, economics or computer science
    • Education/experience in quantitative areas
    • Strong analytical skills with high attention to detail and accuracy
    • Knowledge in financial products and market and/or counterparty risk
    • Programming skills using SQL/Python/Excel/Java/R

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    Wells Fargo logo
    Wells Fargo

    Banking and Financial Services

    San Francisco

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