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Quantitative Analytics Specialist 5 - Internal Audit

Company: Wells Fargo
Location: Chandler
Posted on: January 10, 2022

Job Description:

Job DescriptionImportant Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. -- -In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell"-- - or "Cellular"-- - in the contact information of your application.-- -At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.Internal Audit is a provider of independent, objective assurance services delivered through a highly competent and diverse team. As a business partner, Audit helps the company accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.Wells Fargo Internal Audit has a challenging opportunity on the highly-visible Quantitative Model Risk Audit Team within -- -Corporate Risk and Capital Market (CRCM). We are looking for an individual with quantitative education and experience to provide audit coverage of analytical models used at the company. This individual will be a subject matter expert supporting the daily operations and the audit coverage approach with the team. -- -This position provides a unique opportunity to gain a broad understanding of the risk management of models across the company, in areas such as credit risk, PPNR, AI/ML, economic forecasting, operational risk, consumer lending, consumer and small business banking, compliance, and wealth & investment management. The individual will play an instrumental role in the audit of the models used to meet the regulatory requirements of Basel, CCAR, and CECL. Responsibilities for this role include, but are not limited, to the following:-- - Providing leadership and credibility in the challenge of modeling practices in the company, including performing replication analyses with data mining and coding. Planning, executing, and leading technical audit reviews of models, modeling and validation areas, and model risk governance processes.-- - Providing expert guidance and support on technical model questions, model risk policy, regulatory requirements, and best industry practices to Wells Fargo Internal Audit staff, senior management, and business partners. Producing quality deliverables suitable for senior management and external distribution. Communicating testing findings and conclusions verbally and in writing to key stakeholders. Building and maintaining relationships with internal and external model stakeholders. Developing an understanding of Wells Fargo audit methodology and policy. Developing business knowledge of focus modeling areas. Training, mentoring, and providing direction to junior team members and supporting their development.-- - Work effectively independently and within a team.-- - Championing opportunities and recommendations for process improvement.Salary range is determined by the location of the job.Area 002 (Denver): $135,800 $194,000 $252,200-- -May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awardsRequired Qualifications6+ years of experience in an advanced scientific or mathematical fieldA master's degree or higher in a quantitative field such as mathematics, statistics, engineering, physics, economics, or computer scienceDesired QualificationsLeadership experience including; coaching, training, and mentoringExcellent verbal, written, and interpersonal communication skillsStrong organizational, multi-tasking, and prioritizing skillsAbility to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are importantAbility to execute in a fast paced, high demand, environment while balancing multiple prioritiesSolid problem solving skillsGood analytical skills with high attention to detail and accuracyStrong project management skillsOther Desired Qualifications Knowledge of the audit process-- - Solid understanding of the range of practice for model development and validation-- - 6+ years of model development, model validation, model risk auditing or model risk regulatory/supervisory experience in the areas of credit risk, PPNR, AI/ML, economic forecasting, operational risk, consumer lending, consumer and small business banking, compliance, and wealth & investment management. Ability to independently plan and execute complex model reviews and projects in a fast paced, high demand, environment while balancing multiple priorities-- - Working knowledge of SR 11-7, OCC 2011-12, and SR 15-18 supervisory guidance Hands-on knowledge and experience with one or more technical tools such as Python, C/C++/C#, SQL, R, Python, Matlab, SPlus, Gauss, or SAS PhD in a quantitative field such as mathematics, statistics, engineering, physics, economics, or computer scienceJob ExpectationsAbility to travel up to 10% of the timeSalary InformationTo be determinedStreet AddressNC-Charlotte: 301 S Tryon St - Charlotte, NCNC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NCIA-West Des Moines: 800 S Jordan Creek Pkwy - West Des Moines, IACO-Denver: 1700 Lincoln St - Denver, COMN-Minneapolis: 600 S 4th St - Minneapolis, MNAZ-Chandler: 2600 S Price Rd - Chandler, AZTX-Addison: 5080 Spectrum Dr - Addison, TXTX-San Antonio: 4101 Wiseman Blvd - San Antonio, TXMO-Saint Louis: 2801 Market St - Saint Louis, MOCA-SF-Financial District: 333 Market St - San Francisco, CANY-New York: 30 Hudson Yards - New York, NYNY-New York: 150 E 42nd St - New York, NYPA-Philadelphia: 1 S Broad St - Philadelphia, PADisclaimerAll offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.Relevant military experience is considered for veterans and transitioning service men and women.Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.Benefits SummaryBenefits-- -Visit benefits information.

Keywords: Wells Fargo, Chandler , Quantitative Analytics Specialist 5 - Internal Audit, Accounting, Auditing , Chandler, Arizona

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