Quantitative Model Solutions manager

About this role:

Wells Fargo is seeking a Quantitative Model Solutions Manager. Commercial Credit Decision Modeling team is seeking a highly motivated individual to lead the model implementation and data services team. The manager will be responsible for managing all model implementation and data management projects. Provide guidance to the team and effectively interact with all stakeholders. The Commercial Credit Decision Modeling team is responsible for model development, strategy, implementation, and data management for all Commercial Lending portfolios.

In this role, you will:

• Manage and develop individual contributors with a focus on low to moderate complex model operational and optimization processes, controls, assumptions, metric development, reporting, and testing strategies to successfully drive effectiveness
• Provide expertise regarding low to moderately complex strategies, synchronizing transformational and opportunity needs with pragmatic operational considerations
• Make decisions and resolve issues regarding low to moderately complex model operations and optimization work to meet business objectives; interpret and develop policies, procedures, and standards
• Identify and recommend design thinking, methodology, optimization, and processes related to low to moderately complex model operations, balancing modern technology and the regulatory climate
• Utilize theoretical and mathematics to synthesize then communicate concepts into practical planning related to model maintenance and optimization
• Collaborate with and consult with peers, colleagues, and multiple level managers
• Manage allocation of people and financial resources for Quantitative Model Solutions
• Mentor and guide talent development of direct reports and assist in hiring talent

Required Qualifications:

• 4+ 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
• 2+ years of leadership experience

Desired Qualifications:

• 4+ years of experience in working on database management and/or implementation of models/strategies with a strong understanding of the business

• Exposure to working in Big Data Platforms like Hive, Spark, Hadoop, Cloudera, AWS, and so on.

• Bachelor’s degree in engineering in any field

• Proficient in Python or R

• Proficient in Tableau, Power BI, or any of business intelligence tools

• Experience in producing high quality technical documentation with tools such as Excel. Word, and PowerPoint

• Excellent verbal and communication skills

• Advanced degree in statistics, finance, math, engineering or similar quantitative disciplines

• Good Python skills in performing complex data manipulation and modeling in Python

• Excellent analytical ability in interpreting data, analytical results to draw insights to develop credit scoring models and help business manage the credit risk effectively

• Familiarity with U.S based Bureau Data

• Excellent problem-solving skills and ability to connect dots, see big picture and find solutions and articulate in a clear manner

• Understanding of process, methodologies used in credit scoring model development, implementation, validation, and monitoring

• Ability to effectively manage multiple assignments with challenging timelines

• Experience in statistical modeling techniques

• Strong writing skills necessary for the review of highly detailed model documentation and reporting

• Flexibility and ability to thrive in a fast-paced, rapidly changing, highly complex environment

Job Expectations

• Work on data management across all portfolios required for modeling purposes

• Creating dashboards for reporting and controls purposes

• Coordinating the various activities related to business analysis and modeling

• Work on implementation of models doing UAT, and post implementation validation

• Develop methods to enhance the existing process to add efficiency, transparency and consistency while maintaining quality and responsiveness standards

• Trouble-shoot issues and pro-actively enact solutions in real time

Posting End Date: 

*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.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.