Lead Risk Analytics Consultant

About this role:

Wells Fargo is seeking a Lead Risk Analytics Consultant that will be an individual contributor role on the Finance Risk Management (FRM) – Liquidity Risk Oversight (LRO) team. This will be a high-visibility role requiring regular interactions with senior leaders across Financial Risk Management, Finance, Corporate Risk, Lines of Business, and Internal Audit.

In this role, you will:

The role will oversee the Finance Risk Management EcoSystem (FRMES), an application that collects and curates risk metric data for the Finance Risk Management organization.  Additionally, the role will participate in Corporate and Investment Bank (CIB) and Wealth and Investment Management (WIM) risk reporting and oversight. The role is expected to facilitate change management and administration of the FRMES application through its partial sunset phase and perform risk management and reporting activities in the CIB / WIM space. This role is expected to engage with business and control partners to complete required activities while following approved procedures and maintaining evidence control execution. 

Specific responsibilities will include, but not be limited to, the following:

• Application Business Owner (ABO) of the FRMES application including:
  • Change management including user acceptance testing (UAT) for changes to the FRMES or upstream changes that impact FRMES.
  • Record retention and classification activities related to the FRMES application.
  • Quality assurance activities ensuring complete and accurate data in the application.
  • Primary contact for Information Technology, Data Management and Insight, risk office control partners, and IT control partners.
• Develop effective presentations on the status of the FRMES application.
• Engage with FRM leadership, to maintain a common data strategy.
• Assist with Liquidity oversight of Broker Dealer activities including monitoring liquidity metrics  
• Preparing daily liquidity reports summarizing legal entity metrics and metric breaches
• Assist in the evaluating the liquidity impact of New Business Initiatives for CIB/WIM  
• Actively engage in key Finance risk governance routines including strategic planning sessions, governance committees and business reviews.
• Identify and escalate risks and proposed risk mitigating actions.
• Look for opportunities to enhance risk awareness and identify potential efficiencies.
• Evaluate cross-program and cross-group analytics to identify opportunities and best practices to influence stronger risk management.
• Develop and deliver oversight content summarizing the results of the independent risk assessment activities.

Required Qualifications:

• 5 years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 5 years of experience in one or a combination of the following: liquidity risk, finance/treasury/asset liability management.
• Experience with technology change management.
• Experience with data analytics on large datasets
• BS/BA degree or equivalent experience in banking and finance.
• Experience in bank liquidity and/or capital analysis including stress test scenarios.
• Experience working with deposits from a liquidity, finance, treasury, or capital perspective.
• Experience working with Intraday Liquidity Risk.
• Experience in bank regulatory matters, in depth knowledge of Liquidity Risk rules and regulations like regulation YY and others.
• Knowledge/experience with Institutional/Retail Broker Dealers
• Working knowledge of liquidity risk management concepts.
• Proven ability to foster constructive relationships with various levels of management.
• Experience communicating and presenting complex information to multiple levels of the organization including senior executive-level leaders
• Ability to be proactive in terms of identifying and addressing risk and management issues that are arising.
• Ability to take initiative and work independently with minimal supervision in a structured environment.
• Advanced Microsoft Office (Word, Excel, and Outlook) skills.

Job Expectations:

• Ability to work at one of the approved locations in the job posting.
• Willingness to comply with our hybrid work model; working from a Wells Fargo facility at least three days a week, with the flexibility to work remotely two days a week.

Work Locations:

• 401 S Tryon St – Charlotte, NC
• 600 S 4th St – Minneapolis, MN

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

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.

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.