Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
About Wells Fargo India
Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru and Chennai locations.
: Knowledge Services brings a Team Member-based approach to the international talent pool focusing on analytical requirements. Knowledge Services (KS), encompasses roles that deliver insights and analysis based on skills, experience and judgment. Team Members exercise this judgment under general direction versus rule-driven processing. Processes and services performed in this area tend to be based on skills, domain knowledge and intellectual capability. The Qualitative Model Validation group is responsible for validating and approving all qualitative models used across Wells Fargo. The team's responsibilities include performing model validations includes annual reviews, performance monitoring, and issue management.
About the Role:
Selected candidate will work as individual contributors and would be responsible for weekly / monthly data mart refreshes, monthly reports using SAS/VBA/Unix and SQL, develop, maintain and validate financial models, Analyzing data and draw insights, develop process documents and present the work to India and US team members during team meetings. Another part of the role is to provide optimal management solutions and implement process automation across all the BAU processes.
Work as Individual contributors to support data management and financial modeling & analysis projects.
Develop and maintain monthly reports, analyze and highlight any data anomaly.
Deep dive into data and identify cause for variation in trends of key matrics in monthly reports/data marts.
Provide analytical support for designing, testing, evaluating, implementing, measuring, monitoring and managing Business /Finance models and strategies across acquisitions and account management using VBA based tools within consumer and commercial Business / Finance verticals.
Establish mechanisms to measure, manage and mitigate risk for various portfolios.
Develops dynamic dashboards; analyze key risk parameters to help understand changes in Business / Finance, primarily using VBA, Excel and SAS.
Sets up monitoring framework to track, monitor and mitigate any potential and identified Business / Finance and operational risks. Produce performance monitoring against benchmarks regarding growth, mix, delinquency, losses, grade migration, and overall profitability and performance; coordinate and consolidate the production of monthly, quarterly, and annual performance reports for senior management; review and analyze trends in current population distributions and recommending strategies.
Work with senior consultants or directly with partners, responsible for identifying and defining business requirements and translating business needs into moderately complex analyses and solutions.
Works with users to define business requirements and analytical needs; identify and recommend potential data sources; compile and mine data from multiple, cross business sources
Manage partner relationships, proactively identify and provide world-class service, and accommodate dynamic requirements.
Develop new reports or enhance existing reports by closely working with stakeholders as per dynamic business needs.
Drive customer satisfaction by cultivating awareness of each partner's need, offerings, and products to suit business objective.
Market Skills and Certifications
Engineering Graduate/Post Graduate from reputed institution.
Minimum of 3 years of relevant work experience in Analytics projects with knowledge of financial analysis, financial modeling and reporting, and knowledge of financial policies and regulations for USA market.
Hands on experience of working with SAS/VBA/Unix/Teradata SQL.
Advanced knowledge of Excel, PowerPoint.
Strong written and verbal communication, presentation and inter personal skills
Ability to perform complex analysis, build financial models, draw conclusions and communicate recommendation to business leaders
Prioritize multiple tasks in a fast-paced environment with critical deadlines.
Ability to work both independently and within team environment.
Understanding of finance concepts like (NPV, ROA & ROE) and Excel financial modeling skills.
Strong understanding of business drivers and industry trends of financial portfolios.
Strong domain knowledge on credit cards, lines and loans.
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Internal Number: 55085BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo