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.
Consumer and Small Business Banking Data, Analytics & Reporting team is responsible for independent monitoring to ensure Community Banking and Consumer Lending business process and activity owners implement effective and sustainable controls to manage risk and adhere to Company policies and regulatory expectations.
Learn and identify conceptual and quantitative solutions to meet the constraints of business requirements.
Leverage data, business knowledge, strategy and predictive models to inform and influence line of business strategic planning in long term plan development
Identify, develop and implement advanced quantitative models or algorithms to increase proactive detection of risk patterns and trends by researching and testing data to determine those with the most predicative power.
Build and implement advanced quantitative models or algorithms that can be used for specialized surveillance and to proactively identify and isolate relevant emerging risks across processes, products, interactions, transactions and other macro factors.
Leverage 'Big Data' analytic tools and platforms like Hadoop and HIVE to implement quantitative solutions
Provide automated, user-friendly and data-driven solution for Community Banking Centralized Supervision and other business partners
Partner closely with other Consumer Banking Risk Management to support Branch Quality Reviews, Compliance Reviews and other activities where advanced data mining and / or modeling would add value
Improve risk monitoring and issue detection by enhancing traceability of banker and customer activities
Work with large databases and process flow through complex logic or merging algorithm.
Use SQL, SAS or other statistical / BI tools to create and maintain MIS, support data mining and analytics insights.
Assist in the data architecture and data cleansing methodology and implementation.
Create and maintain various quantitative tool documentation and metadata.
Write presentation deck, and communicate results to internal and external customers.
Strengthen data resolution, process integration, usage testing, implementation and enhancement on Bank Supervision Platform
Market Skills and Certifications
B.A./B.S. course in College (preferably in Applied Math, Statistics, Engineering, Physics, Accounting, Finance, Economics, Econometrics, Computer Sciences)
8+ years total working experience
6+ years of experience in one or a combination of the following: reporting, analytics, or modeling demonstrated through work or military experience; or a Master's degree or higher in a quantitative field such as applied math, statistics, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis and 4+ years of experience in one or a combination of the following: reporting, analytics, or modeling
Extensive knowledge and understanding of research and analysis Strong analytical skills with high attention to detail and accuracy Excellent verbal, written, and interpersonal communication skills
Strong analytic and creative problem solving skills.
More than 2 years of working experience using SAS, SQL and/or other statistical / BI tools.
Prior experience developing and implementing models in Teradata, Hadoop or Aster environments.
Prior experience working with advanced analytic capabilities and experience in Big Data capabilities.
Experience in detection of risk pattern and trends
Experience in building, testing, automating, documenting and optimizing data infrastructure.
Ability to work with large databases and process flow through complex logic or merging algorithm.
Familiar with Wells Fargo Consumer Banking, fraud risk/operation, or is a proven fast learner of data / business knowledge
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.
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