Analytics Consultant – New Borrower Review Process

About this role:

Wells Fargo is seeking an Analytics Consultant to support the new borrower review process within Risk Asset Review (RAR) for Credit Risk within Corporate Risk. Learn more about the career areas and lines of business at wellsfargojobs.com .

Credit Risk independently oversees the management of credit risk exposures (including monitoring and reporting on aggregate credit exposures across groups, legal entities, geographies, and jurisdictions) and the quality of credit risk management practices across the company. This oversight extends to all phases of a loans life cycle, including origination, underwriting, risk analysis, approval, documentation, monitoring, loss recognition, modification, and collection activities. Credit Risk develops, maintains, and ensures adherence to companywide credit risk frameworks, policies, and procedures that are aligned with Board-approved risk appetite.

RAR is the companys internal loan review function and is foundational to the credit risk management function at Wells Fargo. RAR independently evaluates the quality of lending practices in the businesses and shares its findings with the Chief Credit Officer and line of business management. RAR reports all significant credit issues to members of the Allowance Approach and Allowance Approval Committees, Executive Management, and the Credit Committee of the Board of Directors.

The RAR MIS team is a high performing and important function that supports the broader RAR organization with the RAR Application Suite, foundational and examination data processing, application and process support, as well as the output and reporting of examination results and activities. This new Analytics Consultant role will predominantly work alongside other members of the team to support the new Monthly New Borrower process. Additionally, the person will provide support to the RAR organization with the review and distribution of output and reporting, processing and vetting of information, updating and distribution of documentation, and other tasks as assigned.

In this role, you will:

Consult with business line and enterprise functions on less complex research.

Use functional knowledge to assist in non-model quantitative tools that support strategic decision making.

Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.

Execute strong analytical capabilities to evaluate data, assess risk, and create reports.

Ensure adherence to data management or data governance regulations and policies.

Collaborate and consult with more experienced consultants and with partners in technology and other business groups.

Required Qualifications:

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

Desired Qualifications:

Proficiency in data analytics tools and techniques to process borrower applications.

Ability to analyze financial reports to assess financial health.

Strong analytical skills and experience with credit risk and risk management.

Experience processing datasets efficiently, ensuring data quality and integrity for accurate assessment.

Strong commercial credit analysis skills with high attention to detail and accuracy ensuring regulatory compliance.

Excellent communication skills with the ability to communicate issues, risks, and proposed solutions effectively and succinctly, in both written and verbal formats with senior leaders

Ability to provide credible challenge and candor to peers.

Ability to perform quantitative and qualitative analysis and document conclusions in an articulate and succinct manner.

A BS/BA degree or higher in accounting, finance, or economics.

Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members.

Ability to execute in a fast paced, high demand, environment while balancing multiple priorities.

Provide support for moderately complex assessments.

Knowledge of business process flows and excellent project management skills.

Domain knowledge within banking.

Job Expectations:

This position is eligible for Visa sponsorship.

Ability to travel up to 10% of the time.

Willingness to work on-site at stated location on the job opening.

This position offers a hybrid work schedule.

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.

$63,600.00 – $135,700.00

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:

20 Oct 2024

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 units 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.

Company: WELLS FARGO BANK

Req Number: R-408095-3

Updated: Thu Oct 17 03:53:59 UTC 2024

Location: WEST DES MOINES,Iowa