At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

The Strategy, Digital and Innovation (SDI) team forges the strategic direction of Wells Fargo, provides and manages our digital foundation and common capabilities, and transforms our business models to meet evolving customer needs and grow the company. The investments we are making will help the company create innovative digital banking experiences, and make it easier for customers to achieve their financial goals.

About this role:

Wells Fargo is seeking a Lead Business Execution Consultant to support Model Risk Governance. This position will be expected to interact with model owners and other stakeholders during all model life cycle stages in order to ensure the effective governance of model development/use/evaluation processes. This requires a highly organized person that is able to communicate and multi-task effectively and can quickly grasp information communicated in various formats. The role requires both an analytic and risk management background.

#GrowWithSDI

In this role, you will:

• Execute processes to ensure all models have been identified, classified, and updated in the corporate inventory of models

• Support the model approval process for all models; monitoring and tracking any items that are out of compliance

• Check that model monitoring is performed on a periodic basis; and evaluating whether validations and annual reviews performed by the business follow the requirements set forth in this policy

• Evaluate quality and completeness of model deliverables to ensure it meets Corporate Model Governance expectations

• Facilitate model stakeholders in understanding and interpreting the policy and completing all requirements in the Model Risk Management Policy and Model Lifecycle Procedures

• Coordinate model stakeholders with Model Risk Partners and reviewers

• Generate ongoing monthly reporting for model stakeholders, Control, and LOB leadership to keep them engaged in Model Health and emerging risks/issues

Required Qualifications:

• 5 years of Management Consulting, Strategy Consulting, or Business Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Experience with model risk management and oversight; ability to evaluate model risk along complexity, reliance, and materiality risk dimensions

• Experience as a model developer or validator, or in a model oversight role

• Experience and knowledge of statistical modeling and machine learning techniques, such as regression analysis, time series analysis, multivariate analysis, and other supervised and unsupervised learning

• Experience and knowledge with quantitative modeling tools

• Deep understanding of a wide spectrum of operational risk and control areas

• Knowledge of regulatory laws/guidance and/or compliance experience working on high-visibility strategic initiatives and/or regulatory programs/projects

• Strong leadership skills with the ability to interact and lead discussions comfortably with senior levels of management

• Proven ability to produce and publish clear and concise reports

• Experience creating and managing policy and procedure requirements

Job Expectations:

• This position is not eligible for Visa sponsorship

• This position is a hybrid work model. Must be willing to work out of Charlotte, NC approximately 3 days a week

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.