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Senior Risk Analytics Consultant Finance Risk Management

Wells Fargo
Cedars, VA Full Time
POSTED ON 3/19/2023 CLOSED ON 4/30/2023

What are the responsibilities and job description for the Senior Risk Analytics Consultant Finance Risk Management position at Wells Fargo?

**About this role:**The Finance Risk Management (FRM) group within Corporate Risk oversees frontline risk activities of the Finance organization. Enterprise Finance's activities are critical to the financial risk management of the Company, including, but not limited to, setting and managing the capital and liquidity positions, executing CCAR, managing interest rate risk, balance sheet management, financial forecasting, line of business capital allocations, funds transfer pricing, and financial and regulatory reporting among others. Additionally, Enterprise Finance encompasses operational, compliance and reputational risk across the various activities. This newly created team is responsible for enhanced effectiveness of IRM oversight, creating streamlined IRM interaction with Enterprise Finance and a comprehensive view of risks across the Finance organization. The FRM team is led by the Finance Chief Risk Officer, reporting directly to the Company's Chief Risk Officer. The group regularly produces reporting for presentation to senior management, management-level committees, the Board of Directors and Regulators.Wells Fargo is seeking a Senior Risk Analytics Consultant. This position is an individual contributor position that reports directly to the Manager of the CFMO (Corporate Functional Model Risk Oversight) team within FRM and your role will be to perform the CFMO activities and requirements for models assigned to you as defined by the Model Risk Management Policy. The FRM CFMO team is a team made up of 13 team members and covers roughly 360 models in the Finance area from a CFMO perspective.**In this role, you will:** Perform the Corporate Functional Model Oversight (CFMO) requirements as defined by Model Risk Management Policy for models assigned to you including: Risk Ranking approval, Performance Monitoring Plan approval, Performance results analysis, Model change management analysis, and model overlay analysis Participate in CCAR/MYFA, 9 Quarter Forecast activities including running model challenge meetings, review model overlays, and preparing materials for leadership decks Partner with Key Model stakeholders in helping manage overall model risk including: FRM Risk Officers, LOB Model Governance partners, CMOR validators, CMOR Governance, Model owners, other FRM CFMO's to discuss thematic modeling issues Be assigned Finance Forecasting models, FTP models, and the potential of other models covered by the FRM CFMO team ( i.e. liquidity, ALM balance sheet, IP) Participate in internal team projects as developed by leadership**Required Qualifications, US:** 4 years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education**Desired Qualifications:** Working knowledge of the Wells Fargo Model Risk Management Policy Working knowledge of the Wells Fargo CFMO procedures Excellent verbal, written, and interpersonal communication skills Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills Experience with Finance Modeling Experience partnering with varying levels of stakeholders across the organization Ability to articulate model risk issues, risks, and proposed solutions to various levels of management Ability to prioritize work, meet deadlines, and achieve goals Ability to prepare presentations and management reporting**Job Expectations:** Posting locations: Charlotte, NC; Des Moines, IA; Minneapolis, MN; Phoenix, AZ; and St. Louis, MO Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo Corporate Risk employees This position offers a hybrid work schedule**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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.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.**Company:** WELLS FARGO BANK**Req Number:** R-259702-3**Updated:** Sun Mar 26 00:00:00 UTC 2023**Location:** DALLAS,Texas

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