Job Information
Wells Fargo Senior Lead Risk Analytics Consultant (P5)/ Executive Director in Bengaluru, India
- CL Risk Analytics, Delivery & Oversight (CADO) supports the Consumer Lending business (General Purpose Credit Cards, Small Business Cards, Personal Loans & Retail Services) with cutting-edge data infrastructure solutions, automation of the process, doing comprehensive tracking of portfolio health and adhering to RCSA framework. The team fosters a collaborative partnership with Risk and Product management team to deliver business value in the areas of decision implementation in Originations, Portfolio Management and Collections using Decision Systems as ACAPS, Zoot, and BMG. Publishing insightful self-serve reports by harnessing the power of SAS, SAS-Viya, SQL, Python & Tableau.
About this role:
Wells Fargo is seeking a Senior Lead Risk Analytics Consultant.
The role is linked to CL Risk Analytics, Delivery & Oversight (CADO) team which is part of the Credit Analytics, Governance, and Execution that supports various Unsecured Consumer lending products - Cards, Co-Brand, Retail Services, Personal Loans and Flex. Wells Fargo is seeking a Senior Lead Risk Analytics Consultant (Executive Director) which is a senior individual contributor role 14+ years of experience in credit risk analytics domain, primarily with Credit Cards and Loan products.
The ideal candidate will be responsible for developing, maintaining and managing advanced reporting, analytics, dashboards and other BI solutions. The role involves collaboration with US team, India team and business stakeholders to understand their needs and to create actionable reports and insights to support decisions-making processes. This position requires expert level expertise in SAS Visual Analytics(SAS VA), data visualization and an analytical mindset to provide meaningful insights from complex datasets. Additionally, should be able to determine business requirements for complex analysis, which will identify opportunities and make recommendations for improvements to business performance and process as well as identify and monitor risk.
In this role, you will:
Act as an advisor to experienced leadership to develop, influence, and interpret analysis for monitoring and oversight of portfolio and deliver insight and decision strategies, with long term goals for highly complex business analysis and modeling companywide
Lead the strategy and resolution of highly complex and unique challenges requiring strategic, advanced analytical, inductive thinking, and performance monitoring
Extract data to provide statistical and financial modeling companywide, delivering solutions that are long term, large scale, and require vision, innovation, and coordination of highly complex activities and guidance to others
Provide vision, direction, and expertise to experienced leadership on implementing innovative and significant business solutions that are large-scale, companywide strategies
Engage with all levels of professionals and managers companywide
Act as an expert advisor to experienced leadership
Required Qualifications:
- 7+ years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Desired Qualifications:
7+ years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Provide influence and leadership in the identification of new tools and methods to analyze data.
Ensure adherence to compliance and legal regulations and policies on all projects managed.
Work as a leader to drive value to the business.
Be a subject matter expert(SME) in Consumer lending Data Analytics & Transformation, driving automation and taking ownership of monitoring framework design.
Strategically collaborate and consult with peers, colleagues, and mid-level to senior managers to resolve issues and achieve goals.
Lead projects, serve as a peer mentor to staff, interns and external contractors.
Work with US partner to understand the business requirement and deliver a proper solution to drive business value and insights.
Expert level knowledge on SOR systems and data flow architecture that populates data into risk DataMarts.
Expert level knowledge of Acquisition, Collections and Loss Forecasting models on Unsecure lending products.
Ability to work independently, manage multiple projects and meet or exceed deadlines.
Ensure data accuracy and integrity with SAS VA reports by conducting regular audits, troubleshooting and validating data.
Optimize reports and dashboards for performance and user experience.
Monitor and maintain reporting systems, ensuring they are up to date, accurate and efficient.
Identify trends, patterns and insights from complex datasets to provide actionable recommendations.
Stay up to date with the latest visualization features and best practices to continuously improve reporting capabilities.
Identify and monitor key performance indicators (KPI’s) such as product performance and risk exposure.
Support senior management and strategy partners with dashboards that provide clear visibility into product performance and risk metrics.
Perform root-cause analysis and on any discrepancies and inconsistencies in reports and datasets.
Collaborate with various credit and product groups and external vendors to develop effective ways to manage new account decisions, leveraging best practices and new data/tools;
Ability to synthesize complex analytical findings into executive level communications.
Ability to communicate effectively, in both written and verbal formats, with senior executive-level leaders.
Ensures adherence to data management/data governance regulations and policies. Data involved may be very large, structured and from multiple sources.
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
14+ years of experience in one or a combination of the following: analytics, reporting, financial modeling, statistical modeling, finance, or accounting; or a BS/BA or higher in Finance, Accounting, Statistics, Economics or Business
Strong knowledge on Unsecured Consumer lending products - Cards, Co-Brand, Retail and Personal loans.
Strong communication, interpersonal and leadership abilities to develop partnerships, lead projects independently and collaborate with other business and functional areas.
Prior experience in similar credit risk reporting role with hands on experience working on Credit Cards and Loans products for US market, requires strong domain knowledge on Credit Cards and Loans.
Expertise in data visualization principles and best practices.
Strong understanding of data structures, data models and ETL processes.
Ability to analyze complex datasets and present insights in a clear concise manner.
Experience with advanced SAS, SQL and strong working experience with databases like Teradata, Oracle
Prior experience with development of robust and consistent reporting and monitoring capability to track Collections and Recovery performance.
Strong experience in Enterprise data warehouse databases like –Teradata, SQL Server and DB2
Strong experience on automation through SAS and Unix scripting
Expertise in software and/or programming languages and tools (SAS, SAS Visual Analytics, SAS Viya, Unix scripting, Tableau, Python, SQL Server Management Studio, Microsoft SQL Server, Teradata, etc.).
Ability to design and structure complex data & data architecture framework and analytical reporting, financial valuation, and forecasting. The candidate should be able to prioritize work, meet deadlines, achieve goals and work under pressure in a dynamic and complex environment. Detail oriented, results driven, and could navigate in a quickly changing and high demand environment while balancing multiple priorities.
Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment having ability to lead project teams and coordinate with multiple stakeholders
Operates with a sense of urgency, particularly towards deadlines, audit, and deliverables.
Knowledge of Python is a plus, but not required.
Strong presentation/communication skills required to drive through periodic report reviews with key stakeholders and describe insights on key metrics.
Expert level knowledge of Unsecure lending product Originations and Account management subject areas.
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.
Outstanding problem solving and analytical skills with ability to turn findings into strategic imperatives.
Advanced experience creating executive level dashboards, analytics, and reports using advanced visualization tools.
Advanced experience gathering business requirements from various sources including end-users and stakeholders.
Navigating within large complex technology environments to locate, validate, extract, and format data for data analysis testing.
Builds & maintains relationships and trust with staff members, business partners, and stakeholders.
Knowledge and understanding of credit card lending practices, policies, and procedures, ability to learn the business aspects quickly, multitask and prioritize between projects.
Demonstrates strong negotiation, communication & presentation skills with high degree of reliability, integrity and trustworthiness and should contribute to strategic decisions and coordinate with multiple stakeholders.
Strong project management skills with ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
Posting End Date:
12 Dec 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 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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-417054