Wells Fargo

Quantitative Analytics Manager

Wells Fargo  •  Bengaluru, IN (Onsite)  •  2 days ago
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Job Description

About this role:

Wells Fargo is seeking a Quantitative Analytics Manager.

Model Risk Management (MRM): Model Risk Management is responsible for validating and monitoring models, independently overseeing the management of model risk exposures across the enterprise, including governing, monitoring, and reporting on aggregate model risk exposures. This oversight extends to all phases of a model’s life cycle, including model identification, development, validation, implementation, resolution of model risk findings, model usage, performance monitoring, documentation, and retirement.

Credit Scoring team this team oversees model risk in credit scoring, fair lending and loss estimate models. Credit Scoring models are designed to support decision-making related to consumer and commercial lending. They include various types, such as application, behavioral or collection scorecards, and can be categorized by different business portfolio (e.g., home lending/equity, auto, consumer credit cards, personal loans, commercial loans etc.). The responsibilities of this team include end-to-end model risk management over the model lifecycle including risk tiering, validation, and performance monitoring, etc.

This highly visible position requires strong risk management and technical expertise, along with the ability to build strategic partnerships across the enterprise. Effective communication with technical staff, senior management, auditors, and regulators is crucial. The role operates in a fast-paced environment, necessitating multitasking and meeting strict deadlines to ensure policy adherence and effective model risk management.

In this role, you will:

  • Manage a team responsible for the creation and implementation of low to moderate complex financial areas
  • Mitigate operational risk and compute capital requirements
  • Determine scope and prioritization of work in consultation with experienced management
  • Participate in the development of strategy, policies, procedures, and organizational controls with model users, developers, validators, and technology
  • Make decisions and resolve issues regarding operational risks and enable decision making in business, product, marketing, or other functional areas
  • Manage a team comprised of quantitative analysts and credit risk analysts
  • Interact with internal and external audit or regulators
  • Manage allocation of people and financial resources for Quantitative Analytics
  • Mentor and guide talent development of direct reports and assist in hiring talent


Required Qualifications:

  • 5+ years of Quantitative Analytical experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 2+ years of leadership experience
  • Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, or computer science

Desired Qualifications:

  • 5+ years of Quantitative Analytical experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
  • 2+ years of management experience
  • Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, accounting, finance, economics, or computer science
  • A wide knowledge of modeling techniques and uses; in-depth knowledge of AI and ML methodologies.
  • Strong computing and programming background and experience with AI/ML computing platforms and tools

Job Expectations:

  • Knowledge of regulatory requirements: SR 11-7, industry standards on model validation, model governance, extensive expertise and keen insight on the model risk management process and future directions, expertise in defining model performance metrics and risk reduction techniques.
  • Previous model development or validation experiences in Credit Scoring models in large financial firms.
  • Excellent verbal, written, and interpersonal communication skills, with an ability communicate to non-technical audience and present to senior leaders.
  • Strong organizational skills, attention to detail, ability to work as a member of a broader team, and ability to adhere to strict deadlines in a fast-paced environment.
  • Demonstrated ability to actively lead projects/discussions, work through problems and reach decisions that are in the best interest of the function and the Company.

Posting End Date:

3 Jul 2026

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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.

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.

Wells Fargo

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $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 more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Relevant military experience is considered for veterans and transitioning service men and women. 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.© 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
San Francisco, California
Year Founded
Unknown
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