About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description

Department Overview

The India Corporate Risk Team provides best in class risk management practices to enhance credit and market risk management, executing on key initiatives and processes across products and lines of business (LOBs).

The Risk Modeling Team is a unit within Corporate Risk and is responsible for Credit Risk model development and implementation. The team develops Credit and PPNR (Pre-Provision Net Revenue) models which are used to support the Allowance for Credit Loss (including Current Expected Credit Loss), to estimate risk weighted assets (RWA) in compliance with Basel regulations, and to support the Comprehensive Capital Analysis and Review (CCAR) exercise.

About the Role

End-to-end development of quantitative regulatory models for Commercial Portfolio, and t
ransition of Credit Risk models and data processes to Python environment. .


  • Python migration of regulatory Credit risk models (including CCAR, CECL and IFRS). Support the validation and testing activities.
  • Development of PPNR and Credit risk regulatory models for Commercial portfolio
  • Work closely with onshore team to understand and enhance the data and modeling process behind existing models, develop new models, address data and model issues/questions.
  • Underlying portfolio data research and analytics using strong programming skills
  • Adhere to audit and model validation governance to ensure data and modeling process are in compliance with policy and are working as intended, address model validation and regulatory feedback issues
  • Coherently support analysis to modeling teams and other users such as model validation, internal audit
  • Support ad-hoc analytic projects
  • Ability to work overlap hours with US team

Market Skills and Certifications

Essential Qualifications:

  • Overall experience around 4-8 years in similar role

  • Degree in applied mathematics, statistics, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis.

  • Strong Quantitative Skills:

    • 4+ years of Predictive modeling experience. Good understanding of model development and model testing.

    • Proficient in statistical analysis

    • Good Problem Solving and Analytical Skills

  • Programming Skills

    • 2+ years of hands on experience in Python and SQL

    • Good to have exposure to SAS
  • Good Written and Oral Communication Skills

Desired Qualifications:

  • Ability to prioritize work, meet deadlines, achieve goals and work under pressure in a dynamic and complex environment

  • Detail oriented, results driven, and has the ability to navigate in a quickly changing and high demand environment while balancing multiple priorities

  • Understanding of bank regulatory data sets and other industry data sources

  • Exposure to banking domain in Credit Risk area on Retail/Commercial portfolio

  • Ability to identify and manage complex issues and negotiate solutions within a geographically dispersed organization

  • Ability to research and report on a variety of issues using problem solving skills

  • Ability to interact with integrity and a high level of professionalism with all levels of team members and management

  • Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment

We Value Diversity

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate. 71122


At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.

We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re so committed to hiring and retaining military veterans, veterans with disabilities, National Guard members, and Reservists that we’ve made it our goal is to employ 20,000 veterans by 2020.

As a Wells Fargo team member, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Team Member Network, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit Let’s talk about turning your military experience into a great civilian career.

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