About this role:
Wells Fargo is seeking an Analytics Consultant for electronic reporting activities under collateral monitoring. Electronic reporting involves preparing client files and analyzing the results for each collateral reporting update during the credit life cycle to correctly identify and evaluate the ineligible collateral.
In this role, you will: • Review and prepare collateral reporting files received from the clients for processing & inventory various reports.
• Perform additional file format due diligence by reviewing various file types & troubleshooting various file formats.
• Partner with multiple teams to resolve any issues that arise during each reporting cycle (technical processing team members, collateral analysts, relationship managers, field examiners, and in some situations, clients)
• Perform trend analysis and exception report review, root cause analysis to identify the probable causes for variation in total gross collateral on the Ineligibles Schedule. Seek second level review as needed.
• Identify the key fields and their source and check the source files to see if the information is logical and being picked up correctly by the processing tool.
• Create final ineligibles schedule against the clients collateral reporting files.
• Consult with business line and enterprise functions on less complex research
• Use functional knowledge to assist in non-model quantitative tools that support strategic decision making
• Perform analysis of findings and trends using statistical analysis and document process
• Present recommendations to increase revenue, reduce expense, maximize operational efficiency, quality, and compliance
• Identify and define business requirements and translate data and business needs into research and recommendations to improve efficiency
• Participate in all group technology efforts including design and implementation of database structures, analytics software, storage, and processing
• Develop customized reports and ad hoc analyses to make recommendations and provide guidance to less experienced staff
• Understand compliance and risk management requirements for supported area
• Ensure adherence to data management or data governance regulations and policies
• Participate in company initiatives or processes to assist in meeting risk and capital objectives and other strategic goals
• Collaborate and consult with more experienced consultants and with partners in technology and other business groups
Required Qualifications: • 2+ years of Analytics experience, or equivalent demonstrated through one or a combination
of the following: work experience, training, military experience, education
Desired Qualifications: • 8-10 years of overall experience with 4+ years of Consulting experience or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Advanced level Excel skills, good command of complex & nested formulas, troubleshooting and VBA for excel.
• Experience in exploratory data analysis, data validation & cleaning, data visualization & outlier identification, reporting & insights is a must have.
• Fair understanding of the credit life cycle, line of credit & collaterals and their types.
• Experience in Analytics, or equivalent demonstrated through one or a combination of the
following: work experience, training, military experience, education
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.
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.
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