Market Risk Model Performance Monitoring Job In The Wells Fargo Foundation In Bengaluru / Bangalore, India

Job Description - Model monitoring Quant -MPAMAbout Wells FargoWells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States) Wells Fargo has offices in over 30 countries and territories Our business outside of the US 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 youAbout I & P enables global talent capabilities for Wells Fargo Bank NA, by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics, Modeling and Quants We are operating in Hyderabad, Bengaluru and Chennai locations.

Department OverviewMarket and Counterparty Risk Analytics (MCRA) is responsible for developing models for MCRM's Corporate Market Risk Group, Enterprise Counterparty Risk Management, and Market and Counterparty Capital MCRA also includes a model governance and quality assurance function, as well as a model management function that manages ongoing modeling activities for the supported business groupsAbout the RoleThis role will conduct routine market and counterparty risk models performance monitoringFunctional Responsibilities Duties include, but are not limited to:

• Running KPI monitoring programs, generating reports, maintaining testing data, and supporting onshore teams on further investigation for underperforming models/KPIs
• Execute on generation of model monitoring KPI program results
• Generation of model monitoring quarterly reports
• Maintain all KPI testing data
• Work with onshore on any results that do not meet expectations

Essential qualifications/ Market skill set

• 3+ years of quantitative analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, education
• Master's degree or higher in a quantitative field such as mathematics, statistics, engineering, physics, economics or computer science

Preferred Skills & Abilities

• Education/experience in quantitative areas
• Strong analytical skills with high attention to detail and accuracy
• Knowledge in financial products and market and/or counterparty risk
• Programming skills using SQL/Python/Excel/Java/R

We Value DiversityAt 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 lawEmployees 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 requirementsCandidates 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 veteranCandidates 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.

The Wells Fargo Foundation is looking for .

The Wells Fargo Foundation is looking for Any Graduate / Post Graduate profile candidates.