Automated Decisioning Analyst - Commercial Vehicle Group (Credit Risk Analytics Cons 4) in Chicago, Illinois | DiversityInc Careers
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Automated Decisioning Analyst - Commercial Vehicle Group (Credit Risk Analytics Cons 4)

Job Description

Wells Fargo Equipment Finance (WFEF), a division of Wells Fargo Commercial Capital is a leading equipment finance provider in the U.S. and Canada. with a portfolio exceeding $45 billion, more than 300,000 active customers and 2,500+ team members . WFEF provides a full spectrum of financing and lease options for customers’ equipment and capital expenditure requirements through Wells Fargo business, commercial and corporate banking channels, relationships with equipment manufacturers, dealers, distributors and direct to market. WFEF has industry financing specialists dedicated to Healthcare, Construction, Energy, Commercial and Specialty Vehicles, Marine, Rail, Aircraft, and Vendor Financing Programs.

Wells Fargo Wholesale – Commercial Capital Credit Risk Modeling COE

WFEF has an immediate opening for an Automated Decisioning Analyst within the Credit Risk Modeling Center of Excellence, responsible for overseeing all aspects of Automated Decisioning Strategies for the Commercial Vehicle Group (CVG) line of business. CVG specializes in wholesale and floorplan financing of commercial vehicles including but not limited to trucks, trailers, transportation equipment and bus dealers. This role will report directly to the CVG Team Lead within the Model Implementation & Automated Decisioning Team in the COE.
The primary objectives of this role are to support the wing-to-wing design, execution and ongoing maintenance of automated decisioning strategies for the CVG line of business, as well as implementation of statistical models leveraged in the strategies. Responsibilities encompass the implementation and coding of statistical model outputs, strike zones and business rules; regression testing of changes; strategy and impact vetting with risk and model governance stakeholders; business rollout for each set of changes; and post-production monitoring/validation of changes in accordance with the team’s change management guidelines.

The individual in this role will prepare and present impact analyses to key Risk stakeholders, as well as provide metrics and conduct analytics to validate the performance of existing strategies and recommend modifications where needed.

The Automated Decisioning Analyst will collaborate with model developers and subsequently implement and document model logic and testing results in accordance with team Change Management and Wells Fargo Model Governance guidelines.

This role also provides essential training and ongoing end user business support regarding metrics, model use, business rules, and other automated decisioning issues.

This individual must leverage technical programming capabilities to implement decisioning logic in specialized software, conduct regression and wing-to-wing systems testing, and manipulate large datasets for the purposes of preparing impact analyses and risk metrics. The ideal candidate will possess quantitative analytical capabilities, be detail-oriented, and have the ability to manage multiple projects concurrently in a fast-paced environment. The successful candidate will leverage strong communication and problem solving skills to fully understand business problems and effectively collaborate to identify and implement the technical solutions to those problems. The Automated Decisioning Analyst will also liaise with IT to explore new systems functionality as needed.

Team members 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 and if 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.

Required Qualifications

  • 7+ years of risk reporting experience, risk analytics experience, or a combination of both
  • 3+ years of leadership experience

Desired Qualifications

  • Excellent verbal, written, and interpersonal communication skills
  • Extensive technical writing skills
  • Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
  • Solid problem solving skills

Other Desired Qualifications
  • Intermediate to advanced SAS or other programming skills
  • Previous work experience in the Transportation Finance industry
  • Previous work experience with Experian PowerCurve and/or Strategy Design Studio software
  • Previous experience with model implementation and automated decisioning strategies
  • Knowledge of commercial and consumer bureau data
  • Strong project and time management skills
  • Quantitative analytics skills
  • Familiarity with probability of default (PD) models
  • Ability to travel 5% of the time.

    All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

    Relevant military experience is considered for veterans and transitioning service men and women.

    Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.