Analytic Consultant 4 in Oakland, California | DiversityInc Careers
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Analytic Consultant 4

Job Description

At Wells Fargo, we have one goal: to satisfy our customers’ financial needs and help them achieve their dreams. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.

Wells Fargo Compliance (WFC) is the company’s compliance second line of defense function, providing company-wide leadership, standards, support, and independent oversight to ensure that all business groups abide by applicable laws, rules, regulations and regulatory guidance (regulatory requirements), meet compliance responsibilities, and manage compliance risks. Wells Fargo Compliance credibly challenges management decisions, business processes and activities, and evaluates and assesses adherence to applicable regulatory requirements. It provides appropriate analysis, reporting, and escalation to senior management and the Board of Directors, sets minimum standards for the company, and gives advice, guidance, and support for compliance risk management activities across the enterprise.

The Bank Monitoring and Surveillance (BMS) Team within the Financial Crime Analytics Group (FCA) has responsibility for all Front Line and Enterprise Monitoring and Surveillance programs for the lines of business (LOBs) under the bank legal entity. This includes developing monitoring programs for understanding how entities inform partners of changes in behaviors which may indicate a different utilization of Wells Fargo by the customer or possibly of suspicious or criminal activity.

The Front Line Monitoring Analytics Team within BMS partners with groups within the company to create and implement solutions to help first line of business risk functions that would warrant a review, and that may be an indication of a change in Customer Due Diligence/Know Your Customer (KYC) information, or potentially unusual activity by way of due diligence-based alerting programs.

This Analytic Consultant 4 (AC4) will work within the Front Line Monitoring Analytics Team, which focuses on front line monitoring, analytics, and reporting of customers in Wholesale and Wealth Investment Management (WIM), and may potentially expand to other groups within the bank. The team focuses on development and maintaining models, programs, and reporting that monitor customers for changes to their transactional profiles and supporting Front Line Monitoring (FLM) programs.

This AC4 is responsible for, but not limited to:

  • Working closely with Model Develop Center of Excellence (MDCoE) to develop or enhance statistical models and ongoing performance monitoring of the models;
  • Documenting the model methodologies, ongoing performance monitoring, etc. to align with the Model Risk Management Policy;
  • Collecting and provide accurate, clear data to team members to support analysis for statistical methodologies, ongoing performance monitoring, and feedback of models;
  • Working collaboratively with business, modelers, and implementation team members to help translate the requirements, and recommend feasible solutions and enhancements;
  • Performing ad-hoc data/statistical analysis and the results can be presented and understood to both business and modelers;
  • Partnering with other Team Members to create and implement a review and testing of code.

Required Qualifications

  • 6+ years of experience in one or a combination of the following: reporting, analytics, or modeling; or a Masters degree or higher in a quantitative field such as applied math, statistics, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis and 4+ years of experience in one or a combination of the following: reporting, analytics, or modeling

Desired Qualifications

  • SAS experience
  • SQL experience
  • Teradata experience
  • Knowledge and understanding of Anti Money Laundering (AML) and Bank Secrecy Act (BSA)
  • Knowledge and understanding of Tableau
  • Outstanding problem solving skills
  • Strong organizational, multi-tasking, and prioritizing skills
  • An active Certified Regulatory Compliance Manager (CRCM) designation
  • Certified Anti Money Laundering Specialist (CAMS)
  • Knowledge and understanding of Python, R or SCALA
  • Excellent verbal, written, and interpersonal communication skills
  • Extensive knowledge and understanding of research and analysis
  • Strong analytical skills with high attention to detail and accuracy

Other Desired Qualifications
  • A self-starter with the ability to acquire new concepts and skills quickly
  • Ability to analyze complex situations, create, and implement solutions to best protect the company from legal, regulatory and compliance risk
  • Solid understanding of banking relationships and transaction processes
  • Strong Excel data analysis presentation experience including macros, pivot tables, and graphs


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.