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Wells Fargo

Senior Quantitative Analytics Specialist (#001806)

Posted 10 Days Ago
Be an Early Applicant
Hybrid
Minneapolis, MN
153K-239K Annually
Senior level
Hybrid
Minneapolis, MN
153K-239K Annually
Senior level
Develop, implement, and document advanced statistical, econometric, and machine learning models to forecast losses and capital requirements (PPNR). Analyze structured securities, manage market/credit/operational risk, support stress testing, and collaborate with auditors and regulators to influence global analytical strategies.
The summary above was generated by AI
At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're 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.
Wells Fargo Bank N.A. seeks a Senior Quantitative Analytics Specialist in Minneapolis, MN.
Job Role and Responsibility:
Perform highly complex activities related to creation, implementation and documentation. Use highly complex statistical theory to quantify, analyze and manage markets. Forecast losses and compute capital requirements providing insights, regarding a wide array of business initiatives. Utilize structured securities and provide expertise on theory and mathematics behind the data. Manage market, credit, and operational risks to forecast losses and compute capital requirements. Participate in the discussion related to analytical strategies, modeling and forecasting methods. Identify structure to influence global assessments, inclusive of technical, audit and market perspectives. Collaborate and consult with regulators, auditors and individuals that are technically oriented and have excellent communication skills. Telecommuting is permitted up to 1 day a week. Position must appear in person to the location listed as the work address.
Travel required: 0%
Required Qualifications:
Degree required: Master's degree in Statistics, Mathematics, Physics, Engineering, Computer Science, Economics, or related quantitative discipline.
Alternative degree required : PhD in Statistics, Mathematics, Physics, Engineering, Computer Science, Economics, or related quantitative discipline.
Amount and type of experience required: 4 years of experience in the job offered or in a related quantitative analytics role. Alternate combination of education and experience.
Alternative experience required: 1 year of experience in the job offered or in a related quantitative analytics role.
Specific skills required:
Specific skills required: • Data analysis, modeling, and programming experience using SAS and Python or R; • Significant analytic experience in statistical, econometric, and machine learning approaches to data analysis and modeling; • Experience working with relational databases and Hadoop data file systems; • Theoretical and applied knowledge pertinent to build Pre-Provision Net Revenue PPNR forecasting models using advanced statistical techniques/machine learning for stress testing; • Experience with linear model technique including time-series, OLS, logistic regression, hazard models, and panel regression.
Salary: $153,000 - $239,000
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.
$0.00 - $0.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement
Posting End Date:
4 Aug 2026
* Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. 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.
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.
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.

Wells Fargo Charlotte, North Carolina, USA Office

355 W Martin Luther King, Jr BLVD, Charlotte, NC, United States, 28202

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