Description

About this role:

Wells Fargo is seeking a Mortgage & Fixed Income Investments Model Manager to lead the Investment Portfolio Model Governance responsibilities. This position will report to the Head of the Business Risk, Administration, Strategy and Support (BRASS) team. The role is responsible for leading and implementing model governance for models developed by the Mortgage Model Development Center (MMDC) as well as model owned by the Mortgage Servicing Rights (MSR) and other model users.

This role is also responsible for partnering closely with finance and enterprise model governance and validation teams, addressing model risk findings with developers and users, supporting Risk and Control Self-Assessment (RCSA) activities and managing model development implementation projects.

In this role, you will:

• Lead implementation of model change activity across multiple quantitative mortgage models, working closely with the model development center, model users and model governance partners.
• Work with key stakeholders to ensure model monitoring, KPI, reporting, testing data and other deliverables meet governance expectations, are documented appropriately and provided on time to oversight partners.
• Build the Investment Portfolio Model Governance team in India.
• Define, prioritize and track model development activities.
• Support Risk and Control Self-Assessment (RCSA) requirements as both a process and control owner
• Report progress and escalate concerns and issues proactively to senior management.
• Support internal audits, independent testing and examinations
• Generate monthly and quarterly model management reporting.

Required Qualifications:

• 7+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• A BS/BA degree or higher in business or finance
• 4+ years of model risk management and model governance experience
• Experience researching complex issues, distilling information into concise presentations, and offering actionable resolutions
• Experience with audit, regulators, and testing teams
• Experience with JIRA
• Familiarity with mortgage and/or fixed income investment analysis
• Ability to establish strong partnerships with model developers, model users and model governance stakeholders and lead collaborative discussion with large working groups
• Ability to prioritize work based on strategic importance, urgency, and complexity
• Ability to take initiative and work independently in partnership with key stakeholders in a fast-paced, results-driven environment.
• Excellent verbal, written, and interpersonal communication skills

Job Expectations:

• Willingness to work on-site at stated location on the job opening.

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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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.