Quantitative Modeling Director - ALM Models

Job description

About this role: Wells Fargo is seeking a Quantitative Analytics Director to lead the Deposits Modeling team within BSIRRM, owning the development and implementation of quantitative deposits models. This role will report to the Head of BSIRRM and manage a team of analysts with responsibility to lead model development that is used in the management of the company’s interest rate risk profile. This role requires experience in predictive modeling and data analysis to develop quantitative models to capture behavioral features of deposits products in dynamic rate and macroeconomic conditions. The models are used to forecast deposits balance, attrition and rate sensitivity to inform the actions to optimize NII and the company’s interest rate risk profile. Treasury at Wells Fargo is a dynamic team that is responsible for managing Wells Fargo's balance sheet including capital, liquidity, funding, and interest rate risk management. Treasury seeks to ensure Wells Fargo always maintains sufficient capital and liquidity resources to support growth in the Company's businesses, while also ensuring a satisfactory financial cushion exists to protect against unforeseen stresses in the economic envi...