Data Science Consultant

About this role:
Wells Fargo is seeking a Data Science Consultant...
In this role, you will:

• End-to-End model monitoring of fraud models

• Support annual model review and (re)validation efforts.

• Support model implementation, monitoring, and documentation

• Provide analytical support for different types of fraud identification and prevention strategies.

• Perform ad-hoc analysis to understand portfolio trends and develop actionable solutions.

• Support analysis and development of strategies, methods, and other fraud- related projects

• Establish mechanisms to manage and mitigate fraud risks for all portfolios.

• Participate in low to moderately complex initiatives by utilizing data-driven, advanced analytical and statistical techniques to identify trends, diagnose problems, and build actionable insights or recommendations

• Review and analyze business, operational, technical assignments, or challenges that require research, evaluation, and selection of alternatives to convert data into meaningful insights and recommendations

• Exercise independent judgment to guide medium risk business hypothesis generation

• Present recommendations and insights for resolving low to moderately complex business needs and problems; exercise independent judgment while developing an expertise in analytic capabilities

• Collaborate and consult with functional colleagues, internal partners, and stakeholders to drive recommendations and strategies based on data-driven analytical insights, trends, and patterns

• Conduct low to moderately complex predictive analytics to build actionable insights and recommendations

• Design and apply algorithms to mine large sets of structured and unstructured data from various sources

• Interpret and analyze data, using advanced analytics modeling methods and programming, to isolate patterns that lead to recommendations to solve problems and influence business decisions and strategies

Required Qualifications:

• 4+ years of experience in one or a combination of the following: reporting, analytics, or predictive modeling with at least one year of modelling experience or theoretical knowledge

• BS/BTech degree or higher in a quantitative field such as applied math, statistics, engineering, physics

• Strong analytical skills with high attention to detail and accuracy

• Model development or model monitoring experience

• 2+ years of SAS (e.g. Enterprise Guide or Enterprise Miner or Base SAS) and/or Python or R experience

• Demonstrated experience with statistical modelling techniques and AI-ML techniques.

• Ability to create documentation of process flows, business analysis and metadata.

• Experience in Financial services or knowledge of consumer/retail financial products

• Experience in Data Science, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Knowledge and understanding of banking industry.

• Strong analytical skills with high attention to detail and accuracy

• Dedicated, enthusiastic, self-driven and performance-oriented and capable of handling multiple projects simultaneously.

• Possesses a strong work ethic and thrives in a collaborative team environment.

• Excellent verbal, written, and interpersonal communication skills and demonstratable presentation skills.

• Engage with cross culture team members and stake holders.

• Experience working on BI Tools like QlikView or Tableau

• Experience with MS Office Suite (PowerPoint, Excel, Word)

Job Expectations:

• Support annual model review and (re)validation efforts.

• Support model implementation, monitoring, and documentation

• Provide analytical support for different types of fraud identification and prevention strategies.

• Perform ad-hoc analysis to understand portfolio trends and develop actionable solutions.

• Support analysis and development of strategies, methods, and other fraud- related projects

• Establish mechanisms to manage and mitigate fraud risks for all portfolios.

• Ensure data completeness, accuracy, and uniformity through cleaning and validation

Posting End Date:
*Job posting may come down early due to volume of applicants.
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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.