About This Role

Wells Fargo is seeking a Senior Quantitative Analytics Specialist to work as an AI/ML model validator with Model Risk Management Group.

In This Role, You Will

• Perform highly complex activities related to identification and quantification of model risk, test and challenge model development, implementation, and documentation
• Use highly complex statistical, machine learning or AI related theories to quantify, analyze and manage fraud risks related to business processes handled by related models
• Assess, review, and validate models predicting fraudulent activities and perform various risk management related activities along with providing insights regarding a wide array of business initiatives
• Utilize data science domain expertise and perform high quality risk management assessments based on theory and mathematics behind the data
• Manage traditional and emerging risk vectors in financial fraud space through various activities like validation, monitoring, and identification of risks related to model development
• Participate in the discussion related to analytical strategies, fraud prevention modeling, and the steps along model development lifecycle
• Identify structure to influence risk 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

Required Qualifications

• 4+ years of Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, economics, or computer science

Desired Qualifications

• Prior model development or model validation related exposure to Machine Learning models specifically in Fraud detection and fraud prevention space.
• Prior exposure to regulatory framework related to model risk management.
• Ability to utilize and enhance or tweak generative AI tools or Large language models for efficient handling of day-to-day activities.

Location - Bengaluru / Hyderabad

Reference Number

R-527266