Wells Fargo Sec Banker 1 - Vice President - Subscription Finance

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At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.

The Subscription Finance (“SF”) team sits within the Asset Management vertical of CIB's Financial Institutions group, and provides capital to private equity funds and asset managers through structured credit facilities and other financing solutions.

SF is seeking a Vice President for a new role that will be responsible for the business’ risk modeling and advanced quantitative analytics needs.  More specifically, the responsibilities of this newly-created position will include (but will not be limited to):

• Leading business-specific analytics in connection with stress testing (CCAR) and requests by risk or business leadership for stress/sensitivity/scenario testing; developing, implementing, and maintaining any necessary models and/or tools in support of the foregoing.
• Ongoing development of SF’s Monte Carlo rating model (i.e., serving the Developer role for the model, leading future enhancements, maintaining the model’s development documentation, ensuring compliance with applicable policies, and engaging with stakeholders in Corporate Model Risk, CIB Model Governance, and Technology as part of the foregoing).
• Oversight and maintenance of any end-user computing tools used by the business.
• Driving the future development of cash flow and other models in connection with expanded lending and capital markets initiatives. Related work may include reverse engineering precedent transactions and studying pertinent rating agency methods and criteria.
• Supporting SF’s commitment to risk management and operational efficiency by championing continuous improvement in policies, procedures and tools employed by the business.
• Contributing to SF’s overall portfolio & risk management efforts.

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.

• 5+ years of experience in capital markets, industry experience within the specific sector of the position, or a combination of both

• Excellent verbal, written, and interpersonal communication skills
• 5+ years of credit and risk analysis experience
• Excellent verbal, written, and interpersonal communication skills
• Strong analytical skills with high attention to detail and accuracy
• Ability to synthesize complex analytical findings into executive level communications
• Knowledge of financial mathematics, such as stochastic calculus
• Ability to create complex spreadsheet based financial models
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
• Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
• Experience leading efforts with multiple stakeholder groups
• Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
• Strong organizational, multi-tasking, and prioritizing skills

• Master’s degree or higher in a quantitative field such as applied math, statistics, engineering, physics, economics, econometrics, computer sciences, or business, social and behavioral sciences with a quantitative emphasis
• Familiarity with the private equity fund finance, structured finance and/or capital markets sectors
• Knowledge of CECL, CCAR and/or IFRS-9 standards
• Knowledge and experience with development of credit risk or loss forecasting models
• Ability to code, develop models or perform analytics using Python, SAS, SQL or similar data analytics tools
• Exceptional work ethic and ability to meet meaningful deadlines with limited direction and oversight
• Ability to assess and determine when to raise concerns and escalate

NY-New York: 30 Hudson Yards - New York, NY

• All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
  
  Relevant military experience is considered for veterans and transitioning service men and women.
  Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits
 

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.