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 environment or the Company's operations. Treasury also provides regulators, senior leaders, and the Board of Directors with key information to support risk management, financial performance management, and strategic planning.
The Balance Sheet & Interest Rate Risk (BSIRRM) Group performs quantitative analysis of the balance sheet behavior and has primary responsibility to measure interest rate risk (IRR) and design corresponding risk mitigation strategies, as well as completing and reporting on consolidated balance sheet and net interest income (NII) forecasts. Team members oversee Forecasting and IRR simulation models, provide management with insight concerning changes in balance sheet trends and IRR profile, and contribute to the generation of risk management strategies.
In this role, you will:
Lead and manage a team responsible for development and management of deposits balance forecasting, attrition and rate repricing models in Balance Sheet management (ALM)
Communicate design and results of complex models to diverse audience, including senior management, bank supervisors, Model Risk Management (MRM), Financial Risk Management (FRM), and Internal Audit
Manage adherence to model validation governance ensuring models are in compliance with respective policies and performance standards
Drive a streamlined, scalable, and aligned operational risk framework that supports strategic priorities
Support high-impact strategic projects and initiatives, ensuring timely delivery of results that align with BSIRRM’s business objectives
Monitor and report on progress, risks, and issues, providing regular updates to senior leadership and other stakeholders
Collaborate with BSIRRM leader and management team to define and execute critical and strategic initiatives. Track progress against key objectives and ensure alignment across department
Required Qualifications:
8+ years of Quantitative Analytical experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
4+ years of management or leadership experience
Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, accounting, finance, economics, or computer science
Desired Qualifications:
PhD in a quantitative discipline
Experience with Deposit modeling, Asset Liability Management, Funds Transfer Pricing, Stress Testing, and Forecast/Planning
Knowledge of programming in Python, SAS, R, and SQL
Experience with modeling techniques such as regularization (e.g. LASSO), Error-correction models, ARIMA, discrete-time survival models, and Panel regressions
Experience with regulatory requirements surrounding the management of model risk, interest rate risk, liquidity, and capital
Knowledge of financial institution balance sheet, product offerings, and financial risk management
Familiarity with concepts behind money supply and demand, as well as understanding of interest rate and yields curve models
Proven track record of leading complex projects and driving organizational change
Excellent leadership, communication, and interpersonal skills.
Ability to work effectively with cross-functional teams and manage multiple priorities
Ability to thrive in a fast-paced, dynamic environment
Ability to build relationships with key stakeholders at all levels of the organization
High EQ and comfortable influencing all levels of the organization
High level of integrity and professionalism
Posting End Date:
24 Mar 2026*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. 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.
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 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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.