A Risk Analytics Consultant analyzes facts to discover and mitigate monetary, operational, and strategic dangers for organizations. Responsibilities include developing predictive models, carrying out hazard tests, and presenting actionable insights to improve selection-making. Strong analytical abilties, scalability in statistical software programs, and knowledge of threat control are crucial for this position.
- Job Role: Risk Analytics Consultant
- Salary: ₹24.5L–₹30.4L per year
- Location: Bengaluru, Karnataka
- Company: Wells Fargo
- Job Type: Full-time
About Company:
Wells Fargo is an assorted financial services corporation founded in San Francisco, California. It presents banking, coverage, investments, mortgage, and purchaser and commercial finance through greater than 7,000 locations, thirteen,000 ATMs, and online, and cellular devices. With over 250,000 group participants, Wells Fargo serves one in three households inside the United States and ranks as one of the largest banks globally utilizing market capitalization.
Role Overview:
Wells Fargo is seeking a Risk Analytics Consultant in Bengaluru, Karnataka. This complete-time role includes collaborating in analysis and modeling initiatives, enhancing tactics, and dealing with statistics reconciliation. Key duties encompass developing statistical fashions, producing performance reports, and resolving database issues. Required qualifications consist of 4+ years of enjoy in Risk Analytics and scalability in Python, Hadoop, Spark, and cloud environments. Wells Fargo values diversity and inclusion within the workplace.
Roles and Obligations Of Risk Analytics Consultant:
Data Analysis and Modeling:
Utilizing statistical techniques and predictive analytics to evaluate and version risks based on facts units. This entails figuring out styles, tendencies, and correlations to make informed decisions.
Risk Assessment and Mitigation:
Evaluating capability dangers inside economic, operational, or regulatory contexts. Developing techniques and frameworks to mitigate risks via state of affairs analysis and strain checking out.
Reporting and Presentation:
Creating reviews and displays that speak complicated analytical findings to stakeholders. This includes translating technical insights into actionable hints for commercial enterprise leaders.
Client Advisory:
Providing professional advice to customers on chance management techniques and answers. This may additionally consist of accomplishing threat workshops, education sessions, and participating closely with consumer groups.
Continuous Improvement:
Staying updated with industry traits, regulatory changes, and technological improvements in risk analytics. Implementing best practices and refining analytical fashions to enhance accuracy and effectiveness.
Qualification:
A Risk Analytics Consultant typically requires expertise in statistical analysis, risk modeling, financial markets, and proficiency in tools like SAS, R, or Python. Strong communication skills and a background in finance or economics are often preferred.
Experience: 4+ years of experience in Risk Analytics or equivalent demonstrated through work experience, training, military experience, or education.
Skills Required For Risk Analytics Consultant:
Quantitative Analysis:
Proficiency in statistical analysis, statistics modeling, and quantitative techniques is crucial. This consists of the usage of equipment like R, Python, or SAS for information manipulation, regression evaluation, and predictive modeling to evaluate and forecast dangers.
Risk Management Frameworks:
Knowledge of change management frameworks which include COSO or ISO 31000 is vital. Understanding a way to observe these frameworks to perceive, assess, and prioritize risks allows in growing effective risk mitigation strategies.
Data Visualization:
Ability to efficiently communicate complicated risk evaluation findings via statistics visualization gear like Tableau or Power BI. This skill enables clean and insightful reporting to stakeholders and choice-makers.
Domain Expertise:
Deep knowledge of the industry-unique risks and rules. For instance, in finance, understanding Basel III necessities, or in healthcare, HIPAA guidelines are critical for correct threat evaluation.
Communication and Stakeholder Management:
Strong interpersonal competencies to collaborate with diverse groups and stakeholders, which includes executives. Clear communication of threat implications and guidelines is crucial for knowledgeable choice-making.
Why Wells Fargo?
Industry Leader: Wells Fargo is a main monetary organization with a strong reputation, presenting huge career growth and improvement possibilities.
Innovative Environment: Engage in modern-day hazard analytics, contributing to advanced monetary answers and strategies.
Impactful Work: Play a vital function in figuring out and mitigating risks, making sure the bank’s balance and compliance.
Professional Development: Access to tremendous education packages and resources to enhance skills and understanding.
Collaborative Culture: Work inside a supportive and diverse crew, fostering a subculture of innovation and non-stop improvement.
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