About Company
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide banking, investment, mortgage, and consumer and commercial finance products and services through our four operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Our approximately 249,000 team members serve clients in all 50 states, the District of Columbia, and Puerto Rico, as well as in more than 30 countries and territories. In 2023, Wells Fargo was named one of America’s most responsible companies by Newsweek and Statista, and one of the most powerful brands in the world by Brand Finance. Our company is built on a foundation of strong risk management practices and a commitment to protecting our customers and the broader financial system. Joining Wells Fargo means becoming part of a team dedicated to integrity, innovation, and client success.
Job Description
We are seeking a highly motivated and detail-oriented Risk Analyst to join our dynamic team in Lakewood, Colorado. This is an immediate start opportunity for a professional eager to make a significant impact within one of the world’s leading financial institutions. As a Risk Analyst at Wells Fargo, you will play a crucial role in identifying, assessing, and mitigating various financial and operational risks across our diverse business units. You will be responsible for analyzing complex data, developing risk models, and providing actionable insights to senior management, ensuring compliance with internal policies and external regulations. The ideal candidate will possess a strong analytical mindset, excellent communication skills, and a solid understanding of financial markets and risk management principles. This role offers a unique chance to grow your career within a supportive and challenging environment, contributing directly to the stability and success of Wells Fargo. We are looking for someone who thrives in a fast-paced environment and is committed to upholding the highest standards of financial integrity. Your contributions will directly influence strategic decisions and help safeguard our assets and reputation. If you are passionate about risk management and ready to contribute from day one, we encourage you to apply.
Key Responsibilities
- Conduct comprehensive risk assessments, including operational, credit, market, and compliance risks.
- Develop, implement, and maintain risk models and methodologies to quantify potential exposures.
- Analyze large datasets to identify trends, anomalies, and potential risk indicators.
- Prepare detailed risk reports and presentations for senior management and relevant stakeholders.
- Monitor adherence to internal risk policies, procedures, and external regulatory requirements (e.g., Basel, Dodd-Frank).
- Collaborate with various business units to understand their operations and integrate risk management practices effectively.
- Assist in the development and execution of stress testing scenarios and capital adequacy assessments.
- Participate in cross-functional projects aimed at enhancing the firm's overall risk infrastructure.
- Stay abreast of industry best practices, emerging risks, and regulatory changes within the financial sector.
Required Skills
- Bachelor's degree in Finance, Economics, Statistics, Business Administration, or a related quantitative field.
- 3+ years of experience in risk management, financial analysis, or a related analytical role, preferably within financial services.
- Proven analytical and problem-solving skills with the ability to interpret complex data.
- Strong proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUP, financial modeling).
- Excellent written and verbal communication skills, with the ability to articulate complex risk concepts clearly.
- Understanding of financial products, markets, and regulatory frameworks.
- Ability to work independently and collaboratively in a fast-paced team environment.
Preferred Qualifications
- Master’s degree or professional certifications such as FRM, CFA, or PRM.
- Experience with risk management software and tools (e.g., SQL, Python, R, SAS for data analysis).
- Knowledge of GRC (Governance, Risk, and Compliance) platforms.
- Experience with regulatory reporting requirements.
- Previous experience with a large financial institution.
Perks & Benefits
- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision insurance plans.
- 401(k) retirement plan with company match.
- Paid time off, including vacation, sick leave, and holidays.
- Life and disability insurance.
- Employee assistance program.
- Tuition reimbursement and professional development opportunities.
- Wellness programs and resources.
- Employee discounts on various products and services.
How to Apply
Interested candidates are encouraged to click on the application link below to submit their resume and cover letter directly through the Wells Fargo careers portal. Please ensure your application highlights your relevant experience and qualifications for this immediate start Risk Analyst position.