Treasury Analyst (BSIRRM - Product Strategy and Analytics)

About this role:

Wells Fargo is seeking a Treasury Analyst to join the BSIRRM product strategy and analytics team. This position will work in partnership with line of business finance teams to complete balance sheet and Net Interest Income (NII) forecast for the assigned products.

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.

Balance Sheet and 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.  Team members oversee the IRR simulation models, provide management with insight concerning changes that they see in the risk profile, and contribute to the generation of risk management strategies.

In this role, you will:

• Monitor and evaluate global market conditions, asset liability and liquidity risk management

• Understand the balance sheet and net interest income models used within BSIRRM including specific aspects related to commercial loans and trading portfolios

• Analyze the interest rate risk associated with the commercial lending and trading activities

• Compile reports pertaining to model analytics and performance metrics

• Identify and recommend opportunities for process and model improvement and risk control development

• Support the BSIRRM team with model management and product strategy efforts

• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

• Collaborate with Internal Audit, Corporate Risk Management and Model Governance teams

• Make decisions and resolve issues to meet business objectives

• Interpret policies, procedures, and compliance requirements

• Interact with internal customers

• Plan and set policies and guidelines for managing global treasury activities including funding, liquidity risk management, asset and liability management, capital management, financial performance management, and related activities

• Provide overall advisory on treasury finance risk

Required Qualifications:

• 2+ years of Treasury experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Knowledge and understanding of financial analysis, forecasting, and analyzing interest income and balance sheet behavior
• Knowledge of financial institution balance sheet, product offerings, and financial risk management
• Understanding of asset liability management and interest rate risk management concepts
• Ability to effectively communicate to a broad range of audiences
• Ability to work in a team-based environment, prioritize tasks, learn quickly, provide superior customer service, and take on new challenges
• Experience with financial models especially in areas of documentation and governance
• Demonstrated effective verbal, written, and interpersonal communication skills.
• Knowledge and understanding of database querying and creating ad hoc reporting results using SQL, PowerBI, Alteryx, or similar querying methods or tools

Posting End Date: 

9 Jan 2025

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender exp