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.

About this role

Wells Fargo is seeking talent to join the Corporate Risk Externship Program. Learn more about the career areas and lines of business at wellsfargojobs.com.

Program Overview

Corporate Risk’s externship program is a professional development program that will offer you the chance to discover the world of Corporate Risk at Wells Fargo while enrolled as a full-time student. As an externship participant, you will have the opportunity to learn about the Wells Fargo enterprise, but more specifically work directly within Corporate Risk. We are seeking master’s level students who are focused on pursuing a career in quantitative and data analytics.

Placement group includes:

• Model Risk Management (MRM) –Ensures the accuracy and reliability of models used across the company.

• Risk Modeling Group (RMG) –Develops models used for credit forecasting and decisioning, pre-provision net revenue, compliance, and operational risk.

• Independent Testing & Validation (IT&V) –Evaluates the effectiveness of controls and risk management activities. Supports testing engagements through data acquisition, data validation, anomaly detection, code/logic review, analysis, and research.

Responsibilities may include:

• Using Python, R, C++, SAS, SQL or other programming languages as well as mathematical/statistical packages for model development and validation

• Performing mathematical model development and validation (risk assessment) under the direction of experienced team members

• Producing required documentation to evidence model development or validation

• Understanding business needs and providing possible solutions through clear verbal and written communications to management and fellow team members

• Participating in model risk projects for varying purposes, methods, and relevant lines of business

• Staying current with bank regulatory framework and developments

• Bringing closure to issues, questions, and requests

• Collaborating as a member of a team to solve problems that arise

• Presenting solutions effectively to a variety of audiences

Externship Length: October 2024 - March 2025; 20 hours a week while enrolled in master’s degree program in Data Science and Business Analytics

Location: Charlotte, NC

Required:

· 6+ months of work experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Preferred qualifications:

• Enrolled in master’s degree program with an expected graduation date in 2025 or later in Data Science and Business Analytics

• Completed undergraduate degree in Statistics, Computer Science, Economics/Econometrics, Operations Research, Computer Science, Engineering, or a related quantitative field

• Courses in model risk management, text mining and/or information retrieval highly preferred

• Experience and ability to demonstrated first-hand knowledge in several of these areas: data analytics, modeling, statistical inference, computing, big data analytics, Artificial Intelligence (machine learning, natural language processing, etc.)

• Knowledge of Programing skills and demonstrated ability to develop numerical algorithms in at least one of the following languages: Python, SAS, SQL, R, Scala/Spark, Java, and C/C++

• Strong verbal and written communication skills as well as interpersonal skills

• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

• Ability to develop partnerships and collaborate with other business and functional areas

Wells Fargo will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from Wells Fargo now or in the future to retain their authorization to work in the United States.

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.

Posting End Date:

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

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.