2024-2025 Corporate Risk Externship Program (Master's) - Early Careers

at  Wells Fargo

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.

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

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

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

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.

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 audience