Economist

About this role:

Wells Fargo is seeking an Economist to join the Corporate Economics Group. This team is responsible for developing economic forecast scenarios that provide the basis for important financial planning and risk management activities within Wells Fargo and Company. The team's scenarios drive loan loss, net interest income and securities portfolio valuation changes for financial reporting and stress testing including CCAR/DFAST, CECL processes.

The successful candidate will support the researching, modeling, and forecasting of economic conditions. The Economist will perform complex economic and statistical analysis as an integral part of the scenario generation process, ensuring data quality and integrity, monitoring model performance, and building reports and presentations of model outputs. Expertise with economic models, data and topics is required.


In this role, you will:

• Evaluate the performance of macroeconomic models
• Compile, present, and analyze economic and financial data
• Assess new developments in national and international economic trends
• Provide thought leadership on timely economic and financial issues of importance to the organization
• Develop and implement econometric models for forecasting purposes
• Communicate complex economic and financial concepts to audiences with a broad range of technical sophistication

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

• A Master's degree or higher in economics or related quantitative field
• Demonstrated experience with macroeconomic analysis, specifically banking, consulting or government agency experience (Fed, Treasury, BEA, BLS, CBO, IMF)
• Experience utilizing analytical methods used in: statistical analysis, modeling, and forecasting
• Proficiency with statistical software (i.e. Eviews, Python, R, etc.)
• Experience ensuring compliance with all internal policies and regulatory requirements
• Experience with banking forecasting processes for CCAR/DFAST & CECL analysis.
• Ability to synthesize complex analytical findings into executive level communications
• Project management experience
• Experience in writing detail oriented reports

• Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process .

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement