Economist

Wells Fargo
Washington DC - United States
S: Competitive

Job Description

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.

The Wells Fargo Corporate Economics Group, a Washington DC-based team of 9 professionals responsible for developing economic forecast scenarios that provides 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.

We are seeking a strong Economist to join this dynamic team. As an Economist for the Wells Fargo Corporate Economics Group, the successful candidate will be responsible for researching, modeling and forecasting metrics vital to the commercial real estate industry. The Economist will perform complex economic and statistical analysis and prepare reports and presentations for executives and senior level management. Specifically, the Economist would be expected to construct econometric models for forecasting purposes and draw inferences about alternative economic conditions in terms of their implication for demand, supply, vacancy and prices. A familiarity with international economics, models, data and topics is required.

The position is very team-oriented and will require extensive interaction with other economists and banking professionals engaged in analysis, forecasting and risk management purposes. Though directly reporting to the Corporate Economist, the successful candidate will operate with considerable independence. Travel requirements are negligible.

Excellent analytic skills are required and experience with statistical software, such as Eviews, would be looked upon favorably. Strong communication and project management skills are required.


Required Qualifications
5+ years of economics experience

Other Desired Qualifications
A Master's degree or higher in a quantitative discipline
Ability to present technical concepts to senior leaders
Knowledge and understanding of analytical methods used in: statistical analysis, modeling, and forecasting
Proficiency with statistical software (i.e. Eviews, RATS, R, Excel, etc.)
PhD is preferred

Job summary