Motivated by the long-time transport properties of quantum waves in weakly disordered media, the present work puts random Schrodinger operators into a new spectral perspective. Based on a stationary random version of a Floquet type fibration, we reduce the description of the quantum dynamics to a fibered family of abstract spectral perturbation problems on the underlying probability space. We state a natural resonance conjecture for these fibered operators: in contrast with periodic and quasiperiodic settings, this would entail that Bloch waves do not exist as extended states, but rather as resonant modes, and this would justify the expected exponential decay of time correlations. Although this resonance conjecture remains open, we develop new tools for spectral analysis on the probability space, and in particular we show how ideas from Malliavin calculus lead to rigorous Mourre type results: we obtain an approximate dynamical resonance result and the first spectral proof of the decay of time correlations on the kinetic timescale. This spectral approach suggests a whole new way of circumventing perturbative expansions and renormalization techniques.