About this role:Wells Fargo is seeking a Lead Credit Risk Officer in Consumer Credit Risk as part of Corporate Risk to provide senior credit officers and various other business partners with insights in a proactive and forward-looking in-depth analysis.
Consumer Credit is the independent risk management team responsible for providing credit oversight and credible challenge for Wells Fargo's retail/consumer businesses.
In this role, you will:- Identify and resolve policy and process gaps by incorporating root cause analysis, control design assessment, and strategic thinking
- Partner with key stakeholders to develop and implement policy and process enhancements by building consensus, challenging partners when necessary, and driving for timely completion of deliverables
- Manage time sensitive, critical enterprise or credit risk initiatives in an organized and independent manner while receiving direction from leaders
- Lead moderately complex initiatives and identify opportunity for risk mitigation strategies within Credit Risk
- Review and analyze moderately complex processes and projects, business, operational, or technical challenges that require an in-depth evaluation of variable factors
- Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
- Review and analyze complex strategies, programs and policies with a direct and significant impact on credit risk appetite and culture
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
- Work in partnership with business for oversight of risk management
- Establish priorities and drive accountability for assigned initiatives, providing leadership to ensure solutions are designed, integrated and controlled to optimize effectiveness, account for all aspects of risk exposure, and create efficiencies as appropriate
Required Qualifications, US:- 5+ years of Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:- Strong control management, project management and/or process development experience
- Policy and/or procedure management experience
- Experience with RCSA preferred
- Ability to work independently and execute in a fast paced, rapidly changing, environment while balancing multiple priorities
- Ability to apply strategic thinking and thought leadership to initiatives and ensure timely completion of objectives
- Ability to communicate issues, risks, and proposed solutions effectively and succinctly, in both written and verbal formats, with senior leaders
- Ability to work and influence successfully within a matrix environment by establishing and maintaining effective working relationships with all levels of the organization
- Problem solving and analytical skills with proven ability to turn findings into executable plans
- Proven ability to lead in a highly matrixed environment across all organizational levels, challenging senior leadership where needed to influence decision making
- Strong risk background and broad familiarity with regulation and risk requirements
- Experience communicating and presenting complex information to multiple levels of the organization including senior executive-level leaders
- Excellent verbal, written, and interpersonal communication skills
Posting Locations:- 401 S. Tryon Street - Charlotte, North Carolina
- 600 S. 4th Street - Minneapolis, Minnesota
- 1445 Ross Ave - Dallas, Texas
- 114 N Beaumont St Bldg D - Saint Louis, Missouri
- 800 S. Jordan Creek Pkwy - West Des Moines, Iowa
- 1150 W Washington - Tempe, Arizona
Job Expectations:- Preferred locations listed above
- This position currently offers a hybrid work schedule
Pay RangeReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$111,100.00 - $197,500.00
Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- 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
Posting End Date:29 Dec 2024
* Job posting may come down early due to volume of applicants. We Value DiversityAt Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells 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.
