About this role:Wells Fargo is seeking a Senior Lead Risk Analytics Consultant to become a member of the Corporate Risk group's Credit Risk line of business. This team improves risk strategies in multiple areas (credit line management, authorizations, etc.) by performing various complex activities related to business analysis, solving business problems, and impacting the bottom line by proposing and implementing data-driven actions.The Credit Risk team is responsible for leading, developing and implementing strategic initiatives and processes to drive the company's credit culture, risk appetite, and business performance. Also, the team provides analytical support on consumer and business credit, operating losses and other product strategies to ensure company goals are met; segments and monitors various credit, deposit and other product groups, vintages, etc and makes recommendations to management based on observed trends; produces performance monitoring and benchmarks regarding growth, mix, delinquency, losses and overall credit performance; coordinates production of monthly, quarterly, and annual performance reports for senior management; reviews and analyzes trends in current population distributions and recommending strategies; works with business partners to provide analytic solutions and develops strategies to support or negate change recommendations.In this role, you will:
Provide vision, direction, and expertise to experienced leadership on implementing innovative and significant business solutions that are large-scale, companywide strategies
Partner with Risk, Finance and Business partners to develop a consistent and well supported Bottoms Up Risk Appetite
Align policies, procedures, metrics and reviews to incorporate Bottoms Up Risk Appetite
Advise senior leadership on the status of Bottoms Up Risk Appetite, provide recommendations on important decisions and gain consensus on how to proceed
Review and challenge analysis supporting Bottoms Up Risk Appetite and partner with modeling teams on required model changes supporting the program
Lead with strong credit risk culture to resolve highly complex and unique challenges requiring strategic, advanced analytical and inductive thinking
Create and coordinate analysis to support high-priority time-sensitive executive level requests
Advise senior leadership to develop and implement strategies, programs and policies with a direct and significant impact on credit risk appetite and organizational goals
Engage and develop strong relationships with key stakeholders, fostering open communication and collaboration
Stay informed of industry trends, regulatory changes, and emerging risks in credit management to proactively recommend adjustments to policies and procedures
Be an impactful team representative in senior leadership forums
Lead projects, teams, and mentor
Required Qualifications, US:
7+ years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Advanced degree in quantitative discipline such as economics, statistics, or operations research.
Experience developing a Bottoms Up Risk Appetite framework for a major financial institution.
Ability to manage large cross-functional projects with multiple stakeholders.
Strong Risk background and credit risk management experience in one or more of the following businesses: Credit Card, Personal Loans, Home Lending, Auto, Small Business Banking and/or Deposits.
Strong verbal and written communication skills.
Advanced MS Office Suite product skills to include (MS Excel, MS PowerPoint, MS Outlook, MS Word, etc).
Strong analytical and quantitative skills.
Ability to gather, analyze, package, and present analytical findings in an insightful and logical manner.
Experience communicating and presenting complex information to multiple levels of the organization including senior executive-level leaders.
Previous experience with credit risk strategy development and monitoring portfolios and trends in the financial service industry.
Attention to detail, collaboration, and problem-solving skills.
Posting Locations:
401 S. Tryon Street - Charlotte, North Carolina
600 Wells Fargo - Minneapolis, Minnesota
7001 Westown Parkway - West Des Moines, Iowa
1445 Ross Avenue - Dallas, Texas
114 N. Beaumont Street - Saint Louis, Missouri
1150 W. Washington - Tempe, Arizona
Job Expectations:
Ability to work at one of the approved locations in the job posting.
This position offers a hybrid work schedule.
Posting End Date:18 Feb 2024Job 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.Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.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.Company: WELLS FARGO BANKReq Number: R-339476-2Updated: Wed Feb 07 00:00:00 UTC 2024Location: DALLAS,Texas
