Lead Credit Risk Officer (#000227)

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.

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

Wells Fargo Technology sets IT strategy; enhances the design, development, and operations of our systems; optimizes the Wells Fargo infrastructure footprint; provides information security; and enables continuous banking access through in-store, online, ATM, and other channels to Wells Fargo’s more than 70 million global customers.

Wells Fargo Bank N.A. seeks a Lead Credit Risk Officer in West Des Moines, IA.

Job Role and Responsibility:

Develop application approval and risk segmentation strategies for various segments, build business cases to enhance risk management, customers experience and contribute to sustainable and profitable business growth. Conduct comprehensive analyses to assure timely monitoring of strategy efficacy and accuracy, minimizing credit/operating losses and reputation/compliance risk exposure. Partner closely with product/marketing, system & technology, finance, compliance and other Card business areas to develop risk criteria and propose new strategies. Collaborate with various credit, deposit and product groups and external vendors to develop effective ways to manage new account decisions, leveraging best practices and new data/tools. Prioritize tasks based on importance and urgency and provide business case development to obtain timely approval. Manage the rollout of pilot programs and criteria changes that present risk. Create and share monitoring reporting and diagnostics on various credit, vintage, product, offer, channel, mix, delinquency, loss rate, usage/revenue and profitability performance information informing risk strategy decisions. Prepare and present project summary and insights to senior managers to get support and approval. Remote / telecommute work available, up to 2 days per week. Position required to appear in person at the location listed.  

Travel required: 0%

Required Qualifications :

Degree required: Master's degree in Statistics, Mathematics, Economics, or a related quantitative field.

Amount and type of experience required: 2 years of experience in the job offered or related credit risk role. Experience can be gained concurrently with graduate level education or coursework.

Specific skills required:

Specific skills required (can be gained concurrently with graduate level education or coursework):

•              Two (2) years of Credit Risk, Quantitative Analytics, Data Science or equivalent experience;

•              Hands on experience in business analytics and recommendations;

•              Experience in SAS and SQL data processing;

•              Knowledge and understanding of statistical analysis; and

•              Experience in analyzing data from multiple large data sources to develop and implement business strategies.

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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 Disabilities

To request a medical accommodation during the application or interview process, visit  Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells 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.