Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application.
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
As the company's second line of defense, Corporate Risk - or Independent Risk Management - provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk. Corporate Risk roles depend on a variety of skills, including: Data analysis and synthesis, root cause analysis, change management, process management & execution, risk governance, risk strategy, risk identification & assessment, risk prevention, controls & mitigation, risk monitoring, reporting & escalation, risk systems & technology.
Our Credit Risk Analytics Officer will be responsible for performing analysis to support the CECL, BLF, and CCAR loss forecasting processes for Wells Fargo Auto. They will lead the delinquency forecasting efforts for the WF Auto portfolios as well. The individual will play a large role in helping to tell the story of Well Fargo Auto. This team member may use statistical and quantitative techniques (linear and logistic regression models, decision tree/data mining tools) to identify primary drivers for delinquency/losses and to evaluate delinquencies, losses, and associated trends. The individual will develop strong thorough documentation for all of their processes and present/lead audit partner interactions surrounding their efforts. Additionally, this team member will perform ad hoc analyses as needed to respond to questions or requests from business owners, model validators or regulators.
Develop and maintain analysis for supporting the CECL/BLF and CCAR loss forecasting submissions
Partner with the Risk Modeling Group for Auto to ensure that the model execution process provides the information needed for the Loss Forecasting team to fulfill its responsibilities
Partner with modeling team to understand model structure and limitations while also creating and sharing regular reports with key stakeholders
Partner with the Collection Strategy Risk team to ensure changes to strategy are understood and reflected in the delinquency / loss forecast as appropriate
Make decisions independently based on general guidelines to improve existing processes and programs while adapting to new requirements from business partners or regulators
Conduct supportive analysis with quantitative techniques and then develop reporting as needed
Research and analyze the portfolio to understand the underlying risks and portfolio mix changes, and provide analytical insights to questions from business partners and regulators
Create and maintain proper operational documentation for recurring work to support internal and external audit
May potentially lead interaction with various audit partners
Excellent verbal, written, and interpersonal communication skills
Experience communicating and presenting complex information to multiple levels of the organization
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Ability to take initiative and work independently with minimal supervision in a structured environment
Experience in gathering, analyzing and interpreting large datasets
Strong analytical and quantitative skills
A Master's degree or higher in a quantitative discipline
Other Desired Qualifications
Consumer Lending Risk Management experience
AZ-Chandler: 2700 S Price Rd
IA-Des Moines: 206 8th St
IA-West Des Moines: 7001 Westown Pkwy
NC-Charlotte: 301 S College St
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.Relevant military experience is considered for veterans and transitioning service men and women.Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.