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Consumer Credit Sr Associate

at Wells Fargo

Posted: 2/3/2020
Job Reference #: 15161680

Job Description

Job Description

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 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. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

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

Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk.

The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.
In this role, you will help us deliver on our vision and build lifelong relationships with our customers. You also will demonstrate leadership through contributing to a company culture that supports customers in achieving their financial goals, team members in developing their careers, and communities in continuing to thrive. As part of a team that serves one in three American households, you will play a vital role in living our commitment to the highest ethical standards and maintaining the valued trust of our customers and communities.

The Consumer Credit Risk team that supports Small Business Lending is seeking a highly motivated and experienced risk professional who loves to solve business questions; impact the bottom line of business by hands-on driven actions through systematic database solutions. Wells Fargo Small Business Lending (SBL) is the country’s leading small business lender with a full product suite to serve credit needs of small business owners. These products include lines of credit, business cards, term loans, and commercial real estate products.  SBL is a technically sophisticated, entrepreneurial organization committed to applying the most advanced mathematical and data-driven technologies, in conjunction with strong judgmental underwriting discipline and expertise to small business lending.

This Consumer Credit Senior Associate will participate in strategic portfolio risk initiatives for the commercial real estate and asset secured lending products. More specifically, you will be evaluating and sizing risk and opportunities, developing credit underwriting and risk management strategies by balancing data-driven analytics and sound credit risk judgment, and managing credit exposure risk at the product and customer level. You will work closely with partners within Risk, Product, Operations, Technology and Data Solution groups to implement new enhancements and continuously optimize portfolio risk strategies.
To be effective in this position, you will need to have a good understanding of credit from a full lifecycle perspective, a broad and strategic perspective on risk management, and a proven track record of using the results of your analysis to drive business decisions.
The main responsibilities include:
* Identify and implement account treatments that mitigate credit risk exposures
* Monitor/report various credit, vintage, product, offer, channel, mix, delinquency, loss rate and performance information informing account management and/or underwriting strategy decisions
* Strategize approach to maintain acceptable credit risk performance through the complete credit life cycle spectrum
* Perform complex analysis to assure profitable growth while minimizing credit/operating losses and other risk exposures
* Communicate effectively with business partners and management to gain consensus on proposed credit risk strategy changes
* Maintain close partnerships with Technology and Operations (underwriting & workout) teams to ensure flawless implementation of strategy changes

** Charlotte and Phoenix will be the only locations considered.

Required Qualifications

  • 4+ years of SQL or SAS experience
  • 5+ years of experience in risk role

Desired Qualifications

  • 4+ years of SAS programming experience
  • Experience developing partnerships and collaborating with other business and functional areas
  • Ability to coordinate completion of multiple tasks and meet aggressive time frames
  • Ability to identify and evaluate trends, isolate root cause, and provide swift/thorough resolution
  • 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
  • Good analytical skills including analyzing complex data
  • Good analytical skills with high attention to detail and accuracy
  • Knowledge and understanding of consumer and small business loan practices, policies, and procedures
  • Knowledge and understanding of the key factors impacting credit offerings, including credit risks and regulatory requirements

Other Desired Qualifications

* Experience putting data insight and recommendation into fine presentation and presenting to business partners and/or leadership.


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.

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!