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. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.
Credit & Market Risk (CMR) is responsible for independently overseeing the management of credit risk exposures (including monitoring and reporting on aggregate credit exposures across groups, legal entities, and geographies) and the quality of credit risk management practices across the company. This oversight extends to all phases of a loan's lifecycle -- including origination, underwriting, risk analysis, approval, documentation, boarding, monitoring, loss recognition, modification, and collection activities. Credit & Market Risk is responsible for delegating and/or removing credit and investment approval authorities to the lines of business.
The CMR organization is seeing an experienced individual for the Credit Portfolio Cons – Credit Risk Originations opportunity. The successful candidate will join an energetic auto loan credit risk team, strengthening the foundations of our analysis, and helping Wells transform how it delivers for our customers, partners and shareholders. You will be a key agent of change, and an authoritative voice driving us forward to great solutions.
Primary responsibility will be to provide accurate, forward-looking credit loss assessments to be used at loan origination for setting interest rates. The team member will provide risk advice and assistance to pricing strategy, and will also assist with loss impact assessments of credit policy initiatives.
The team member will write compelling proposals on how to improve our estimates, and will ensure orderly review and approval. The team member will build strong working relationships across teams so as to understand their requirements (legal, compliance, operational risk), and/or leverage their findings about loss patterns (originations, collections, portfolio loss forecasting teams). The team member will actively track developments in the auto finance industry that impact losses. This team member will work closely with modeling partners, and will be the primary auto credit risk member responsible for oversight of acquisition loss-assessment models.
Key responsibilities will include, but not be limited to, the following:
Qualified candidates within major Wells Fargo locations will be considered.
Other Desired Qualifications