Lead Credit Risk Officer (#000227)

Wells Fargo Bank • Des Moines, IA

4d • Hybrid

About The Position

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.

Requirements

• Master's degree in Statistics, Mathematics, Economics, or a related quantitative field.
• 2 years of experience in the job offered or related credit risk role. Experience 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;
• Experience in analyzing data from multiple large data sources to develop and implement business strategies.

Responsibilities

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior