Senior Credit Risk Specialist | Transaction Risk Management

Wells Fargo & Company•Concord, CA

1d•$100,000 - $196,000•Hybrid

About The Position

The Senior Credit Risk Specialist (P3) is an individual contributor on the Transaction Risk team responsible for developing, implementing, monitoring, and optimizing data-driven strategies for real-time transaction decisioning. The role uses data, analytics, and quantitative techniques to manage risk across millions of transactions each month while balancing customer experience, fraud prevention, and business objectives. The position combines quantitative analysis, risk strategy execution, and technical problem-solving to improve decision quality and portfolio performance. The specialist uses large datasets, analytical tools, automation, and emerging AI/ML capabilities to identify risks, monitor strategy performance, and support business objectives. The role also contributes to modernization of transaction risk capabilities through cloud transformation initiatives, enhanced analytics, and evolving decisioning technologies. The position follows a hybrid work model, requiring work from a Wells Fargo facility at least four days per week, with the flexibility to work remotely one day per week. Approved locations are in Concord and San Francisco, California; Minneapolis, Minnesota; Irving, Texas; Charlotte, North Carolina; Saint Louis, Missouri; Tempe, Arizona; and West Des Moines, Iowa. Visa sponsorship and relocation assistance are not available. The listed base pay range is $100,000 to $196,000, and employees may also be eligible for incentive opportunities.

Requirements

At least 4 years of Credit Risk experience, or equivalent demonstrated through work experience, training, military experience, or education.

Nice To Haves

At least 3 years of experience applying analytical techniques, statistical analysis, anomaly detection, modeling, and risk reporting in a financial services environment.
At least 3 years of experience using SQL, SAS, Python, R, or similar data management and analytics tools.
Familiarity with GitHub, VS Code, GCP, or cloud-based analytical platforms.
Experience supporting the development, implementation, monitoring, or maintenance of risk strategies, predictive models, or analytical decisioning solutions.
Experience working with large and complex datasets and translating analytical findings into actionable business insights.
Familiarity with Model Risk Management (MRM), model governance, or comparable risk management frameworks.
Knowledge of transaction risk, fraud risk, customer decisioning, portfolio management, or risk optimization concepts.
Strong written and verbal communication skills, including the ability to explain analytical concepts to technical and non-technical audiences.
Experience supporting automation, process improvement, and analytical modernization efforts.

Responsibilities

Develop, implement, and optimize transaction risk strategies to improve decision quality, portfolio performance, and customer outcomes.
Analyze transaction, customer, and portfolio data to identify emerging risks, monitor strategy performance, conduct root-cause and risk analyses, evaluate data sources and analytical approaches, and recommend improvements.
Develop and maintain analytical solutions using SAS, SQL, Python, R, or other tools to support risk decisioning, monitoring, and operational efficiency.
Collaborate with business, technology, model governance, and control teams to implement and maintain risk strategies.
Document analysis, assumptions, methodologies, and results in accordance with governance and control requirements.
Contribute to initiatives supporting transaction risk strategy, decisioning performance, and customer outcomes.
Apply quantitative analysis and sound judgment to solve business problems and support risk-based decision making.
Support risk capability enhancements through analytics, automation, data innovation, and platform modernization.
Communicate analytical findings and recommendations to managers and business stakeholders.
Partner with business teams, Model Governance, Audit, Legal, Compliance, and other stakeholders to support effective risk management and strategy execution.
Follow applicable Wells Fargo policies and procedures and fulfill risk and compliance obligations, including proactive monitoring, risk identification, escalation, and remediation.