Vice President, MFG Client Due Diligence, CCRADD

Wells Fargo Bank • Charlotte, NC

5d • Onsite

About The Position

Wells Fargo is seeking a Client Due Diligence Analyst to join the Consumer Compliance Risk Assessment & Due Diligence (CCRADD) team. This role is responsible for performing periodic, primarily on-site due diligence reviews of Wells Fargo lending clients and supporting due diligence reviews of prospective clients. The role evaluates operational, financial, regulatory, and reputational risks associated with mortgage origination, mortgage servicing, single-family rental, business‑purpose lending, builder and ground‑up construction lending, and specialty consumer finance platforms, and reports findings to the CCRADD team and related stakeholders. The Analyst supports credit decisioning, renewals, and portfolio monitoring by assessing client compliance with operating and financial covenants, evaluating the quality, integrity, and performance of mortgage‑related collateral and receivables, and identifying risk trends that may impact client performance, liquidity, or credit posture.

Requirements

• 5+ years of Client Due Diligence, consumer finance, operational risk, or audit/financial management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

• Experience in client due diligence, mortgage credit analysis, servicing oversight, audit, compliance, or risk management
• Working knowledge of mortgage origination, mortgage servicing, SFR, business‑purpose lending, and/or construction lending preferred
• Strong analytical skills with the ability to evaluate mortgage business processes, operational controls, financials and risk exposure
• Ability and willingness to conduct on‑site client reviews, including travel
• Strong written and verbal communication skills, with experience preparing professional, risk‑based reports
• Ability to work independently, exercise sound judgment, and escalate issues appropriately
• Bachelor’s degree or equivalent relevant professional experience

Responsibilities

• Perform periodic on-site due diligence reviews of existing mortgage and specialty lending clients in accordance with established CCRADD procedures, review schedules, and risk frameworks
• Participate in on-site and remote due diligence reviews of prospective mortgage originators, servicers, SFR operators, BPL lenders, and builder construction lenders, including pre‑review planning, execution, and reporting
• Tailor review scope based on client business model, loan products, servicing profile, collateral composition, and credit exposure
• Assess mortgage origination practices, including underwriting standards, credit policies, appraisal processes, quality control frameworks, and exception management
• Evaluate compliance with applicable regulatory and investor requirements (e.g., consumer protection, licensing, servicing transfer readiness, and loan documentation standards)
• Review loan production pipelines, funding mechanics, repurchase exposure, and early payment default trends
• Evaluate mortgage servicing operations, including payment processing, escrow administration, default management, loss mitigation, foreclosure workflows, and servicing transfers
• Assess servicing controls related to data integrity, loan boarding, investor reporting, custodial relationships, and servicing advance management
• Review portfolio performance metrics, delinquency trends, modification activity, and servicing compliance practices
• Evaluate the quality, eligibility, and performance of collateral and receivables supporting Wells Fargo credit facilities
• Test controls around collateral reporting, loan‑level data accuracy, eligibility determinations, and compliance with financing agreements
• Review advance formulas, concentration limits, ineligibility tracking, and collateral reconciliation processes
• Assess single‑family rental Specialty Lending Focus (SFR) platforms, including acquisition strategies, property management oversight, rent collection processes, and valuation controls
• Review business‑purpose lending (BPL) programs, including borrower underwriting, collateral evaluation, DSCR methodologies, and covenant compliance
• Evaluate builder and ground‑up construction loan portfolios, including draw controls, inspection processes, cost‑to‑complete tracking, and interest reserve management
• Identify emerging risk trends, control gaps, covenant breaches, or performance concerns that may warrant escalation, enhanced monitoring, or follow‑up reviews
• Complete and document testing and observations using standardized CCRADD due diligence templates, workpapers, and supporting evidence
• Prepare clear, well‑supported written due diligence reports and executive summaries for CCRADD management and credit stakeholders
• Communicate findings, key observations, and risk considerations to internal stakeholders, including CCRADD leadership, relationship teams, and credit partners
• Provide recommendations to enhance due diligence methodologies, procedures, and risk coverage
• Support an annual due diligence cadence of approximately 20–25 client engagements annually, depending on complexity, product mix, servicing profile, and overall risk exposure

Benefits

• Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

What This Job Offers

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