Senior Credit Risk Specialist

About this role: Wells Fargo is seeking a Senior Credit Risk Specialist to be part of Wells Fargo's second line of defense and Independent Risk Management team, covers jobs which lead the design and management of a highly targeted independent credit review (oversight) capability to assess the quality of lending and ongoing management of credit risk within the Bank, including adherence to risk appetite, credit policy and regulation. In this role, you will: Contribute to credit performance, potential or emerging risks. Identify and resolve process gaps by incorporating root cause analysis, control design assessment, and strategic thinking. Develop and maintain Credit Risk systems to support the ongoing oversight needs of the Consumer Credit Risk organization. Partner with key stakeholders across the organization to build consensus, challenge partners when necessary, and drive for timely completion of requirements. Manage time-sensitive, critical enterprise or credit risk initiatives in an organized and independent manner. Lead moderately complex initiatives and identify opportunity for risk mitigation strategies within Credit Risk. Review and analyze moderately complex processes and projects, business, operational, or technical challenges that require an in-depth evaluation of variable factors. Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements. Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals. Required Qualifications: 4 years of Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education. Desired Qualifications: Excellent verbal, written, and interpersonal communication skills. Experience utilizing various systems and provide operational and strategic insight to support to the organization’s systems needs on ongoing basis. Ability to work independently and execute in a fast-paced, high-demand, environment while balancing multiple priorities. Ability to apply strategic thinking and thought leadership to initiatives and ensure timely completion of objectives. Ability to communicate issues, risks, and proposed solutions effectively and succinctly, in both written and verbal formats, with senior leaders. Ability to work and influence successfully within a matrix environment by establishing and maintaining effective working relationships with all levels of the organization. Problem solving and analytical skills with proven ability to turn findings into executable plans. Proficiency in MS Office Suite product skills to include (MS Excel, MS PowerPoint, MS Outlook, MS Word, etc…). Experience with maintenance and development of systems such as SharePoint, RMATT, ACES, MCP, or CAAMS. Consumer lending operations exposure. Experience in successfully escalating complex issues and tracking follow-through to completion. Experience in conducting credit risk analytics, gap assessments, and Risk Control Self Assessments. Knowledge and understanding of underwriting and use of delegated credit authority. Experience with credit risk testing policy and procedures/control testing. Locations: 2700 S. Price Road - Chandler, Arizona 401 S. Tryon Street - Charlotte, North Carolina 800 S. Jordan Creek Parkway, West Des Moines, Iowa Job Expectations: Ability to work at one of the approved locations in the job posting. This position offers a hybrid schedule. Posting End Date: 23 Apr 2024 *Job posting may come down early due to volume of applicants. We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements. Candidates applying to job openings posted in US: 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. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. Applicants with Disabilities To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo. Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo For questions on how to search and apply, visit our frequently asked questions.