Credit Risk Specialist

About this role:

Wells Fargo is seeking a Credit Risk Specialist in Credit Risk as part of Corporate Risk. Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will:

• Provide an independent and thorough examination of credit decisions, providing credible challenge to credit decisions, policies, and strategies.
• Collaborate with business partners to drive recommendations for change or corrective action, research outcomes of credit decision reviews and engage in vetting process.
• Provide leadership, guidance and subject matter expertise to peers, business partners and Consumer Credit Strategy and Evaluation (CCSE) management.
• Escalate issues identified within account reviews for proper evaluation and vetting.
• May lead quality reviews, which involves obtaining review data, developing test scripts, analyzing review scope, prioritizing work, and assigning reviews to peers.

Required Qualifications, US:

• 2 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 and written communication skills and interpersonal communication skills.
• Knowledge of Home Lending collections and/or default servicing credit policies.
• Strong analytical skills with high attention to detail and accuracy.
• Knowledge of default servicing underwriting systems within Wells Fargo – Mortgage Servicing Platform (MSP)/Fidelity, Enterprise Collections and Recovery (ECAR, Early Resolution, etc…
• Judgmental Quality Review experience.
• Experience reviewing real estate loan underwriting decisions, preferably within Home Preservation Underwriting.
• Strong understanding of income analysis including self-employment cash flow.
• Post retention experience i.e. liquidation, debt settlement, short sales, loss mitigation workout settlement.
• Leadership skills including coaching, training, and mentoring.
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important to drive change.
• Strong organizational, multi-tasking, and prioritizing skills.
• Ability to work in a fast-paced, deadline-driven environment.

Job Locations:

• 800 S. Jordan Creek Pkwy, West Des Moines, Iowa
• 401 S. Tryon Street - Charlotte, North Carolina

Job Expectations:

• Ability to work at one of the approved locations in the job posting.
• This position offers a hybrid work schedule.

Posting End Date: 

*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.