What are the responsibilities and job description for the Senior Credit Risk Specialist - Unsecured Lending Risk position at Wells Fargo?
About this role:
Wells Fargo is seeking a Senior Credit Risk Specialist who will focus on the Balance Transfer program and mainly will be working with data, responding to ad-hoc requests, and maintaining strategy for Balance Transfers. This is a data intensive role that will have exposure to presenting analytics to leadership.
In this role, you will:
- Analysis of credit card portfolio data and strategic planning for Consumer Card Portfolio Growth and Engagement, including balance Transfer, Product Upgrade, Retention, etc. Partner with various teams and drive decisions through data analysis on various segments of cards portfolio. Develop strategies and treatment options for any exceptions and address edge cases. Conduct review, monitoring of accounts and regular MIS. Work with Execution partners implement strategy on a monthly basis. Documentation of process and execution plan.
- Quantitative analytics using programming tools (SQL, SAS, Tableau and/or Python, R) to analyze data from a variety of sources to develop portfolio and account management strategies
- Provide insights and regular updates to senior leadership regarding portfolio and ongoing program performance. Produce and review monthly, quarterly and annual strategy performance reports for senior management
- Partner with cross functional teams and internal stakeholders, including Product, Marketing, Finance, Operations, Fraud, Execution/Implementation, compliance and legal
- Maintain on-going processes and data updates to ensure data integrity, accuracy and timeliness
- Lead/support ad-hoc business analytics as needed
Required Qualifications, US:
- 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:
- Strong strategy, data/analytics and reporting experiences, SAS/SQL and/or Python/R background, and extensive experience in combining/analyzing data from multiple large data sources to develop and implement credit control strategies. Familiarity with credit card industry is a plus.
- 1 year of statistical analysis
- 3 years of experience with computer programs including, but not limited to, Microsoft Excel, VBA (Visual Basic for Applications), Cognos or Tableau, SharePoint, google doc
- Excellent verbal, written, and interpersonal communication skills
- Ability to articulate complex concepts in a clear manner
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
- Knowledge and understanding of databases and data mining techniques
- Proactive with results driven attitude, and strong problem solving skills
- Well organized, attention to detail
- Proven track record with hands on experience in business analytics and strategy recommendation
Job Expectations:
- Ability to work at one of the approved locations in the job posting
- Preferred location(s) listed. Other locations within the Wells Fargo footprint may be considered for current Corporate Risk Wells Fargo employees
- Willingness to comply with our hybrid work model.
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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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.
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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
