Wells Fargo is seeking a Senior Lead Credit Risk Officer for a newly created individual contributor role in our Consumer Credit Risk organization.
This person will report directly to the Head of Consumer Credit Risk Policy & Governance Execution and will be responsible for the coordination and execution of, consumer credit policy strategic initiatives, communications, executive responses across Consumer Lending and Consumer Small Business Banking lending activities. It is expected that this role understands full credit-life-cycle credit is able to learn intricate details of credit management governance.
In this role, you will:
Spearhead virtual team wide initiatives to develop and implement formal changes across consumer credit policy governance
Serve as the primary liaison between the team, governance team, and various support partners in achieving business deliverables; includes: planning and implementation of strategies, policies and process advancements
Develop and implement reporting/information delivery/presentations with key stakeholders and senior management within responsible area, including root cause, cost/benefit, and risk analyses
Establish priorities and drives accountability for assigned initiatives, providing leadership to ensure solutions are designed, integrated and controlled to optimize effectiveness, account for all aspects of risk exposure, and create efficiencies as appropriate
Track strategy activities with performance, review impact of enterprise/business policies, and generate responses for formal process changes.
This person will be a key driver of operating efficiency by bringing to life the critical initiatives across the Consumer Credit Risk organization.
Work with key internal and/or external partners, possibly including Corporate Risk and Senior Leaders to distill complex concepts into pragmatic and simplified/targeted solutions
Advise senior leadership to develop and implement, programs and policies with a direct impact on credit risk appetite
Review and provide challenge of line of business credit, programs, and policies
Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Interact with internal and external customers
Collaborate with business for oversight of risk management
Interact with audit, legal, compliance, external agencies, and regulatory entities on risk related topics
Be an impactful team representative in senior leadership forums
Required Qualifications:
7+ years of Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Proven ability to lead in a highly matrixed environment across all organizational levels, particularly senior management
Strong risk background and broad familiarity with regulation and risk requirements
Experience with policy and procedure management
Demonstrates an ability to challenge senior leadership and influence decision-making
Executive presence that will enable effective partnering with business aligned CRO's and CEO's in driving strategic credit decisions and resolving credit related issues
Experience communicating and presenting complex information to multiple levels of the organization including senior executive-level leaders
Flexibility and ability to thrive in a fast-paced, rapidly changing environment
Posting Locations:
401 S. Tryon Street - Charlotte, North Carolina
600 S. 4th Street - Minneapolis, Minnesota
1445 Ross AVE- Dallas, Texas
114 N Beaumont St Bldg D- Saint Louis, Missouri
800 S. Jordan Creek Pkwy - West Des Moines, Iowa
1150 W Washington - Tempe, Arizona
Job Expectations:
Preferred locations listed above
This position currently offers a hybrid work schedule
Posting End Date: 8 Jul 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.
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