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Credit Oversight Assoc

Company: Wells Fargo
Location: West Des Moines
Posted on: May 3, 2021

Job Description:

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk.
The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.

The Credit Oversight Associate is responsible for leading, developing and implementing strategic initiatives and processes to drive the company credit culture, appetite, and business performance. Applies subject matter knowledge to serve as a consultant and resource to corporate and/or line of business management regarding credit performance, potential or emerging risks, and business conformity with risk appetite, credit culture, and policies. Creates and analyzes reports. Presents findings to management and provides input into decision-making. Prepares recurring and ad hoc reporting packages for management. Compiles moderate to complex reports to assess and predict risk and monitor performance. Utilizes analytical tools to review and analyze credit trends and recommends appropriate risk mitigation strategies. Works with business partners to provide analytic solutions and develops strategies to support or negate change recommendations. Supports and implements initiatives with low to moderate risk. Internal interaction with team to support risk oversight and monitoring. Limited to no
external interaction.

Primary job responsibilities include:

  • Supporting MMB profit growth by conducting analytics to enhance asset, revenue growth, credit loss optimazation, and operational efficiency
  • Collaborate with other business partners to identify, structure and analyze business problems and model risk issues.
  • Perform complex analysis and/or model; provide analytical support on credit origination and portfolio management strategies
  • Produce performance monitoring and benchmarks regarding growth, delinquency, loss, and overall profitability
  • Review and analyze current credit policies and recommend modifications for improvement
  • Ensure models are developed, implemented, and maintained in adherence to model risk policies that optimize the risk level to the bank.
  • Advise, provide subject matter expertise, and support model developers, Model Risk Governance, and front-line model owners on model use


Required Qualifications
  • 2+ years of experience in a risk role demonstrated through work or military experience; or a Master's degree or higher in business or economics


Desired Qualifications
  • 2+ years of credit risk experience
  • 2+ years of SQL or SAS experience


Other Desired Qualifications
  • 2+ years of credit reporting or analytics experience
  • Knowledge and understanding of commercial credit: underwriting
  • Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
  • Ability to assess issues, make quick decisions, implement solutions, and influence change
  • Outstanding problem solving and decision making skills
  • Good verbal, written, and interpersonal communication skills
  • Knowledge and understanding of analytical methods used in: statistical analysis, modeling, and reporting
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environmen


Disclaimer


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.



Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.



Benefits Summary

Benefits

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Keywords: Wells Fargo, West Des Moines , Credit Oversight Assoc, Other , West Des Moines, Iowa

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