About this role:

Wells Fargo is seeking a Credit Risk Specialist. The Credit Risk Specialist will be part of the WIM Credit Risk Loss Forecasting team and will be responsible for data aggregation, analysis, and interpretation of Wealth & Investment Management (WIM) loss and allowance forecasting. 

In this role, you will:

• Execute Loss Forecasting submissions for WIM, which will include delivering key insights to management and collaborating with key stakeholders.

• Review and analyze data to assess and predict risk and monitor performance that require research, evaluation, and selection of alternatives, and exercise independent judgment to guide medium risk deliverables for portfolio stress tests.

• Ensure appropriate assessment and governance of quantitative and qualitative models that are owned and utilized by WIM.

• Exercise independent judgment while developing the knowledge to understand WIM’s credit portfolio, products, policies, procedures, and compliance requirements.

• Receive direction from leaders.

• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.

• Interact with internal customers.

• Ensure adherence to all applicable regulations and policies.

Required Qualifications:

• 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:

• Strong verbal and written communication skills.

• Strong analytical and problem-solving skills with keen attention to detail.

• Advanced expertise in MS office tools including Excel and PowerPoint.

• Understanding of wealth management client segmentation.

• Understanding of basic economic data and its impact to credit portfolio performance.

• Understanding of market risk.

• Experience in data integrity issues and data governance.

• Understanding of complex databases and ability to navigate and query data effectively.

• Understanding in Python, Tableau, Power BI, SAS, SQL will be an added advantage.

• Comfort with challenging assumptions, formulating defendable hypotheses, and ensuring high quality results.

Job Expectations:

• Ability to work at the approved location(s) in the job posting.

• This position offers a hybrid work schedule.

*Job posting may come down early due to volume of applicants.

Pay Range

Benefits

Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.

• 401(k) Plan
• Paid Time Off
• Parental Leave
• Critical Caregiving Leave
• Discounts and Savings
• Health Benefits
• Commuter Benefits
• Tuition Reimbursement
• Scholarships for dependent children
• Adoption Reimbursement

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.

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.