Senior Credit Risk Specialist - Home Lending Risk

About this role:

Wells Fargo is seeking a Senior Credit Risk Specialist in Home Lending Servicing Risk (HLSR) team as part of Corporate Risk and will primarily focus leading the analysis, evaluation, development, and risk management of servicing policy for home preservation.   A successful candidate will be comfortable working in a fast-paced environment and credibly challenging Front Line business partners.

In this role, you will:

• Act as a subject matter expert and provide thought leadership in Home for both Serviced for Others portfolios (Fannie, Freddie, USDA, FHA, VA), Private investors and Wells Owned accounts.
• Craft policies and strategies that mitigate all risks including credit, operational, reputational, and regulatory / legal risks.  Partner with the line of business, operational risk, compliance, and legal to ensure efficient, accurate, and well controlled execution of policies, strategies, and programs.
• Make recommendations and credibly challenge to improve programs and execution.
• Identify and escalate issues timely and ensure business is driving to resolution on all issues.
• Lead moderately complex initiatives and identify opportunity for risk mitigation strategies within Credit Risk.
• Contribute to credit performance, potential or emerging risks.
• Review and analyze moderately complex processes and projects, business, operational, or technical challenges that require an in-depth evaluation of variable factors.
• Receive direction from leaders.
• Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals.
• Interact with internal customers.

Required Qualifications:

• 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:

• Excellent collaboration and communication skills.  Ability to clearly and concisely communicate (both written and verbal) with business partners, peers and senior management and lead discussions
• A BS/BA degree or higher
• Home lending experience with subject matter expertise in Servicing ie: collections, loss mitigation, foreclosure, REO, bankruptcy and loss processing
• Outstanding problem-solving skills with the ability to exercise independent judgment to identify and resolve problems
• Ability to work independently with minimal direction; ability to exercise independent judgment and apply prudent risk mitigation principles
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment; strong organizational, multi-tasking, and prioritizing skills

Posting Locations:

• 800 S. Jordan Creek Pkwy - West Des Moines, Iowa
• 600 Wells Fargo - Minneapolis, Minnesota
• 401 S. Tryon Street - Charlotte, North Carolina
• 1150 W. Washington - Tempe, Arizona

Job Expectations:

• Ability to work at one of the approved locations in the job posting.
• This position currently offers a hybrid work schedule.
• This role is not VISA sponsorship eligible.

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• 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.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.