Credit Risk Manager - Consumer Credit

WELLS FARGO BANK; Tempe (AZ); Hybrid; USD 120,000 - 250,000; Full time

Job summary

An established industry player is seeking a Credit Risk Manager to lead initiatives in Consumer Lending and small business banking. This role involves analyzing risk, developing policies, and mentoring a high-performing team. The ideal candidate will leverage their extensive experience in credit risk management and leadership to drive strategic initiatives that enhance the company's credit culture and business performance. Join a forward-thinking organization that values strong customer relationships and a robust risk management framework, ensuring a balanced approach to achieving business objectives while maintaining compliance and mitigating risks.

Benefits

401(k) Plan

Paid time off

Disability benefits

Life insurance

Parental leave

Critical caregiving leave

Discounts and savings

Qualifications

• 4+ years of Credit Risk experience or equivalent.
• 2+ years of leadership experience.

Responsibilities

• Provide leadership in Consumer Lending and small business banking.
• Analyze and approve programs impacting risk levels.
• Mentor and guide talent development of direct reports.

Skills

Credit Risk Management

Leadership

Analytical Skills

Problem Solving

Communication Skills

Education

Bachelor's Degree

Master's Degree (preferred)

Job description

Wells Fargo is seeking a Credit Risk Manager in Credit Risk as part of Corporate Risk. Learn more about the career areas and lines of business at wellsfargojobs.com .

In this role, you will :

• Provide leadership in support of the Consumer Lending unsecured and small business banking products
• Analyze and assist with the approval of programs and policies with a measurable impact on the level of risk
• Identify and recommend opportunities for developing and implementing strategic initiatives and processes to drive the company credit culture, desire, and business performance
• Make decisions and resolve issues regarding assessing and predicting risk and performance through business analysis and modeling of Credit Risk to meet business objectives
• Interpret and develop policies and procedures for measurable impact on the level of risk taken in credit activities with low to moderate complexity within scope of responsibility
• Lead initiatives, analysis, and ongoing processes to drive credit culture, appetite, and business performance with input from senior leadership within a single function or line of business specific role
• Advise and counsel leadership
• Collaborate and influence all levels of professionals including senior managers
• Engage stakeholders and internal partners associated with the function
• Lead team to achieve objectives
• Interact with internal and external customers
• Manage allocation of people and financial resources for Credit Risk
• Mentor and guide talent development of direct reports and assist in hiring talent

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
• 2+ years of leadership experience

Desired Qualifications :

• Previous Consumer Lending, Credit Card, Small Business Banking or Risk Management leadership experience
• Strong background in unsecured lending credit policy and underwriting guidelines preferred
• Demonstrated management experience building and leading a high performing and engaged team
• Demonstrated experience in quantifying operational program effectiveness and identifying and implementing strategies to effectively manage risk
• Demonstrated ability to use metrics and data to make decisions that drive results.
• Strong ability to identify potential industry challenges and opportunities in order to proactively assess and manage credit risk
• Exceptional problem solving and analytical skills with proven ability to turn findings into executable plans
• Proven and demonstrated leadership skills including relationship building, partnering and collaboration skills with clear ability to influence, gain buy-in and negotiate with a diverse group of key business partners / stakeholders including senior management
• Excellent written and verbal communication skills with experience presenting to senior management and ability to articulate key messages around risk, issues, customer impacts, etc.
• Demonstrated change leadership skills with ability to lead through change impacts

Job Expectations :

• Ability to work onsite at one of the posted locations under a hybrid model.

Posting Locations :

• West Des Moines, IA
• Minneapolis, MN
• Charlotte, NC
• Tempe, AZ

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.

120,400.00 - $250,000.00

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.

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

Posting End Date : 8 May 2025

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

Wells Fargo is an equal opportunity employer. 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.

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.

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.

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