Lead Credit Risk Officer - Collections Risk Strategy

at  Wells Fargo

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

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

Required Qualifications:

• 5+ years of Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educatio

Desired Qualifications:

• Collections or Recovery work experience in operation or credit risk
• Strong educational credentials with an M.B.A. or master’s degree preferred
• Risk professional with an understanding of various risk types (compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management)
• Outstanding quantitative and critical thinking abilities
• Innovative problem solver
• Ability to meet stringent deadlines
• Strong organizational, multi-tasking, and prioritizing skills
• Ability to work in a fast-paced deadline driven environment
• Advanced Microsoft Office skill

Wells Fargo is seeking a Lead Credit Risk Officer within Collections Risk Strategy / Unsecured Default Servicing Risk, a part of the Consumer Lending Chief Risk Office (CRO) team. Learn more about the career areas and lines of business at wellsfargojobs.com .

In this role, you will:

• Develop and implement collection strategies to ensure timely recovery of overdue accounts
• Monitor and analyze portfolio performance, providing regular reports to senior management on collections activities and performance metrics
• Ensure the collections process is compliant with relevant laws, regulations, and industry standards
• Collaborate with other departments, such as credit and customer service, to improve the overall customer experience and resolve customer disputes
• Develop and maintain relationships with key stakeholders, such as regulators and external debt collection agencies, to enhance collections performance
• Continuously identify and implement process improvements to enhance the efficiency and effectiveness of the collections process
• Engage and influence stakeholders, internal partners and peers associated with initiatives that cross multiple lines of business in scope with significant impact and risk
• Identify and recommend opportunities for process improvement and risk control development to drive the company credit culture, desire, and business performance
• Determine appropriate strategy and actions of Credit Risk team to meet moderate to high-risk deliverables
• Interact with internal and external stakeholders

Required Qualifications:

• 5+ years of Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Collections or Recovery work experience in operation or credit risk
• Strong educational credentials with an M.B.A. or master’s degree preferred
• Risk professional with an understanding of various risk types (compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management)
• Outstanding quantitative and critical thinking abilities
• Innovative problem solver
• Ability to meet stringent deadlines
• Strong organizational, multi-tasking, and prioritizing skills
• Ability to work in a fast-paced deadline driven environment
• Advanced Microsoft Office skills

Job Expectations:

• This position offers a hybrid work schedule.
• This position is not eligible for visa sponsorship.
• No relocation assistance is provided for this job.
• Ability to work at one of the approved locations in the job posting.

Posting Locations:

• Dallas, TX
• Wilmington, DE