- The Consumer Credit team is responsible for leading, developing and implementing strategic initiatives and processes to drive the company credit culture, appetite, and business performance. The team is seeking a Senior Manager for the Credit Risk team to lead the Home Lending team.
We expect senior manager to perform the following Responsibilities:
• This individual will be responsible to lead the Credit Risk team. India team development including driving hiring, training, development and retaining of strong analytical capabilities for the analysts. Manages a team of Managers, Associate Managers, Officers, Sr Associates and/or Associates in accomplishing goals and priorities.
• Lead the multidisciplinary team to deliver best in class credit risk management practices to enhance the credit risk framework, executing on key initiatives and processes across products and lines of businesses.
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• Lead strategic initiatives and process for the business through conceptualizing, developing and deploying advanced analytical solutions in a high performing environment.
• Provide credit risk governance and oversight driving credit culture, risk appetite and business performance. Act as a technical expert and Advice and counsel executive leadership on highly complex issues.
• Leverage advanced predictive analytics, and expert knowledge of credit risk mitigation tools and techniques to detect and mitigate existing and upcoming risks in the portfolio
• Conduct comprehensive analyses to assure timely monitoring of strategy efficacy and accuracy, minimizing credit/operating losses and reputation/compliance risk exposure
• Partner closely with product/marketing, system & technology, finance, compliance and other business areas to develop risk criteria and propose new strategies
• Drives the discovery of new risk segmentation attributes and recommending value-added and practical solutions for risk management strategy enhancements via sound statistical methods by effectively mining rich and complex data sources.
• Stay at the leading edge of emerging trends and capabilities in the domains of consumer, credit, risk detection and prevention, with emphasis on digital.
• Design, develop and manage an efficient interaction model for this multidisciplinary team to ensure consistent delivery across the functional teams. Develop the necessary structure to manage the growing needs of the business while increasing efficiency and effectiveness of the teams.
• Lead organization wide initiatives. Represents consumer credit risk and Consumer Credit Strategy and Evaluation function in multilateral forums.
• Engage and influence peers, management, and experienced leaders companywide
• Identify and recommend opportunities for transformation of data into actionable information that drives business outcomes, strategies, and risk control development
• Communicate effectively with Sr. Management and stakeholders across all areas of the organization.
Posting End Date:
30 May 2024
*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.
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