Consumer Credit Manager jobs in Minnesota

About this role:

Wells Fargo is seeking a Risk Asset Review Examination Director.

This role will be responsible for monitoring and evaluating the quality of consumer lending practices, such as credit administration, origination quality, portfolio quality, loss forecasting accuracy, and adherence to the credit policy and risk appetite in the business. The role engages with business and independent risk management executive management to share the findings on a regular basis.

In this role, you will:

• Act as a top subject matter expert and advisor to executive leadership to develop and implement strategies, programs, and policies with a direct and significant impact on examination processes and programs.
• Provide vision and set direction for multiple high impact initiatives and teams to achieve long term strategic objectives that impact organization and management across functions.
• Lead a team of consumer team leads and examiners such that examinations are conducted effectively and in compliance with RAR's policy and procedures.
• Work with team leads and examiners-in-charge to ensure exams are appropriately staffed, scoped, and successfully executed with a focus on identification and communication of significant issues.
• As needed, effectively communicate with Front Line and IRM senior management on issues identified in exams.
• Represent RAR on assigned internal credit risk committees, councils, and forums.
• Develop an exam plan that provides sufficient coverage of the consumer lending units.
• Manage the execution of highly complex consumer credit examinations, ensure credit risks are identified and managed, monitor portfolio quality and trends, assess quality of credit underwriting and associated credit administration practices, including credit policies, and ensure potential losses are accurately forecasted and measured.
• Provide leadership to develop and implement strategic solutions to highly complex and potentially companywide business challenges.
• Lead a team of experienced examination professionals to develop longer-term, higher-risk strategies for Risk Asset Review Examination in order to achieve business objectives.
• Collaborate and influence all levels of professionals including more experienced managers.

Required Qualifications:

• 8 years of Risk Asset Review Examination experience or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 4 years of Management experience

Desired Qualifications:

• 7 years consumer credit risk lending/analysis experience.
• Organizational courage and willingness to make tough, informed decisions and thoughtfully share independent perspectives.
• Strong analytical, critical thinking and problem-solving skills, coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a track-record for delivering results.
• Effective communicator, both orally and in writing; able to ask well-crafted questions and present ideas in a clear and compelling manner; good listener who engenders creative thinking and teamwork; communicate effectively amongst diverse, differing, competing, and/or conflicting perspectives/priorities.
• Proven collaboration and ability navigating formal and informal channels; demonstrated success in leading, influencing, and building strong internal/external business relationships in a heavily matrixed organization to progress objectives requiring a high-level of cooperation.

Posting Locations:

• 800 S. Jordan Creek Pkwy - West Des Moines, Iowa
• 401 S. Tryon Street - Charlotte, North Carolina
• 600 S. 4th St - Minneapolis, Minnesota
• 250 E. John Carpenter Frwy - Irving, Texas
• 114 N. Beaumont Street - Saint Louis, Missouri
• 1150 W. Washington - Tempe, Arizona

Job Expectations:

• Ability to work at one of the approved locations in the job posting.
• This position offers a hybrid work schedule.

Posting End Date:
1 Apr 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.

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.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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.