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Wells Fargo Consumer Credit Senior Associate - Home Lending Loss Forecasting in West Des Moines, Iowa

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

As the company's second line of defense, Corporate Risk — or Independent Risk Management — provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk.

The Loss Forecasting team seeks an experienced consumer credit associate with demonstrated achievement in analyzing credit trends, using models and analytical tools to predict expectations for delinquency and credit loss. Responsible for completing loss forecasts, monitoring and ad-hoc analysis for real estate originations.

This position will be responsible for:

  • Produce monthly loss forecast

  • Produce Stress Test loss credit forecast

  • Assist in model back test, UAT and implementation

  • Contribute on reporting and requests for audits and exams

  • Increase automation of existing processes where possible

  • Partner with loss forecast control team

  • Enhance production process documentation to ensure consistent execution, avoid errors and provide for cross training of new team members

Required Qualifications

  • 5+ years of experience in risk role

  • 3+ years of SQL or SAS experience

Desired Qualifications

  • Excellent verbal, written, and interpersonal communication skills

Other Desired Qualifications

  • Ability to execute in a fast paced, high demand environment while balancing multiple priorities.

  • Strong attention to detail and accuracy including reconciling and validating data sources.

  • Strong analytical and problem solving skills.

  • Strong communication skills to effectively articulate complex process and strategy recommendations in a clear, concise manner.

  • Strong organizational skills, including coordinating with cross functional teams to ensure project/task is completed within established deadlines.

  • Strong interpersonal and collaboration skills to effectively interact with team members, business partners and stakeholders.

  • Forecasting experience

Job Expectations

  • Ability to travel up to 5% of the time

Street Address

IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA

MN-Minneapolis: 2650 Wells Fargo Way - Minneapolis, MN

NC-Charlotte: 401 S Tryon St - Charlotte, NC


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits Summary


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Company: Wells Fargo

Req Number: 5571852-1

Updated: 2021-04-10 01:08:59.977 UTC

Location: West Des Moines,IA