Credit Portfolio Manager 2

Job Title:

Credit Portfolio Manager 2

Job ID Number:

5105708

Schedule Type:

Reg-Time

Work Hours:

40

Location:

Des Moines,IA

Qualifications:

Wells Fargo's Consumer Lending Group (CLG) is an industry leader in supporting homeowners and consumers. We put customers at the center of all that we do. We make every decision - and design every product and service - with our customers in mind.

It starts with you. We must attract, develop, retain and motivate the most talented people - those who care and who work together as partners across business units and functions. We value and promote diversity and inclusion in every aspect of our business and at every level of our organization.

The CLG team includes Home Lending, Consumer Credit Card, Personal Loans and Lines, Direct Auto, Dealer Services, Commercial Auto, Retail Services and Education Financial Services including the professional services teams that partner with these businesses - Human Resources, Finance, Credit Risk, and Compliance & Operational Risk.

Our Consumer Credit Solutions (CCS) Compliance and Operational Risk team provides guidance to CCS businesses to support their commitment to comply with all applicable laws, regulations, and internal operational policies and procedures.

The Credit Portfolio Manager 2 within Retail Services Credit Risk Management will be responsible for leading team to conduct portfolio analysis and monitor/ manage portfolio, driving key acquisition risk strategies and policies for Retail Services credit card portfolio

Key responsibilities of the position include, but are not limited to the following:

Leading and developing a highly skilled and motivated team of credit risk consultants. Accountability for performing various activities related to business analysis and/or portfolio management. Duties may include:

Performing complex analysis and/or developing risk strategies that maximizes profits and/or asset growth and minimizes credit and/or operating losses and other risk exposures Providing analytical support on retail services credit card business to ensure company goals are met. Segmenting and monitoring various credit products, industry programs, vintages, etc. and making recommendations to management based on those trends. Conducting monthly portfolio performance review and loss forecast. Evaluating and analyzing new business opportunities. **The preferred locations are listed however, we will consider candidates located in other major hub locations for Wells Fargo.**

7+ years risk experience and 2+ years management experience. 7+ years consumer lending, credit policy, underwriting or risk experience SAS program experience Leadership experience with demonstrated ability to effectively manage and engage teams Effectively lead teams responsible for differing tasks with challenging deadlines and priorities Ability to develop, articulate and execute effectively against strategic objectives Strong written and verbal communication skills Excellent analytical and problem-solving skills This position requires compliance with all mortgage regulatory requirements and Wells Fargo's compliance policies related to these requirements including acceptable background check investigation results. Successful candidates must also meet ongoing regulatory requirements including additional screening and required reporting of certain incidents.

Advanced degree in quantitative field (mathematics, economics, statistics, econometrics) Prior experience in private label credit card/bankcard risk management. IA-Des Moines: 800 Walnut St - Des Moines, IA