Wells Fargo Credit Risk Analytics Consultant 3 (Business Analyst) in Des Moines, Iowa

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

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

Corporate Risk helps all Wells Fargo businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.

The CCAST (Credit Capital, Allowance and Stress Testing) team is a unit within *Corporate Credit & Market Risk. *The CCMR group is responsible for independently overseeing the management of credit risk exposures (including monitoring and reporting on aggregate credit exposures across groups, legal entities, geographies, and jurisdictions) and the quality of credit risk management practices across the company.

The CCAST team is responsible for the following:

  • Oversight, modeling and estimation of risk weighted assets (RWA) in compliance with Basel regulations

  • Consolidation, coordination, documentation and oversight of the allowance for credit losses (ACL) and related external disclosures

  • Coordination, oversight, documentation, and submission for the credit section of the company-wide stress testing exercises in compliance with Dodd-Frank/Comprehensive Capital Analysis and Review (CCAR) requirements.

  • Analyzing data and its flow through end-to-end processes and the associated controls across Risk, Finance and Operations teams to ensure compliance with COSO Internal Control Framework and Basel Risk Reporting requirements (BCBS 239).

The CCAST team has a new opportunity for a highly motivated individual who has demonstrated experience leading collaborative efforts with business users and technology partners to deliver stream-lined, efficient process and reporting solutions. This individual will focus efforts on the ACL and CCAR credit risk deliverables within the CCAST organization. Responsibilities include the solicitation and documentation of business requirements, contribution to design decisions, and serving as a change agent to ensure all impacted stakeholders are well prepared to adopt process change. This high profile position interacts with the following stakeholder groups: credit risk, finance, accounting policy & disclosures, regulatory reporting, model development, systems development, and audit and governance groups. Initial responsibilities will support the implementation of the new accounting standards for the ACL process including impacts to the CCAR process.

Under the direction of CCAST leadership, this individual will be involved in the following:

  • Solicit and document business requirements across key stakeholder groups to adopt changes impacting ACL and CCAR deliverables.

  • Contribute to the development of process and technology design solutions.

  • Partner with the CCAST ACL Team to identify internal controls and design artifacts to satisfy compliance with Finance and Risk standards and guidelines including Governance & Oversight (G&O) programs.

  • Assist in designing and documenting test strategies and plans which outline resource planning, timelines, dependencies, and the various phases of testing.

  • Provide post-implementation operational support across all stakeholder groups.

  • Ensure functional documentation is maintained in alignment with enhancements.

  • Provide testing assistance and reporting as required.

Required Qualifications:

  • 7+ years of risk reporting experience, risk analytics experience, or a combination of both

Desired Qualifications:

  • Strong analytical skills with high attention to detail and accuracy

  • Excellent verbal, written, and interpersonal communication skills

  • Ability to interact with integrity and a high level of professionalism with all levels of team members and management

  • Ability to research and report on a variety of issues using problem solving skills

  • Knowledge and understanding of business requirements writing

  • Knowledge and understanding of process flow or procedure writing

  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

  • Project management experience

  • Advanced Microsoft Office (Outlook, Excel, Word, PowerPoint, LiveMeeting and SharePoint) skills

  • Experience with process mapping tools such as Tibco, Visio, Visio Pro, iGrafx or IBM Blueworks Live

  • A BS/BA degree or higher in accounting, finance, or economics

How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psc/PSEA/APPLICANTNW/HRMS/c/HRSHRAMFL.HRSCGSEARCHFL.GBL?Page=HRSAPPJBPST_FL&FOCUS=Applicant&SiteId=1&JobOpeningId=5419550&PostingSeq=1.

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.

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.