Sr Credit Risk Specialist For Wholesale Credit Portfolio-Team
- Wells Fargo
- 4 - 8 years
- Hyderabad
- 3 months ago
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Job Description
About the Role
Wells Fargo is seeking for Senior Credit Risk Officers for the Credit Risk department within Corporate Risk to provide senior credit officers, Chief Risk Officer (CROs), the Chief Credit Officer (CCO) and various other business partners with insights into the Wholesale credit portfolio and a proactive, forward-looking in-depth analysis in support of concentrations and limits management, emerging risk identification and impact quantification, portfolio performance forecasting, loss mitigation, and capital optimization.
In this role, you will:
- Lead moderately complex initiatives and identify opportunity for risk mitigation strategies within Credit Risk
- Contribute to credit performance, potential or emerging risks
- Review and analyze moderately complex processes and projects, business, operational, or technical challenges that require an in-depth evaluation of variable factors
- Receive direction from leaders
- Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
- Interact with internal customers
Required Qualifications:
- 4+ years of Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- 4+ years of related experience preferably to include credit risk, markets, credit research or portfolio management
- Ability to assess the quality of lending and ongoing management of credit risk within the Bank, including adherence to risk appetite, credit policy and regulations
- Strong commercial credit analysis skillset
- Ability to present complex material in a digestible, consumable manner to all levels of management
- Strong Microsoft Excel skills
- Advanced problem solving and analytical skills
- Good knowledge of debt markets, debt instruments and commercial loan products
- Experience with corporate credit relative value and market-based pricing a plus
- Masters degree or higher in finance, accounting, business or quantitative discipline
- Excellent verbal, written, and interpersonal communication skill
Job Expectations:
- Support complex initiatives including those that are cross-functional with broad impact and act as key participant in driving the company credit culture, desire, and business performance for Credit Risk
- Review and analyze complex strategies, programs and policies with a direct and significant impact on credit risk appetite and culture
- Monitor portfolio, financial, market and economic data and assess the impact to credit fundamentals
- Develop and deploy analytical tools to identify, analyze and monitor single name, sector, concentration, and portfolio risks
- Monitor, assess and report on asset quality, portfolio trends and credit policy exception trends
- Identify emerging credit risks and correlated risk pools that could potentially impact earnings and capital. Develop risk mitigating strategies in partnership with CRO organizations.
- Develop and implement Business As Usual (BAU) stress testing procedures that inform risk identification and risk appetite
- Provide credible challenge of line of business credit products, programs, and policies
- Support the Business Loss Forecast (BLF), Current Expected Credit Losses (CECL) and Comprehensive Capital Analysis and Review (CCAR) processes, credit migration management, and concentration management with credit research
- Provide key stakeholders with subject matter expertise and reliable, transparent analysis and reporting
- Work closely with the US partners on daily basis, interacting closely with multiple business partners and program managers
- Work independently, foster a culture of healthy and efficient working for the team
- Develop specific, customized reports, ad hoc analyses and/or data visualizations, formatted with business user-friendly techniques to drive adoption, such as (1) Excel macros/pivoting/filtering, (2) PowerPoint slides and presentations, and (3) clear verbal and e-mail communications
- Apply knowledge of business, customers, and/or products/services/portfolios to synthesize data to 'form a story' and align information to contrast/compare to industry perspective
- Have the ability to work overlap hours with US team
- Shift 1:30-10:30 pm
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: BFSI, Investments & TradingRole Category: Investment Banking, Private Equity & VCRole: Investment Banking AssociateEmployement Type: Full timeContact Details:
Company: Wells FargoLocation(s): Hyderabad
Keyskills: Credit Risk marketing risk management credit analysis market risk credit policy basel portfolio management stress testing credit research corporate credit ccar
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