Job Description

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. Learn more about the career areas and lines of business at wellsfargojobs.com ( . **About this role:** Wells Fargo is seeking a Risk Analytics Director to be the Head of Allowance for Credit Losses (ACL), responsible for overseeing the firm's quarterly ACL process as well as the forecasted ACL process required for stress testing (CCAR) and business loss forecasting. This position is a managerial position that reports to the Head of Credit Capital, Allowance and Stress Testing (CCAST) and will be responsible for the entire ACL process, including portfolio challenge and risk assessment, consolidation, governance, communication and reporting, both internally and externally. Due to the importance of the ACL to the firm, this is a high visibility role that has regular contact with senior leaders in the firm, as well as internal and external auditors and regulators. As a central point of ACL coordination across the lines of business, this individual will have frequent contact with leaders from other organizations within the firm as well. **In this role, you will:** + Engage, collaborate, and provide leadership to a cross functional team, responsible for the quarterly ACL, the quarterly internal stress tests, the annual stress test (CCAR), resolution and recovery planning exercises, business ACL forecasting as well as other forecasts and projections. + Provide ACL process oversight through consolidation, analysis, documentation, and reporting, in addition to addressing technical accounting issues in partnership with Enterprise Accounting Policy group. + Assess adherence to risk and compliance regulatory requirements and ensure operational excellence through strong program governance and controls. + Develop and maintain strong working relationships with auditors and regulators, providing transparency for the quarterly ACL process and associated changes through established quarterly update meetings. + Manage strategic line of business partnerships across the enterprise; integrate ACL processes within enterprise-wide strategic initiatives, such as risk identification. + Manage external SEC and Regulatory reporting, internal management reporting, ACL governance committee presentations well as Board committee reporting. **Required Qualifications:** + 8+ years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education. + 4+ years of management or leadership experience. **Desired Qualifications:** + 8+ years of experience with Allowance for Credit Losses, Loss Forecasting and CCAR/Stress Testing. + BS/BA degree or higher in Accounting, Finance or equivalent. + Strong credit risk skills, credit model experience a plus. + Strong understanding of US GAAP, especially CECL guidance. Audit experience/CPA designation a plus. + High attention to detail. + Ability to provide credible challenge and candor to peers. + Excellent verbal, written, and interpersonal communication skills. + Strong organizational and managerial skills. + Ability to prioritize work, meet deadlines, and achieve goals in a dynamic environment. + Proficiency at both preparation of presentations and management reporting as well as formally presenting the materials to senior management. **Posting Locations:** + 401 S Tryon Street, Charlotte, North Carolina + 600 S 4th Street, Minneapolis, Minnesota + 800 S Jordan Creek Pkwy, West Des Moines + 250 E John Carpenter Frwy, Irving, TX + 1150 W Washington St, Tempe, AZ **Job Expectations:** + Ability to work at one of the approved locations in the job posting. + This position is not eligible for Visa sponsorship. + This position offers a hybrid schedule. **_*Job posting may come down early due to volume of applicants._** **Pay Range** Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates. $173,300.00 - $359,900.00 **Benefits** Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs ( for an overview of the following benefit plans and programs offered to employees. + Health benefits + 401(k) Plan + Paid time off + Disability benefits + Life insurance, critical illness insurance, and accident insurance + Parental leave + Critical caregiving leave + Discounts and savings + Commuter benefits + Tuition reimbursement + Scholarships for dependent children + Adoption reimbursement **Posting End Date:** 8 Jun 2025 ***** **_Job posting may come down early due to volume of applicants._** **We Value Equal Opportunity** Wells Fargo is an equal opportunity employer. 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. 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. **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. **Wells Fargo Recruitment and Hiring Requirements:** a. Third-Party recordings are prohibited unless authorized by Wells Fargo. b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process. **Req Number:** R-453010

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