Wells Fargo

Job Category:

Community Banking


Des Moines, Iowa



Approximate Salary:

Not Specified

Position Type:

Full Time


415) 820-7800

Credit Portfolio Consultant 3: Credit Card/Debit Card Risk Analytics

Wells Fargo - Des Moines, Iowa

Posted: 11/30/2018

Job Description

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.

The Payments, Virtual Solutions, and Innovation (PVSI) team includes Operations, Cards and Retail Services, Deposit Products Group, the Innovation Group, Treasury Management, Merchant Services, Payment Solutions, and Wells Fargo Virtual Channels and the professional services teams that partner with these businesses. PVSI's focus is on delivering the next generation of payments and deposit capabilities and advancing our digital and online offerings to design new customer experiences and products. Its guiding principles are to start with the customer, move faster, and partner effectively.

The Wells Fargo Deposit Products Group (DPG) within PVSI offers innovative checking, savings and payment solutions that form the core of our customers' relationship with Wells Fargo and fulfill a broad array of their financial needs. We make our products and services intuitive so they are simple to use and fully integrated to deliver a superior customer experience through all of our channels. Wells Fargo is #1 in debit card transactions serving millions of customers and processing over 8 billion purchase transactions each year. Wells Fargo is also the 3rd largest financial institution in the country with over $1.1 trillion in deposits and over 6,000 branches in more states than any other bank.

DPG is seeking a highly motivated professional with experience in predictive modeling and data analysis to join their Credit Card/Debit Card Fraud Risk Management team as Credit Portfolio Consultant 3. This role is highly dynamic and will require critical thinking and a tactical approach to problem solving.

Major responsibilities:

  • Utilize advanced analytic capabilities to perform event-based and root cause analysis to effectively detect and mitigate fraud risk for the Wells Fargo Credit Card/Debit Card Portfolio
  • Translate complex data from multiple sources, formats, data structure into actionable and tangible strategies
  • Drive new and improved fraud monitoring and detection capabilities including creating insightful dashboards / data visualization to track and monitor key business metrics
  • Partner with Credit Card/Debit Card Fraud Operations, Product, Fraud Claims, Compromise Management and the various implementation teams to ensure flawless execution of proposed strategies.
  • Design and review appropriate MIS reports to detect the latest fraud trends and translate into actionable recommendations
  • Stay current with new and developing payment methods in the credit card space and proactively identify the fraud risk that each method may create
  • Query large data sources to support data driven risk detection/mitigation strategies without compromising customer experience
Required Qualifications

  • 6+ years of risk experience
  • 3+ years of SQL or SAS experience
  • 3+ years of experience with analytical methods used in statistical analysis, modeling, and reporting
Desired Qualifications

  • Knowledge and understanding of fraud risk and mitigation: strategies to reduce or mitigate loss and fraud exposures
  • Ability to analyze metrics and articulate data trends both visually and verbally
  • Experience with predictive analysis software or applications such as Knowledge Studio or Knowledge Seeker
  • Predictive modeling experience (including logistic regression)
  • Experience designing and optimizing complex SQL queries involving table joins and correlated sub-queries on large scale data tables
  • Outstanding problem solving and analytical skills with ability to turn findings into strategic imperatives
  • Ability to work in a fast paced deadline driven environment
  • Excellent verbal, written, and interpersonal communication skills
  • Ability to present to multiple levels of management
Other Desired Qualifications
  • A Master's degree or higher in a quantitative discipline is desired
  • Experience analyzing large data sets, identifying trends, with the ability to articulate findings when presenting to key business stakeholders
  • Consumer credit industry experience, and solid financial service industry business knowledge
  • Demonstrated ability to prioritize effectively and learn quickly in a rapidly changing environment and function efficiently under short deadlines
  • Ability to develop partnerships and collaborate with other business and functional teams

  • 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.

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