Senior Credit Risk Specialist | Transaction Risk Management

Location: CONCORD, CA

About this role

The Senior Credit Risk Specialist (P3) is an individual contributor on the Transaction Risk team responsible for the development, implementation, monitoring, and optimization of data-driven risk strategies that enable real-time transaction decisioning. This role leverages data, analytics, and quantitative techniques to help manage risk across millions of transactions each month while balancing customer experience, fraud prevention, and business objectives.

This role combines quantitative analysis, risk strategy execution, and technical problem-solving to improve decision quality and portfolio performance. The successful candidate will utilize large datasets, analytical tools, automation, and emerging AI/ML capabilities to identify risks, monitor strategy performance, and support business objectives.

The position offers an opportunity to contribute to the modernization of transaction risk capabilities through cloud transformation initiatives, enhanced analytics, and evolving decisioning technologies while supporting effective risk management across a growing portfolio.

Key Responsibilities

Develop, implement, and optimize transaction risk strategies to improve decision quality, portfolio performance, and customer outcomes.

Analyze transaction, customer, and portfolio data to identify emerging risks, monitor strategy performance, conduct root-cause and risk analyses, evaluate new data sources and analytical approaches, and recommend improvements to enhance risk detection, decision quality, and portfolio performance.

Develop and maintain analytical solutions using SAS, SQL, Python, R, or other tools to support risk decisioning, monitoring, and operational efficiency.

Collaborate with business, technology, model governance, and control teams to implement and maintain risk strategies.

Document analysis, assumptions, methodologies, and results in accordance with governance and control requirements.

In this role, you will

• Contribute to initiatives that support transaction risk strategy, decisioning performance, and customer outcomes.
• Apply quantitative analysis and sound judgment to solve business problems and support risk-based decision making.
• Support risk capability enhancements through analytics, automation, data innovation, and platform modernization efforts.
• Communicate analytical findings and recommendations to managers and business stakeholders.
• Partner with business teams, Model Governance, Audit, Legal, Compliance, and other stakeholders to support effective risk management and strategy execution.

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

• 3+ years of experience applying analytical techniques, statistical analysis, anomaly detection, modeling, and risk reporting in a financial services environment.
• 3+ years of experience using SQL, SAS, Python, R, or similar data management and analytics tools; familiarity with GitHub, VS Code, GCP, or cloud-based analytical platforms is a plus.
• Experience supporting the development, implementation, monitoring, or maintenance of risk strategies, predictive models, or analytical decisioning solutions.
• Experience working with large and complex datasets and translating analytical findings into actionable business insights.
• Familiarity with Model Risk Management (MRM), model governance, or comparable risk management frameworks.
• Knowledge of transaction risk, fraud risk, customer decisioning, portfolio management, or risk optimization concepts.
• Strong written and verbal communication skills with the ability to explain analytical concepts to both technical and non-technical audiences.
• Experience supporting automation, process improvement, and analytical modernization efforts.

Job Expectations

• Visa sponsorship not available.
• Ability to work at one of the approved locations in the job posting. Relocation assistance is not available for this position.
• Preferred location(s) listed. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo employees.
• Willingness to comply with our current hybrid work model; working from a Wells Fargo facility at least four days a week, with the flexibility to work remotely one day a week.

Posting Locations

• 1655 Grant St – Concord, California 94520
• 333 Market St – San Francisco, California 94105
• 600 S 4th St – Minneapolis, Minnesota 55415
• 401 W Las Colinas Blvd – Irving, Texas 75039
• 401 S Tryon St – Charlotte, North Carolina 28202
• 114 North Beaumont Street – D Bldg, Saint Louis, Missouri 63103
• 1150 W Washington St – Tempe, Arizona 85288
• 800 S Jordan Creek Pkwy – West Des Moines, Iowa 50266

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

$100,000.00 - $196,000.00

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

1 Nov 2026

*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.
• Additional Locations: WEST DES MOINES, IA, SAN FRANCISCO, CA, CHARLOTTE, NC, IRVING, TX, TEMPE, AZ, SAINT LOUIS, MO, MINNEAPOLIS, MN