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Cecl Loss Forecasting Jobs (NOW HIRING)

Experience developing models used for CECL, stress testing, underwriting, loss forecasting, or profitability analysis. * Experience supporting model validation activities and regulatory examinations.

Principal Credit Risk Analyst

Chicago, IL · On-site

$119K - $204K/yr

Drive the development of analytical frameworks and strategies for loan origination, loss forecasting, capital planning and CECL. Analyze data to identify the quantitative and qualitative factors ...

Experience developing models used for CECL, stress testing, underwriting, loss forecasting, or profitability analysis. * Experience supporting model validation activities and regulatory examinations.

Experience developing models used for CECL, stress testing, underwriting, loss forecasting, or profitability analysis. * Experience supporting model validation activities and regulatory examinations.

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Cecl Loss Forecasting information

What is CECL loss forecasting?

CECL loss forecasting refers to the process of estimating credit losses under the Current Expected Credit Loss (CECL) accounting standard. This involves projecting future credit losses for financial assets such as loans, based on historical data, current conditions, and reasonable forecasts. CECL requires institutions to recognize expected lifetime losses at the time of asset origination or purchase, rather than waiting for losses to become probable. Accurate CECL loss forecasting helps banks and lenders maintain appropriate reserves and comply with regulatory requirements.

What skills and qualifications are needed for a CECL loss forecasting analyst?

To thrive as a CECL Loss Forecasting Analyst, you need strong quantitative analysis skills, knowledge of accounting standards (especially CECL), and a background in finance or statistics, often supported by a relevant degree. Proficiency with statistical modeling tools (such as SAS, R, or Python), data visualization platforms, and experience with financial reporting systems are typically required. Attention to detail, critical thinking, and clear communication are crucial soft skills for interpreting complex data and presenting findings to stakeholders. These skills and qualities ensure accurate loss forecasts, regulatory compliance, and informed decision-making within financial institutions.

What are common challenges in CECL loss forecasting roles and how can they be addressed?

Professionals in CECL (Current Expected Credit Loss) Loss Forecasting often encounter challenges such as managing large volumes of complex data, keeping up with evolving regulatory requirements, and ensuring model accuracy under varied economic scenarios. To address these challenges, it's important to stay current with industry best practices, collaborate closely with cross-functional teams like risk management and IT, and engage in regular model validation and documentation. Leveraging advanced analytics tools and participating in ongoing training can also help professionals stay effective and compliant in this dynamic field.

What is the difference between Cecl Loss Forecasting vs Credit Risk Analyst?

AspectCecl Loss ForecastingCredit Risk Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; familiarity with accounting standardsBachelor's degree in finance, economics, or related field; analytical skills
Work EnvironmentFinancial institutions, banks, or credit organizations focusing on loss estimationBanks, lending institutions, or credit agencies assessing borrower risk
Industry UsagePrimarily in banking and financial services for loan loss provisioningAcross banking, lending, and credit sectors for risk assessment

Cecl Loss Forecasting specializes in estimating expected credit losses using accounting standards like CECL, focusing on loss provisioning. Credit Risk Analysts evaluate borrower creditworthiness and assess risk, often using similar data but with a broader scope. While both roles require financial analysis skills, Cecl Loss Forecasting is more focused on loss estimation models, whereas Credit Risk Analysts handle overall credit risk assessment.

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Infographic showing various Cecl Loss Forecasting job openings in the United States as of August 2026, with employment types broken down into 76% Full Time, 22% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution.

Credit Risk Director - Consumer Loss Forecasting

Wells Fargo

Charlotte, NC • On-site

Full-time

Medical, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


Wells Fargo rating

7.8

Company rating: 7.8 out of 10

Based on 709 frontline employees who took The Breakroom Quiz

88th of 171 rated banks


Job description

About this role:

Wells Fargo is seeking a Credit Risk Director to lead the Consumer Loss Forecasting function within Corporate Risk. The Consumer Loss Forecasting function is responsible for the development, execution, governance, and delivery of loss forecasts used in key enterprise processes including CCAR, CECL/ACL, Loss Forecasting, stress testing, and other risk management activities. The team provides critical analytics that inform strategic decision-making, reserve levels, and scenario analytics. Learn more about our career areas and business divisionsat wellsfargojobs.com.

In this role, you will:

  • Lead a team of managers, analysts, and forecasting professionals responsible for consumer loss forecasting activities across multiple portfolios.
  • Provide strategic direction and oversight for forecasting processes supporting CCAR, ACL/CECL, Loss Forecasting, stress testing, and other enterprise forecasting requirements.
  • Ensure accurate, timely, and controlled delivery of forecasting results used for regulatory, financial, and business decision-making purposes.
  • Oversee forecast governance, execution controls, issue management, and risk identification activities to ensure compliance with internal control and risk management requirements.
  • Partner with senior leaders across Risk, Finance, Technology, Model Risk Management, and line-of-business organizations to support forecasting needs and drive strategic priorities.
  • Lead the implementation of forecasting modernization initiatives, including process automation, cloud-based forecasting capabilities, workflow optimization, and AI-enabled solutions.
  • Drive continuous improvement efforts that enhance forecast efficiency, scalability, transparency, and governance while reducing operational risk.
  • Provide executive-level communications and recommendations related to forecast results, emerging risks, portfolio performance, and forecasting assumptions.
  • Manage delivery against aggressive regulatory and business timelines while maintaining high standards of analytical rigor and operational excellence.
  • Develop organizational talent, succession plans, and leadership capabilities to ensure long-term sustainability of the forecasting function.


Required Qualifications:

  • 10+ years of Credit Risk 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:

  • Extensive experience in credit risk, forecasting, quantitative analytics, finance, risk management, or a related discipline.
  • Experience leading managers and large, complex analytical organizations.
  • Deep understanding of forecasting methodologies, risk management practices, and regulatory requirements.
  • Proven ability to lead large-scale transformation initiatives, process redesign efforts, and technology modernization programs.
  • Strong executive communication and stakeholder management skills.
  • Demonstrated success delivering complex initiatives under demanding timelines and governance requirements.

Posting Locations:

  • 550 S. Tryon Street - Charlotte, North Carolina
  • 401 Las Colinas Blvd W Bldg B Irving, Texas
  • 600 South 4th St, Minneapolis, MN
  • 800 S Jordan Creek Pkwy, West Des Moines, IA

Job Expectations:

  • Required locations listed above. Relocation assistance is not available for this position.

  • Travel up to 10% of the time

  • This position is not eligible for VISA sponsorship

Specific compliance policies may apply regarding outside activities and/or personal investing;affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

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.

$215,000.00 - $355,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. VisitBenefits - 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:

16 Aug 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, visitDisability 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.


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About Wells Fargo

Sourced by ZipRecruiter

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 41 on Fortune's 2022 rankings of America's largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health and a low-carbon economy.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

San Francisco, CA, US

Year founded

1852

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