Model Risk Manager Jobs in McKinney, TX (NOW HIRING)

About this role:

Wells Fargo is seeking a Credit Risk Senior Manager to lead the Auto Loss Forecasting function responsible for the development, execution, governance, and communication of loss forecasts supporting allowance, planning, stress testing, and risk management activities. This role provides strategic leadership over forecast production and portfolio analytics while partnering closely with Finance, Credit Risk, Model Risk Management, Technology, and business leaders. The Manager is accountable for delivering timely, accurate, and well-governed forecasts, providing insight into emerging portfolio trends, and ensuring the organization meets regulatory, audit, and executive reporting expectations. Learn more about our career areas and business divisionsat wellsfargojobs.com.

In this role, you will:

• Lead a team responsible for Auto loss forecasting, portfolio analysis, and forecast execution.
• Oversee end-to-end forecast production across monthly, quarterly, annual planning, and stress testing exercises.
• Ensure forecasts are delivered accurately, transparently, and within established timelines and governance requirements.
• Communicate forecast results, key drivers, risks, and uncertainties to senior leadership and executive stakeholders.
• Serve as a primary contact for Auto Loss Forecasting across Risk, Finance, Technology, and business organizations.
• Partner with Finance to support reserve, planning, budgeting, and earnings-related processes.
• Challenge forecast assumptions, judgments, and methodologies to ensure analytical rigor and appropriate risk management.
• Identify emerging portfolio risks and translate complex analytics into actionable business insights.
• Lead responses to model governance reviews, validation activities, regulatory examinations, and internal audits.
• Drive alignment across cross-functional stakeholders involved in forecasting, including Risk, Finance, Technology, Data, and business partners.
• Oversee forecasting infrastructure priorities and technology enhancements that improve scalability, transparency, and efficiency.
• Develop and coach forecasting talent while building organizational capabilities and succession plans.
• Leadership Expectations
• Create a culture of accountability, collaboration, and continuous improvement.
• Influence decisions across organizations without relying solely on direct authority.
• Build strong partnerships with stakeholders at all levels of the organization.
• Balance delivery of near-term business commitments with ongoing enhancement of forecasting capabilities.
• Foster an environment that encourages critical thinking, independent challenge, and sound risk management.

Required Qualifications:

• 7+ years of Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 3+ years of management or leadership experience

Desired Qualifications:

• Significant experience in consumer credit risk, forecasting, portfolio analytics, finance, or related quantitative disciplines.
• Experience leading teams responsible for forecast production, credit analytics, risk management, or related functions.
• Demonstrated ability to communicate complex analytical concepts to executive audiences.
• Experience working within a highly governed environment involving regulatory, audit, or model risk management oversight.
• Proven ability to influence decisions and drive outcomes across multiple stakeholder groups.
• Strong quantitative, analytical, and problem-solving skills.
• Experience managing multiple priorities and delivering results under demanding timelines.
• Experience with Auto lending portfolios and consumer credit products.
• Experience supporting CECL/ACL, stress testing, or enterprise planning processes.
• Knowledge of loss forecasting methodologies and portfolio performance drivers.
• Experience partnering with Model Risk Management, Validation, Internal Audit, and regulatory stakeholders.
• Advanced degree in a quantitative field such as Statistics, Economics, Mathematics, Finance, Data Science, Engineering, or a related discipline..

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.

Posting End Date:

*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.