About this role:

Wells Fargo is seeking a Lead Business Rules Consultant reporting within the Risk Engine Management (REM) organization, this employee will support the mission to design and build automated Risk Engine business rule solutions that meet business needs while managing risk to the organization.  The employee will partner with key stakeholders to design innovative automated solutions, develop detailed rule requirements and rules that can be integrated into the business process and systems, and work to ensure quality implementation. 

Through partnership with key stakeholders, the position will help resolve business problems, help our partners serve customers, transform and simplify the mortgage origination processes, enforce Wells Fargo, investor, and regulatory policies through operational processes and controls and drive a consistent customer experience. Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will:

Create detailed rule requirements documentation and develop the rules for WF’s automated underwriting system (Risk Engine) and ensure that all integration points (policy, process, systems, data, testing, requirements and rules) and fully understood and addressed.Lead complex initiatives for business rules end to end work effort creation, sizing, forecasting, and execution impacting multiple technologies and businessesCreate schema definition and schema documentationParticipate in process and standards creation to optimize operational efficiencies or planning effortsReview and analyze business rules artifactsDevelop rules, data, documentation, protocol, testing approaches, testing tools, scripts, project framework, data modeling, and maintenance practices necessary to support the work effort and which conform to best practices and are compliantProvide escalation production support as neededMake decisions in complex situations requiring excellent understanding of requirements and design documents based on reviews of policy documents, subject matter expert interviews and system requirements documentsConsult with partners extensively throughout work effort to ensure alignment and optimal resultsMentor and direct peersCollaborate and consult with peers, colleagues and managers to resolve issues and achieve goalsWork to resolve production support for issues/defects by actively engaging through detailed research, partnering with key stakeholders and asking critical questions to understand the scenario, issue, interim process, initial impact assessment, resolution and root cause.Gather cross functional business resources to full understanding related business and credit policies, why the policy is changing, relation to other policies and controls needed to support them.Analyze origination or other related systems to understand how users interact with them, any calculations and transformation / field behavior logic, and downstream system impacts are cared for in final requirements and rules.

Required Qualifications

5+ years of Business Rules Documentation experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

Excellent problem-solving skills and the ability to thoroughly research and analyze options and impacts of solutions; consistently explore alternative approaches.Experience with performing business analysis, writing requirements, coding and testing business rules; ability to drive ambiguous business problems into effective solutions and recommendations.Preferred business rules management experience, specifically experience with CoBRRa applicationPreferred business rule and user interface testing experience, specifically with COREModerate knowledge of Wells Fargo Home Lending sales and/or operations processes or systems; ability to influence business process and design decisionsModerate knowledge and experience with automated underwriting tools (LPA, DU, HUD TOTAL Scorecard)Highly skilled with Microsoft Excel, Word, Power PointPreferred Agile Delivery team experiencePossess proficient oral and written communication skills with the ability to translate complex analysis and insights into relevant business discussions with diverse groups of leaders and organizations.Ability to evaluate processes and recommend/execute on new or revised processes.Ability to prioritize multiple initiatives, demonstrated ability to initiate work efforts in an independent mannerDemonstrated ability to collaborate and build trusting and respectful relationships within the team and with key business partners.  Resolve personal and team conflicts and disagreements that impact the effectiveness of the team in a constructive and tactful manner. Initiate actions independently to address unexpected problems or opportunities

Job Expectations:

This position offers a hybrid work scheduleThis position is not eligible for Visa sponsorship.This position requires compliance with all mortgage regulatory requirements and Wells Fargo's compliance policies related to these requirements including acceptable background check investigation results. Successful candidates must also meet ongoing regulatory requirements including additional screening and required reporting of certain incidents.

Posting locations:

600 S 4th St, MINNEAPOLIS, MN 55415800 S Jordan Creek Pkwy, WEST DES MOINES, IA 502661753 or 1751 Pinnacle Drive Mclean, VA1525 W W T Harris Blvd, CHARLOTTE, NC

Please Note: Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo.

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.

$84,000.00 - $164,400.00

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 benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursement

Posting End Date:

29 Oct 2024

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: 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.

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.