Vice President, MFG Client Due Diligence, CCRADD

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Vice President, MFG Client Due Diligence, CCRADD

senior · Risk & Compliance

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

Markets provides solutions to clients with the means to manage their exposure through various derivatives, lending and cash products across Structured Products Group, Rates, Equities, Foreign Exchange, Municipal Products Group, Credit Sales & Trading.

About this role:

Wells Fargo is seeking a Client Due Diligence Analyst to join the Consumer Compliance Risk Assessment & Due Diligence (CCRADD) team. This role is responsible for performing periodic, primarily on-site due diligence reviews of Wells Fargo lending clients and supporting due diligence reviews of prospective clients. The role evaluates operational, financial, regulatory, and reputational risks associated with mortgage origination, mortgage servicing, single-family rental, business‑purpose lending, builder and ground‑up construction lending, and specialty consumer finance platforms, and reports findings to the CCRADD team and related stakeholders.

The Analyst supports credit decisioning, renewals, and portfolio monitoring by assessing client compliance with operating and financial covenants, evaluating the quality, integrity, and performance of mortgage‑related collateral and receivables, and identifying risk trends that may impact client performance, liquidity, or credit posture.

In this role, you will:

• Perform periodic on-site due diligence reviews of existing mortgage and specialty lending clients in accordance with established CCRADD procedures, review schedules, and risk frameworks
• Participate in on-site and remote due diligence reviews of prospective mortgage originators, servicers, SFR operators, BPL lenders, and builder construction lenders, including pre‑review planning, execution, and reporting
• Tailor review scope based on client business model, loan products, servicing profile, collateral composition, and credit exposure
• Assess mortgage origination practices, including underwriting standards, credit policies, appraisal processes, quality control frameworks, and exception management
• Evaluate compliance with applicable regulatory and investor requirements (e.g., consumer protection, licensing, servicing transfer readiness, and loan documentation standards)
• Review loan production pipelines, funding mechanics, repurchase exposure, and early payment default trends
• Evaluate mortgage servicing operations, including payment processing, escrow administration, default management, loss mitigation, foreclosure workflows, and servicing transfers
• Assess servicing controls related to data integrity, loan boarding, investor reporting, custodial relationships, and servicing advance management
• Review portfolio performance metrics, delinquency trends, modification activity, and servicing compliance practices
• Evaluate the quality, eligibility, and performance of collateral and receivables supporting Wells Fargo credit facilities
• Test controls around collateral reporting, loan‑level data accuracy, eligibility determinations, and compliance with financing agreements
• Review advance formulas, concentration limits, ineligibility tracking, and collateral reconciliation processes
• Assess single‑family rental Specialty Lending Focus (SFR) platforms, including acquisition strategies, property management oversight, rent collection processes, and valuation controls
• Review business‑purpose lending (BPL) programs, including borrower underwriting, collateral evaluation, DSCR methodologies, and covenant compliance
• Evaluate builder and ground‑up construction loan portfolios, including draw controls, inspection processes, cost‑to‑complete tracking, and interest reserve management
• Identify emerging risk trends, control gaps, covenant breaches, or performance concerns that may warrant escalation, enhanced monitoring, or follow‑up reviews
• Complete and document testing and observations using standardized CCRADD due diligence templates, workpapers, and supporting evidence
• Prepare clear, well‑supported written due diligence reports and executive summaries for CCRADD management and credit stakeholders
• Communicate findings, key observations, and risk considerations to internal stakeholders, including CCRADD leadership, relationship teams, and credit partners
• Provide recommendations to enhance due diligence methodologies, procedures, and risk coverage
• Support an annual due diligence cadence of approximately 20–25 client engagements annually, depending on complexity, product mix, servicing profile, and overall risk exposure

Required Qualifications:

• 5+ years of Client Due Diligence, consumer finance, operational risk, or audit/financial management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Experience in client due diligence, mortgage credit analysis, servicing oversight, audit, compliance, or risk management
• Working knowledge of mortgage origination, mortgage servicing, SFR, business‑purpose lending, and/or construction lending preferred
• Strong analytical skills with the ability to evaluate mortgage business processes, operational controls, financials and risk exposure
• Ability and willingness to conduct on‑site client reviews, including travel
• Strong written and verbal communication skills, with experience preparing professional, risk‑based reports
• Ability to work independently, exercise sound judgment, and escalate issues appropriately
• Bachelor’s degree or equivalent relevant professional experience

Job Expectations:

• Position supports Wells Fargo’s Consumer Compliance Risk Assessment & Due Diligence (CCRADD) function within the Structured Products Group
• Role requires close coordination with internal stakeholders across credit, compliance, risk, and relationship management
• Primarily an on‑site execution role, with limited remote components based on review scope, client profile, and risk considerations
• Ability to travel as needed (estimated 25% or more)
• Willingness to work on-site in accordance with current office requirements
• Ability to work additional hours as needed
• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
• Specific compliance policies may apply regarding outside activities 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.

Posting Locations:

• 550 S. Tryon St. - Charlotte, North Carolina 28202

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.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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.