About this role:

Wells Fargo is seeking a strong, experienced Product Management leader to oversee the team responsible for managing and improving the POS Financing product, offers, integration with partners and financial performance within Personal Lending.

Wells Fargo’s Consumer Lending businesses empower millions of customers to achieve their dreams every day. Whether it’s buying a home, purchasing a car, funding a significant purchase, or making important daily credit card purchases, Consumer Lending provides important credit products and services that help our customers succeed. The group includes Home Lending; Auto; Cards, Retail and Merchant Services; Personal Lending; Consumer Lending Control; and Consumer Lending Shared Services. Within Consumer Lending, the Personal Lending team is responsible for Personal Loans, Flex Loans and Point of Sale Financing. The Product Management team focused on product innovation, pricing, and portfolio financial performance. Learn more about the career areas and business divisions at wellsfargojobs.com.

In this role, you will:

• Manage and develop a team responsible for POS financing products, offers and integration strategies

• Develop or influence business plans, product requirements, roadmaps and investments, and evaluations of new product lines and product expansions

• Monitor and manage portfolio performance in partnership with Merchant teams, Credit Risk, Finance, Product Development, Analytics and other internal teams

• Serve as a “thought leader” surrounding the trends, issues and opportunities associated with our merchant portfolio

• Ongoing consumer and merchant segmentation analysis, behavior analysis and competitive market analysis

• Coordinate with other product managers within Personal Lending to identify and leverage cross product synergies

• Manage integrations, defining integration strategy, product needs and market position

• Identify opportunities for improvement across all P&L levers, helping to drive and implement those opportunities in collaboration with cross functional teams

Required Qualifications:

• 6+ years of Product Management, product development, strategic planning, process management, change delivery, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• 3+ years of Management experience

Desired Qualifications:

• Knowledge and understanding of providing financing through partnerships (e.g., Retails Services, POS Installment Lending or Personal Loans)

• In-depth experience in lending product management with P&L responsibilities

• Experience using data, insights, competitive insights and cost benefit analysis to drive decisions in a cross functional, matrixed organization

• Strong quantitative analysis to maximize performance metrics linked to lending P&L

• Leadership experience and ability to effectively manage and engage teams, drive results, navigate conflict, provide feedback/direction, and manage and build relationships with leaders and team members

• Outstanding problem solving and analytical skills with ability to turn findings into strategic imperatives

• Proven ability to lead during times of ambiguity and change

• Experience developing partnerships and collaborating with multiple stakeholders, businesses and functional areas and across all levels of the organization

• Proven ability to effectively influence, partner, and negotiate at all internal organizational levels to gain commitment to accomplish business goals

• Highly refined communicator, with experience presenting information in a manner that persuades, educates, and enhances understanding at all levels

• Strong risk management leadership skills

• A Masters of Business Administration (MBA), or another Master’s Degree or higher

Job Expectations:

• Ability to travel up to 25% of the time

• Willingness to work on-site at stated location on the job opening

• This position offers a hybrid work schedule

• This position is not eligible for Visa sponsorship

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

Locations:

• 801 Walnut St, Des Moines, IA 50309

• 550 S Tryon St, Charlotte, NC 28202

• 300 Highway 169 S, Minneapolis, MN 55426

Pay Range:

• 120,400.00- 287,600.00

Required locations listed above. Salary range is determined by location of the job.

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.

$120,400.00 - $250,000.00

Posting End Date:

8 Aug 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.