Matt Schaefer Email & Phone Number

West Des Moines, Iowa, United States

West Des Moines, Iowa, United States

• Team manages quarterly operational risk profile reporting for Board of Directors.
• Create monthly and quarterly Enterprise Risk & Control Committee risk profile summary reporting for Operational Risk.
• Worked with Subject Matter Experts across operational risk to determine, summarize and produce notable and emerging risks for escalation to the Chief Risk Officer.
• Create and produce reporting for COVID-19 related non-financial risks to provide to the Chief Operational Risk Officer, Chief Risk Officer and regulators.
• Produce monthly notable risk reporting and summary for the Enterprise Risk & Control Committee.

West Des Moines, Iowa, United States

• Manage monthly credit risk metric reporting process for all consumer lines of business in Wells Fargo. Work with the regulators and business partners to develop parameters and monitor expectations.
• Based on a high priority corrective action, developed high risk concentration assessment framework to better manage and limit credit concentration risk in the consumer portfolios.
• Represented consumer credit in the development of an Enterprise wide concentration risk framework, aggregation and cohort identification.
• Create committee materials for awareness and approval, including materials for the Board.
• Developed streamlined benchmarking reporting comparing Wells Fargo to peer groupings using credit bureau data across all consumer lines of business.

Des Moines, Iowa Area

• Develop and enhance data structure to allow risk strategies to exist using data across all Consumer Lending portfolios across Wells Fargo.
• Work with multiple lines of business to gather feedback to ensure usefulness of data structure and content.
• Work with credit bureaus to gather benchmark data and developed reporting across all consumer lines of business.
• Manage risk appetite process for consumer lines of business in Wells Fargo. Work with the OCC to develop parameters and monitor expectations.
• Subject matter expert for database that houses defensive litigation information across all the consumer lending businesses within Wells Fargo.

Develop, manage and implement default strategies for Home Mortgage portfolios.Manage strategies for both owned and serviced portfolios.

Portfolio Management for Home Equity and Credit Card Portfolio. Acquisition, account management and loss mitigation strategy.

Budgeting and Forecasting for the Retail Sales Finance Portfolio (private label credit cards). US and Canadian portfolio.

Mba

B.S., Finance & Economics

Economics