Senior Lead Credit Risk Officer, Wells Fargo

Wells Fargo

Location:
United States, Charlotte ▼
Irving
Minneapolis
Saint Louis
Tempe
West Des Moines

Category:
Finance

Contract Type:
Employment contract

Salary:

144400.00 - 300000.00 USD / Year

Save Job

Job offer has expired

Job Description:

Wells Fargo is seeking a Senior Lead Credit Risk Officer as a part of Wells Fargo's second line of defense. The Independent Risk Management (IRM) team covers jobs which lead the design and management of a highly targeted independent credit review (oversight) capability to assess the quality of lending and ongoing management of credit risk within the Bank, including adherence to risk appetite, credit policy and regulation. May include jobs which approve and provide challenge to line of business credit products, programs, transactions, and policies, and participate in acquisition due diligence.

Job Responsibility:

Lead Roundtables and serve as a subject matter expert on specific lending topics
Understand, and clearly communicate, complex wholesale credit concepts
Build consensus for final approach on the topic
Write credit policies, with minimal oversight, so that it aligns with regulatory expectations and appropriately represents the bank’s risk appetite
Present policy topics to Group Senior Credit Officers (GSCOs) and Business-Aligned Chief Risk Officers to build consensus for Wholesale Credit Policies
Identify legacy content for appropriate disposition, and coordinate with legacy content owners to implement new framework
Ensure proper Line of Business implementation of, and adherence to, wholesale credit policies
Ensure proactive management of existing credit policies, procedures, and supporting documents
Address needed Risk Governance edits within policies
Identify improvement opportunities within policy, procedure, and surveillance
Ensure resolution of matters requiring attention from third party stakeholders
Provide accurate and timely answers to credit policy inquiries, from Credit Professionals and other stakeholders
Participate in recording, and content creation, of webcast supporting the quarterly Wholesale Credit Policy Publications
Provide perspective and feedback on various surveillance programs, such as the Credit Policy Exception (CPE) Program
Deliver solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to others
Monitor, assess and report on asset quality, portfolio trends and credit policy exception trends
Provide vision, direction, and expertise to senior leadership on implementing innovative and significant business solutions
Approve and provide challenge of line of business credit products, programs, and policies
Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
Collaborate with business for oversight of risk management
Interact with Audit, Legal, external agencies, and regulatory bodies on risk related topics
Work with internal and external customers

Requirements:

7+ years of Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Broad and deep understanding of wholesale credit underwriting, monitoring, and approval responsibilities, across multiple lines of businesses and lending types
Expert ability to communicate both orally and in writing to multiple constituents
Previous commercial banking or wholesale credit experience
Current or previous delegated credit approval authority
3+ years of management experience

Nice to have:

Previous commercial banking or wholesale credit experience
Current or previous delegated credit approval authority
3+ years of management experience

What we offer:

Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement

Additional Information:

Job Posted:
June 04, 2025

Expiration:
June 15, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

Senior Lead Credit Risk Officer