About this role:Wells Fargo is seeking a Lead Credit Risk & Approval Officer to become part of Wells Fargo's second line of defense and Independent Risk Management team, covers jobs that monitor and manage the credit exposure within Commercial Banking and Corporate & Investment Banking portfolios and transactions, approve loans in excess of line authority levels, continually review counterparty credit-worthiness, and develop credit exposure methodologies in conjunction with risk analytic systems that are aligned with Board-approved risk appetite.
In this role, you will:- Lead complex initiatives including those that are cross-functional with broad impact.
- Act as key participant in monitoring and reviewing group loans, underwriting, and portfolio management performance for Credit Risk & Approval.
- Review and analyze complex multi-faceted, larger scale, or longer-term business, operational, or technical challenges.
- Provide in-depth evaluation of multiple factors including structuring, pricing, and documentation.
- Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
- Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.
- Interact with internal and external customers.
Required Qualifications:- 5+ years of Credit Risk & Approval or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:- 5+ years of Commercial Banking experience.
- Exceptionally skilled at developing partnerships and collaborating with other businesses and functional areas.
- Keen analytical and problem-solving skills with ability to identify and evaluate trends, isolate root causes, recommend effective solutions, and present to multiple levels of management.
- Strong risk acumen to include experience with Risk Control Self-Assessment (RCSA) or equivalent risk management programs.
- Excellent verbal, written and interpersonal communication skills.
- MBA degree or equivalent experience in banking and finance.
- Advanced Microsoft Office (Word, PowerPoint, Excel, and Outlook) skills.
Posting Locations:- 401 S Tryon Street - Charlotte, North Carolina
Job Expectations:- Ability to work at the approved location in the job posting.
- This position currently offers a hybrid work schedule.
- Ability to travel up to 20% of the time.
- This position is not eligible for VISA sponsorship.
Pay RangeReflected 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.
$144,400.00 - $300,000.00
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 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
Posting End Date:3 Apr 2025
* Job posting may come down early due to volume of applicants. We Value DiversityAt 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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells 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.
