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    Lead Credit Risk Officer - Charlotte, United States - WELLS FARGO BANK

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    Full time
    Description
    Job Description

    At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

    About this role:

    Wells Fargo is seeking a Lead Credit Risk Officer for the Credit Risk department within Corporate Risk to provide senior credit officers, Chief Risk Officer (CROs), the Chief Credit Officer (CCO) and various other business partners with insights into the Wholesale credit portfolio and proactive, forward-looking in-depth analysis in support of emerging risk identification and impact quantification, portfolio performance forecasting, loss mitigation, and concentrations and limits management.

    In this role, you will:
    • Lead complex initiatives including those that are cross-functional with broad impact and act as key participant in driving the company credit culture, desire, and business performance for Credit Risk
    • 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 portfolio, financial, market and economic data and assess the impact to credit fundamentals
    • Develop and deploy analytical tools to identify, analyze and monitor single name, sector, concentration, and portfolio risks
    • Monitor, assess and report on asset quality, portfolio trends and credit policy exception trends
    • Identify emerging credit risks and correlated risk pools that could potentially impact earnings and capital. Develop risk mitigating strategies in partnership with CRO organizations
    • Develop and implement Business as Usual (BAU) stress testing procedures that inform risk identification and risk appetite
    • Provide credible challenge of line of business credit products, programs, and policies
    • Support the Business Loss Forecast (BLF), Current Expected Credit Losses (CECL) and Comprehensive Capital Analysis and Review (CCAR) processes, credit migration management, and concentration management with credit research
    • Provide key stakeholders with subject matter expertise and reliable, transparent analysis and reporting
    Required Qualifications, US:
    • 5+ years of Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
    Desired Qualifications:
    • 5 years of related experience preferably to include credit risk, markets, credit research or portfolio management
    • Ability to assess the quality of lending and ongoing management of credit risk within the Bank, including adherence to risk appetite, credit policy and regulations
    • Strong commercial credit analysis skillset with commercial real estate experience a plus
    • Ability to present complex material in a digestible, consumable manner to all levels of management
    • Advanced Microsoft Excel skills
    • Outstanding problem solving and analytical skills with ability to turn findings into strategic imperatives
    • Strong knowledge of debt markets, debt instruments and commercial loan products
    • Experience with corporate credit relative value and market-based pricing a plus
    • Bachelor degree or higher in finance, accounting, business or quantitative discipline
    Posting Locations:
    • 401 S. Tryon Street - Charlotte, North Carolina
    • 600 Wells Fargo - Minneapolis, Minnesota
    • 7001 Westown Parkway - West Des Moines, Iowa
    • 250 E John Carpenter Frwy - Irving, Texas
    • 114 N. Beaumont Street - Saint Louis, Missouri
    • 1150 W. Washington - Tempe, Arizona
    Job Expectations:
    • Ability to work at one of the approved locations in the job posting.
    • This position offers a hybrid work schedule.
    Posting End Date:
    12 Jun 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.

    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.


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