Credit Risk & Approval Director - Consumer Banking

Wells Fargo•Irving, TX

About The Position

Wells Fargo is seeking a Credit Risk Director in its Independent Risk Management organization and second line of defense. The role provides independent oversight of Consumer Banking deposit products, primarily focusing on new-account onboarding, account approval practices, overdraft risk and recovery, and portfolio performance. The director works with business, product, operations, compliance, legal, fraud, and risk partners to support responsible growth and ensure risks are identified, assessed, monitored, and managed. The role also provides strategic insights to senior leaders and governance committees about deposit credit risk, emerging risks, risk trends, and portfolio performance. The director leads and develops a team of risk professionals and fosters a high-performing culture centered on accountability, risk discipline, talent development, and continuous improvement. The role is based at one of the preferred locations in Charlotte, North Carolina, or Irving, Texas. Travel of up to 10% is expected. Relocation assistance is not available, and the position is not eligible for visa sponsorship.

Requirements

10+ years of Credit Risk or lending experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination.
4+ years of management or leadership experience.

Nice To Haves

Strategic thinking and ability to align decisions with business goals.
Broad understanding of deposit fraud risks, including internal and external fraud types.
Knowledge and experience with end-to-end consumer and small business deposit products across product management and the customer lifecycle.
Ability to manage and prioritize multiple initiatives while applying critical thinking to describe multiple risks as a single risk landscape.
Ability to develop and manage business relationships while interacting with all levels of an organization.
Strong project management, organizational, multitasking, and prioritization skills.
Strong analytical skills and high attention to detail and accuracy.
Strong business and risk acumen.
Experience overseeing models through the model risk management lifecycle.
Knowledge and understanding of evolving regulatory environments and governance processes.
Advanced Microsoft Office skills.
Excellent verbal, written, and interpersonal communication skills.
Ability to work in a fast-paced, deadline-driven environment while meeting stringent deadlines.

Responsibilities

Provide independent second-line credit risk oversight for Consumer Banking deposit products, focusing on customer acquisition, onboarding strategies, account approval practices, and portfolio performance.
Lead and develop a team of risk professionals responsible for independent oversight of Consumer Banking deposit products.
Oversee deposit credit risk exposures, including overdraft strategies, customer eligibility criteria, and account-opening risk.
Evaluate business strategies, growth initiatives, and product enhancements to ensure risks are appropriately identified, assessed, and managed.
Oversee loss forecasts, strategy changes, portfolio trends, key assumptions, and emerging risk indicators.
Oversee credit risk governance and policy frameworks to ensure alignment with regulatory expectations and enterprise risk standards.
Partner with Product, Operations, Fraud, Compliance, Legal, and Business teams to drive sound risk-based decisions and effective risk management practices.
Provide strategic insights to senior leaders and governance committees regarding deposit credit risk, emerging risks, risk trends, and portfolio performance.
Communicate a clear view of the deposit credit risk landscape, including material risks, emerging issues, and portfolio performance.
Influence senior executives and governance committees through credible challenge, strategic insights, and effective risk communication.
Deliver thought leadership on changes in business operations and their corresponding impacts on the organization’s risk profile.
Foster a high-performing culture focused on accountability, risk discipline, talent development, and continuous improvement.