Lead Credit Risk Officer

Wells Fargo•Charlotte, NC

7d•Hybrid

About The Position

Wells Fargo is seeking a Lead Credit Risk Officer in the Credit Risk department within Corporate Risk. The position provides senior credit officers, Chief Risk Officers, the Chief Financial Officer, and other business partners with insights into the Wholesale credit portfolio and proactive, forward-looking analysis. This work supports emerging risk identification and impact quantification, portfolio performance forecasting, loss mitigation, and concentration and limits management. The role leads complex, potentially cross-functional initiatives and helps drive the company’s credit culture and business performance. It develops long-term, large-scale solutions requiring advanced analytical thinking and coordination, monitors portfolio and market conditions, and provides stakeholders with subject matter expertise and transparent analysis. The position currently offers a hybrid schedule and must be performed at an approved location listed in the posting. It is not eligible for visa sponsorship.

Requirements

At least 5 years of Credit Risk experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these.
Ability to work at an approved location listed in the job posting.
The position is not eligible for visa sponsorship.

Nice To Haves

Five years of related experience, preferably including credit risk, markets, credit research, or portfolio management.
Strong commercial credit analysis skills.
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 the 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.
Bachelor’s degree or higher in finance, accounting, business, or a quantitative discipline.

Responsibilities

Lead complex initiatives, including cross-functional initiatives with broad impact, and act as a key participant in driving the company’s credit culture and business performance for Credit Risk.
Deliver long-term, large-scale solutions requiring vision, creativity, innovation, advanced analytical and inductive thinking, coordination of complex activities, and guidance to others.
Monitor portfolio, financial, market, and economic data and assess impacts on 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 impact earnings and capital, and develop risk-mitigating strategies in partnership with CRO organizations.
Provide credible challenge of line-of-business credit products, programs, and policies.
Support 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.
Follow applicable Wells Fargo risk and compliance policies and procedures, fulfill risk and compliance obligations, and escalate and remediate issues effectively and in a timely manner.