Lead Credit Risk Officer | Commercial Credit Risk

Wells Fargo•Minneapolis, MN

1d•$139,000 - $239,000•Hybrid

About The Position

Wells Fargo is seeking a Lead Credit Risk Officer within Commercial Credit Risk, part of Corporate Risk. The role supports the Risk Rating Methodology team in Wholesale Credit Risk. The team manages Wells Fargo’s commercial risk rating framework, including development and refinement of methodologies and grids for commercial credit exposures. It oversees commercial business risk rating methodologies through data analysis, policy and process approval, risk-rating tool and application training, usage monitoring, subject matter expert support, and issue tracking and resolution. The Lead Credit Risk Officer leads methodology development and refinement, analyzes risk-rating data, provides subject matter expertise and effective challenge, evaluates methodology usage and performance, and drives issues to resolution. The position also supports technology requirements and implementation, leads cross-functional initiatives and governance processes, recommends policy and procedure changes, supports responses to review, audit, and regulatory findings, and presents topics and recommendations to senior management and regulators. The position follows a hybrid work model: employees work from a Wells Fargo facility at least four days per week and may work remotely one day per week. The role must be based at one of the approved locations: Charlotte, North Carolina; Minneapolis, Minnesota; Irving, Texas; or West Des Moines, Iowa. Relocation assistance is not available, and the position 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.
Ability to work at one of the approved locations listed in the posting.
Willingness to comply with the hybrid work model, working at a Wells Fargo facility at least four days per week and remotely one day per week.

Nice To Haves

Structured products and/or commercial real estate experience.
Credit risk, commercial underwriting, commercial loan review, portfolio management, or related financial services experience.
Strong analytical skills, including interpreting data and translating findings into actionable recommendations.
Experience communicating complex issues, risks, and recommendations to senior leaders.
Strong project management skills and ability to manage multiple priorities.
Experience facilitating meetings and leading cross-functional initiatives.
Advanced Microsoft Office skills, particularly Excel and PowerPoint.
Excellent written, verbal, and interpersonal communication skills.

Responsibilities

Lead the development and refinement of commercial credit risk rating methodologies, grids, and guidance.
Analyze risk-rating data, identify trends and issues, and develop recommendations for senior management.
Provide subject matter expertise and effective challenge related to risk-rating policies, methodologies, tools, and procedures.
Evaluate the usage and performance of risk-rating methodologies and drive identified issues through resolution.
Develop business requirements and support technology implementation, testing, and rollout of new or enhanced risk-rating tools.
Lead cross-functional initiatives and governance processes involving business, risk, technology, and other stakeholders.
Analyze and recommend changes to business risk-rating policies and procedures.
Build partnerships across the organization to promote consistency with enterprise risk-rating policies and practices.
Support resolution of findings and recommendations from Credit Review, Internal Audit, and regulatory agencies.
Develop and present risk-rating topics, findings, and recommendations to senior management and regulators.