Senior Lead Credit Risk and Approval Officer - Corporate and Investment Banking Risk

Wells Fargo Bank•Charlotte, NC

29d•$215,000 - $355,000•Hybrid

About The Position

Wells Fargo is seeking a Senior Lead Credit Risk & Approval Officer that approves, monitors and manages the credit exposure within the Corporate & Investment Banking Commercial Real Estate ("CRE") portfolios. In this role, you will: Partner with senior LOB and Credit Risk managers to develop appropriate business strategies and targets for the region / business unit and provide leadership toward the implementation of the strategy. Provide a commercial approach to the business balancing market realities with appropriate risk management. Maintain appropriate credit quality and portfolio health through proper, timely and thoughtful credit risk decisions, recommendations, and approvals. Identify and manage portfolio trends, portfolio risks and concentrations. Ensure timely and accurate approvals, portfolio monitoring and reporting, risk rating grading changes and certifications, problem loan management, and non-accrual and loss identification and forecasting. Bring appropriate team members (inside and outside the LOB) into the deal approval process. Assist the relationship management teams in providing clear and concise recommendations and analysis for distribution up the approval chain. Assist and support business units in their efforts to prepare for and achieve satisfactory exams from RAR, OCC, Audit, etc. Reinforce Wells Fargo’s strong credit culture and strengthen team member engagement across the region. Train and develop team members to ensure a strong pipeline of diverse future leadership talent at all levels of the organization. Play an active role in knowing and supporting the customer by attending customer meetings. Develop an expertise in the geographies / markets covered by actively participating in the local real estate community and industry organizations. Engage and influence stakeholders, internal partners, and peers associated with analyzing new business products and prospects. Identify and recommend opportunities for approving loans and partner on structuring pricing and documentation for loan transactions of large size. Determine appropriate strategy and actions of Credit Risk team to meet moderate to high-risk deliverables. Collaborate and influence all levels of professionals including more experienced managers. Interact with internal and external customers. Develop and guide a culture of talent development to meet business objectives and strategy.

Requirements

7+ years of Credit Risk & Approval experience or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

A BS/BA degree or higher in accounting, finance, or economics
Proven knowledge of commercial real estate, capital markets and related industries.
Prior real estate loan workout experience.
Strong credit analysis skills
Excellent verbal, written and interpersonal communication skills.
Confirmed ability to be a thought leader in a large matrix organization.
Consistent success in making sound business and credit decisions.
Consistent ability to ensure team member alignment with business strategies and risk appetite.
Demonstrated success making deals and building relationships.
Deep understanding of Wells Fargo’s Commercial Real Estate (CRE) lending philosophy and credit culture.

Responsibilities

Partner with senior LOB and Credit Risk managers to develop appropriate business strategies and targets for the region / business unit and provide leadership toward the implementation of the strategy.
Provide a commercial approach to the business balancing market realities with appropriate risk management.
Maintain appropriate credit quality and portfolio health through proper, timely and thoughtful credit risk decisions, recommendations, and approvals.
Identify and manage portfolio trends, portfolio risks and concentrations.
Ensure timely and accurate approvals, portfolio monitoring and reporting, risk rating grading changes and certifications, problem loan management, and non-accrual and loss identification and forecasting.
Bring appropriate team members (inside and outside the LOB) into the deal approval process.
Assist the relationship management teams in providing clear and concise recommendations and analysis for distribution up the approval chain.
Assist and support business units in their efforts to prepare for and achieve satisfactory exams from RAR, OCC, Audit, etc.
Reinforce Wells Fargo’s strong credit culture and strengthen team member engagement across the region.
Train and develop team members to ensure a strong pipeline of diverse future leadership talent at all levels of the organization.
Play an active role in knowing and supporting the customer by attending customer meetings.
Develop an expertise in the geographies / markets covered by actively participating in the local real estate community and industry organizations.
Engage and influence stakeholders, internal partners, and peers associated with analyzing new business products and prospects.
Identify and recommend opportunities for approving loans and partner on structuring pricing and documentation for loan transactions of large size.
Determine appropriate strategy and actions of Credit Risk team to meet moderate to high-risk deliverables.
Collaborate and influence all levels of professionals including more experienced managers.
Interact with internal and external customers.
Develop and guide a culture of talent development to meet business objectives and strategy.