Senior Lead Credit Risk & Approval Officer - Commercial Banking

Wells Fargo•St. Louis, MO

3d•$215,000 - $355,000•Onsite

About The Position

Wells Fargo is seeking a Senior Lead Credit & Approval Officer on our second line of defense Independent Risk Management team. This team covers jobs that monitor and manage the credit exposure within Commercial Banking and Corporate & Investment Banking portfolios and transactions, approve loans in excess of line authority levels, continually review counterparty creditworthiness, and develop credit exposure methodologies in conjunction with risk analytic systems that are aligned with Board-approved risk appetite.

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

Experience in one or more of the following areas: Wealth Management Credit, Alternative assets/investment lending
Experience assisting credit teams with structuring, pricing and documentation of larger or more complex commercial loan transactions
Experience analyzing and approving complex assets and transactions
Private banking experience with ultra-high net worth
Deep and proven credit decision-making skills
Broad analytical experience across products, client profiles and structures
Ability to provide leadership during challenging risk discussions
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills
Strong organizational, multi-tasking, and prioritizing skills
Ability to quickly establish credibility to build and maintain effective working relationships

Responsibilities

Work in collaboration with regional leadership to effectively and prudently grow the loan portfolio
Review, challenge and approve loans in excess of front-line credit officer authority levels
Ensure conformity with bank policies, risk appetite and procedures
Develop guidance, advising and partnering with key Business stakeholders on sound credit risk practices
Monitor delinquency, loss and risk rating accuracy across all assigned regions and/or products
Analyze Portfolio Performance and Trends
Assist relationship managers and local credit teams with structuring, pricing and documentation of larger or more complex commercial loan transactions
Monitor and review loan underwriting and portfolio management for senior management/regulatory agency review
Advise more experienced leadership to provide support, oversight, and guidance in surveilling the portfolio for highly complex business and technical needs across groups
Lead the strategy and resolution of highly complex loan transactions and unique challenges
Deliver solutions that require vision, creativity, innovation, advanced analytical and inductive thinking
Coordinate and establish criteria to safeguard and support credit risk-based limits based on position, size, and margin requirements
Provide vision, direction, and expertise to more experienced leadership on implementing innovative and significant business solutions that are large-scale, cross-functional, or companywide strategies
Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
Serve as an experienced advisor to leadership to resolve issues and achieve goals
Interact with internal and external customers