Senior Risk Asset Review Examination Specialist | Risk Asset Review

Wells Fargo Bank•Charlotte, NC

2d•$100,000 - $179,000•Hybrid

About The Position

Wells Fargo is seeking a Senior Risk Asset Review Specialist within Credit Risk as part of Corporate Risk. Credit Risk independently oversees the management of credit risk exposures and the quality of credit risk management practices across the company. This oversight extends to all phases of a loan’s life cycle. Credit Risk develops, maintains, and ensures adherence to companywide credit risk frameworks, policies, and procedures. Risk Asset Review (RAR) is the company’s internal loan review function and is foundational to the credit risk management function at Wells Fargo. RAR independently evaluates the quality of lending practices in the businesses and shares its findings with the Chief Credit Officer and line of business management. RAR reports all significant credit issues to members of the Allowance Approach and Allowance Approval Committees, Executive Management, and the Credit Committee of the Board of Directors.

Requirements

4+ years of Risk Asset Review experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Nice To Haves

4+ years recent experience working for a large U.S. bank or large regional U.S. bank in the role as an underwriter, portfolio manager, and/or relationship manager.
Exposure to large complex credits, including syndicated deals, leveraged loans, securities transactions, and asset-based lending facilities.
Good understanding of commercial real estate across various sectors.
Strong commercial credit analysis skills with high attention to detail and accuracy.
Ability to perform quantitative and qualitative analysis, and to document conclusions in an articulate and succinct manner.
Ability to review and interpret complex financial statements, commercial loan structures, and loan documentation.
Knowledge and proficiency in risk rating commercial credits.
Experience in exercising independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements in a variety of industries.
Experience in interacting with Audit, Legal, external agencies, and regulatory bodies on risk-related topics.
Good communication skills with the ability to communicate issues, risks, and proposed solutions effectively and succinctly, in both written and verbal formats, with senior leaders.
Excellent verbal, written, and interpersonal communication skills.
A BS/BA degree or higher in accounting, finance, or economics.
Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members.
Ability to execute in a fast paced, high demand, environment while balancing multiple priorities.
Ability to provide credible challenge and candor to peers.

Responsibilities

Lead or participate in moderately complex initiatives and deliverables within Risk Asset Review Examination.
Contribute, initiate, and recommend changes to the group's exam policies and standards.
Assess the lending practices of the company’s commercial loans and securities investments.
At times, serve as examiner-in-charge and direct a team of examiners that examines the company’s commercial lending businesses.
Ability to perform duties as an examiner-in-charge for complex lines of business, including large corporate, asset-based lending, and capital markets.
Interact with line of business senior management of complex lines of business.
Ability to communicate and influence RAR’s examination findings to line of business senior management.
Advise RAR management on ways to improve the examination process.
Serve as a resource on RAR’s examinations of Wells Fargo’s commercial lending businesses.
Evaluate credit administration practices, focuses on significant issues, and demonstrates sound credit judgment.
Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.