Lead Credit Risk & Approval Officer – Corporate and Investment Banking – Corporate Risk
| Company | Wells Fargo |
|---|---|
| Location | Washington, DC, USA, Charlotte, NC, USA, New York, NY, USA |
| Salary | $144400 – $300000 |
| Type | Full-Time |
| Degrees | |
| Experience Level | Senior |
Requirements
- 5+ years of Credit Risk & Approval or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
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.
Preferred Qualifications
- 5+ years of Commercial real estate lending experience.
- Prior real estate loan workout experience.
- Proven knowledge of the commercial real estate capital markets industry as well as related products and services.
- Deep understanding of Wells Fargo’s Commercial Real Estate (CRE) lending philosophy and credit culture.
- Confirmed ability to be a thought leader in a large matrix organization.
- Consistent success in making sound business, credit decisions and ability to ensure team member alignment with business strategies and risk appetite.
- Demonstrated success making deals and building relationships.
- Proven success developing, growing, and grooming future Wells Fargo business leaders.
- Existing knowledge of / experience in the local markets and or business units a plus.