Jobs and Careers

Lead Credit Risk & Approval Officer - Commercial Banking

United Statesfull_timeVerifiedPosted 4 Apr 2025

💰 $300,000/yr($144,400/yr – $300,000/yr)

About the role

About this role:

Wells Fargo is seeking a Lead Credit Risk & Approval Officer to become part of Wells Fargo's second line of defense and Independent Risk Management team to monitor and manage the credit exposure within the Asset Based Lending portfolio and approve loans in excess of front line authority levels, continually review counterparty credit-worthiness, and develop credit exposure methodologies in conjunction with risk analytic systems that are aligned with Board-approved risk appetite.

In this role, you will:

Lead complex initiatives including those that are cross-functional with broad impact
Act as key participant in monitoring and reviewing group loans, underwriting, and portfolio management performance for Credit Risk & Approval
Review and analyze complex multi-faceted, larger scale, or longer term business, operational, or technical challenges
Provide in-depth evaluation of multiple factors including structuring, pricing, and documentation
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
Interact with internal and external customers

Required Qualifications:

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

Desired Qualifications:

5+ years of Asset Based Lending experience
Exceptionally skilled at developing partnerships and collaborating with other businesses and functional areas
Keen analytical and problem-solving skills with ability to identify and evaluate trends, isolate root causes, recommend effective solutions, and present to multiple levels of management
Strong risk acumen to include experience with Risk Control Self-Assessment (RCSA) or equivalent
Excellent verbal, written, and interpersonal communication skills
Ability to work in a fast-paced deadline driven environment
Energetic, quick learner, positive attitude, self-motivated
Ability to work independently, organizing and managing multiple priorities

Posting Locations:

10 S. Wacker - Chicago, Illinois
14241 Dallas Pkwy Ste 1300 - Dallas, Texas

Job Expectations:

This position currently offers a hybrid work schedule.
Willingness to work on-site at a stated location in the job opening.
This position is not eligible for VISA sponsorship.
Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Salary is just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs).

$144,400.00 - $300,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.