**About this role:**

Wells Fargo is seeking a Principal Credit Risk & Approval Officer to report to the Head of Commercial Real Estate Credit Risk and Approval Executive.

A successful candidate will leverage their experience and knowledge of risk management, business functions, products, and services to provide independent, holistic credit leadership and oversight of the business. This role will provide business loss forecasting as well as reporting for both, quarterly business review and relationship concentration. They will monitor and review loan underwriting and portfolio management performance, analyze new business prospects, and support strategic initiatives of the relevant business lines. The role may regularly assist in presenting to senior management in on the credit risk position of the business.

**In this role, you will:**

+ Manage, coordinate, and administer credit-related issues remediation activities including Regulatory, Audit, RAR, RCSA and other self-identified Issues including the preparation of Issues reporting.

+ Assist leadership in the preparation of materials for Regulatory and Senior Management interactions.

+ Provide credit subject-matter-expertise in preparation for Regulatory examinations. Manage various projects and initiatives on behalf of leadership.

+ Provide subject-matter-expertise in the review of Credit Policies, Credit Procedures, and related Credit processes.

+ Assist with the preparation of Credit Committee materials.

+ Thought leader for credit process change and efficiencies. Liaison to Audit, Senior Credit Risk Officers, Front Line Credit Portfolio and Relationship managers and Governance & Control Officers.

+ Lead engagement for all enterprise risk programs on behalf of CRE Risk.

+ Working directly with lines of business to ensure all recommendations where second line has challenge (Loss Forecasting, IMTV) are supported prior to review and to lead Risk based engagements where group wide review are required (Risk Measurement annual refresh, Enterprise Risk Identification and Assessment).

+ Assisting in monitoring the covered portfolio in line with our risk appetite, the broader needs of Wells Fargo and our oversight responsibilities including providing credible challenge as appropriate.

**Required Qualifications:**

+ 10+ years of Credit Risk & Approval or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

**Desired Qualifications:**

+ 10+ years of Commercial Real Estate experience in either a Front Line or Second Line capacity

+ Previous experience working with Audit, Control & Compliance in the creation, maintenance and testing of controls.

+ Former Enterprise Programs, RCSA and/or regulatory relations experience.

+ Strong knowledge and understanding of enterprise credit policy.

+ SharePoint experience

**Posting Locations:**

+ 401 S. Tryon Street - Charlotte, North Carolina

+ 1445 Ross Ave - Dallas, Texas

+ 800 S. Jordan Creek Pkwy - West Des Moines, Iowa

+ 600 S. 4th Street - Minneapolis, Minnesota

+ 1150 W. Washington - Tempe, Arizona

+ 150 E. 42nd Street - New York, New York

+ 171 17th Street NW Building 100 - Atlanta, Georgia

+ 10 S. Wacker - Chicago, Illinois

**Job Expectations:**

+ This position currently offers a hybrid work schedule

+ Willingness to work on-site at stated location on the job opening

+ This position is not eligible for VISA sponsorship

+ This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

**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.

$207,900.00 - $431,900.00

**Benefits**

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.

+ Health benefits

+ 401(k) Plan

+ Paid time off

+ Disability benefits

+ Life insurance, critical illness insurance, and accident insurance

+ Parental leave

+ Critical caregiving leave

+ Discounts and savings

+ Commuter benefits

+ Tuition reimbursement

+ Scholarships for dependent children

+ Adoption reimbursement

**Posting End Date:**

30 Oct 2024

***** **_Job posting may come down early due to volume of applicants._**

**We Value Diversity**

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

**Applicants with Disabilities**

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .

**Drug and Alcohol Policy**

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-drug-and-alcohol-policy) to learn more.

**Wells Fargo Recruitment and Hiring Requirements:**

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

**Req Number:** R-404775