Credit Risk & Approval Senior Manager - Commercial Banking

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

About this role:

Wells Fargo is seeking a Credit Risk & Approval Senior Manager who will be responsible for credit approvals in excess of the subordinate credit authority in the Middle Market line of business for the West Region within the Commercial Banking business in our Corporate Risk Organization.

In this role, you will:

• Monitor and review loan underwriting and portfolio management performance, analyze new business prospects, provide oversight of credit models and support strategic initiatives of the relevant business lines.
• Provide directives and guidance on credit limits for others and establish management and administrative procedures to ensure adherence to credit policies
• Approve credit in excess of subordinate credit authority
• Recommend credit for approval in excess of their authority
• Ensure appropriate underwriting and surveillance of all credit products within the portfolio
• Understand credit themes and trends in the portfolio and pipeline, along with the impact of those themes and trends
• Demonstrate and sponsor appropriate risk management and leadership behaviors in support of doing what is right for the customer, people as a competitive advantage, ethics, and diversity and inclusion initiatives
• Provide oversight of problem loan management including delinquency and collections
• Identify and escalate credit risk and control issues to the Group Senior Credit Officer with transparency, in a timely manner and in accordance with Company policies and procedures
• Implement the Risk Management Framework through promoting adoption of the Risk Operating Model, setting clear behavioral expectations for risk management, ensuring clearly defined roles and accountability, and promoting a sound control environment
• Drive the execution of remediation plans to close consent order and other regulatory commitments, as applicable
• Regularly present to senior management in Middle Market Banking, Commercial and Risk, Regulators, and internal and external shareholders
• Oversee and actively manage adherence to credit policy, as well as recommend appropriate revisions to credit policy to reflect strong practices and adherence to risk appetite
• Promote a strong risk management culture and discipline throughout the relevant business segments
• Lead a team of Credit Officers covering the West Region

Required Qualifications, US:

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

Desired Qualifications:

• 6+ years of experience within Commercial Banking lending, including credit supervision
• Demonstrated success driving transformation, continuous improvement, and efficiency, including the ability to manage and prioritize potentially competing objectives to achieve optimal customer, shareholder, and/or team member outcomes
• Proven communication skills with the ability to influence, develop, partner, and maintain collaborative relations at all levels within the organization and externally with customers, regulators, partners, and communities
• Proven experience successfully leading a line of business or corporate function in a business of comparable size, scale, complexity, and regulatory oversight
• Deep knowledge of the infrastructure needed to support a commercial business, leading-edge credit risk practices, and required end-to-end processes
• Strong process management
• Proven ability to foster constructive relationships with regulatory agencies, peers at other financial institutions, business leaders, and other internal risk management leaders/groups
• Demonstrated ability to operate independently and effectively build relationships within a matrixed environment to influence outcomes both within line of business and Corporate Risk
• Strong leadership and people management skills to lead a large and geographically dispersed organization. Evidence of ensuring team has the right capabilities and number of resources
• Results-driven approach to work
• Capable of working under great pressure with equanimity to manage a considerable volume of information and priorities
• Strong educational credentials with a Bachelor's degree in finance, accounting, or economics; Masters in the same subjects or M.B.A. preferred

Job Expectations:

• Up to 25% travel- Provide support to West region
• Relocation assistance is not available for this position

Posting Locations:

• 1150 W Washington St - Tempe, AZ
• 8601 N Scottsdale Rd Ste 100 - Scottsdale, AZ
• 5000 Riverside Rd - Irving, TX
• 600 S 4th Street - Minneapolis, MN
• 333 S Grand Ave - Los Angeles, CA

Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo employees.

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, or status as a protected veteran.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.