Job Description

About this role:

Wells Fargo is seeking a Senior Credit Risk & Approval Specialist to join CIB IRM supporting the Corporate Debt Finance (CDF) team.  Primary responsibilities include approving collateral submissions (individual leveraged loans), valuation adjustment events (VAE) for existing collateral positions and monitoring facilities, servicers, overall portfolio performance and loan market conditions.  Additional responsibilities include reviewing management reporting, assigned and ad-hoc project management.

In this role, you will:

• Make credit decisions using delegated authority and recommendations to higher authority for credit decisions above delegated authority
• Provide credible challenge for credit decisions and ensure compliance with CDF policies and procedures
• Be available and engaged to meet prescribed time frames for executing credit decisions in conformity with line of business requirements and business standards
• Review and analyze moderately complex loan transactions, business, operational, or technical challenges that require an in depth evaluation of loan underwriting and portfolio management performance and risk limits
• 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:

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

Desired Qualifications:

• A BS/BA degree or higher
• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Knowledge and understanding of credit: policy, compliance, and underwriting requirements
• Solid negotiation skills
• Strong relationship management, collaboration and partnering skills
• Ability to articulate and demonstrate strong leadership and influential skills while executing in a fast paced, high demand, environment in the midst of balancing multiple priorities
• Ability to negotiate, influence, and collaborate to build successful relationships
• Knowledge and understanding of loan portfolio management, problem loan resolution and workout situations

Posting Locations:

• 550 S. Tryon Street - Charlotte, North Carolina

Job Expectations:

• Required location listed above. Relocation assistance is not available for this position.
• This position currently offers a hybrid work schedule.
• 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.
• 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.

Posting End Date:

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

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit  Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our 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.

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