Commercial Credit Officer 4

Job DescriptionImportant Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.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.As the company's second line of defense, Corporate Risk — or Independent Risk Management — provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework (https://portal.teamworks.wellsfargo.net/rc/CorporateRisk/Pages/riskmgmtfrmwk.aspx) and ensure all employees understand their individual accountability for managing risk.Corporate RiskCorporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk. The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.Wealth & Investment Management Chief Risk Officer TeamThe Wealth & Investment Chief Risk Officer (CRO) team has primary accountability for overseeing all risks types related to the Wealth & Investment Management (WIM) business. The WIM CRO team provides independent, holistic risk leadership and oversight of the business, creating streamlined interaction with independent risk management and a comprehensive view of risks across each of the businesses.The RoleReporting to the WIM Head of Credit, the WIM Credit Officer will be responsible for managing lending activities for a Wealth Management region and/or product. The WIM Credit Officer will collaborate with Custom Credit Bankers, lending support teams, WIM leaders and senior members of the WIM Credit team to review and decision loan requests above the front line approval authority. Specific responsibilities include:Working in collaboration with regional leadership to effectively and prudently grow the loan portfolio;

Reviewing, challenging and approving loans in excess of front line credit officer authority levels;

Ensuring conformity with bank policies, risk appetite and procedures;

Developing guidance and advising/coaching partners on sound credit risk practices;

Monitoring delinquency, loss and risk rating accuracy across all assigned regions and/or products;

Preparation of Reports to document Portfolio Performance and Trends

Assisting relationship managers and local credit teams with structuring, pricing and documentation of larger or more complex commercial loan transactions;

Monitoring and reviewing loan underwriting and portfolio management for senior management/regulatory agency review;

Analyzing new business prospects including partnering with colleagues in developing relationships with clients and potential clients; and

Acting as a technical expert for partners on credit risk.

Required Qualifications12+ years of lending experience

Desired QualificationsExcellent verbal, written, and interpersonal communication skills

Ability to meet stringent deadlines

Strong organizational, multi-tasking, and prioritizing skills

Ability to work in a fast paced deadline driven environment

Ability to prepare presentations, management reporting, and statistical analysis

Ability to quickly establish credibility to build and maintain effective working relationships

Ability to provide oversight and guidance on escalated issues

Other Desired QualificationsThis is an exceptional opportunity for a self-directed lending professional who has a documented history of providing value to a senior management team. Given the significant responsibilities of this position, the ideal candidate should possess:12+ years of experience underwriting and managing complex credit such as private banking, commercial and/or commercial real estate loans;

Proficient in credit approvals

Strong experience in portfolio reporting and portfolio servicing

5+ years of experience approving credit in a private banking environment;

Experience with Private Equity, Hedge Fund, and Alternative Investments

Experience with analyzing large and/or complex loan transactions;

Proven success in coaching, advising and influencing banking employees and regional leaders on credit/risk policy and practice;

Demonstrated leadership capability, including the ability to interpret and convey complex issues in a positive, persuasive and informative manner;

Well-developed/proven leadership, managerial, project management and planning skills;

Superb interpersonal, written and verbal communication skills; and the ability to travel regionally and overnight.

Advanced education in the form of MBA, MS-Finance; formal credit training; an understanding of complex estate structures

Strong analytical experience; data reporting, mining

Strong experience working with Tableau, Excel and PowerPoint

Strong experience with creating presentation decks

Job ExpectationsAbility to travel up to 25% of the time

Salary InformationTo be determinedStreet AddressAZ-PHX-Central Phoenix: 100 W Washington St - Phoenix, AZIA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IASC-Fort Mill: 3480 State View Blvd - Fort Mill, SCAZ-Chandler: 2700 S Price Rd - Chandler, AZMN-Minneapolis: 2650 Wells Fargo Way - Minneapolis, MNAZ-PHX-Northwest Phoenix: 2222 W Rose Garden Ln - Phoenix, AZTX-Irving: 250 E John Carpenter Freeway - Irving, TXMN-Saint Louis Park: 435 Ford Rd - Saint Louis Park, MNMN-Minneapolis: 600 S 4th St - Minneapolis, MNNC-Charlotte: 128 South Tryon Street - Charlotte, NCTX-Plano: 4975 Preston Park Blvd - Plano, TXTX-DAL-Downtown Dallas: 1445 Ross Ave - Dallas, TXNC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NCNC-Charlotte: 401 S Tryon St - Charlotte, NCNC-Charlotte: 301 S College St - Charlotte, NCMO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MOIA-Des Moines: 206 8th St - DES MOINES, IADisclaimerAll offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.Relevant military experience is considered for veterans and transitioning service men and women.Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.Benefits SummaryBenefitsVisit https://www.wellsfargo.com/about/careers/benefits for benefits information.Company: Wells FargoReq Number: 5590442-18Updated: 2021-08-15 18:10:40.102 UTCLocation: DES MOINES,IA