Job Description

**About this role:** Wells Fargo is seeking a Lead Credit Risk & Approval Officer in our Commercial Real-estate space to join our Risk team covering Multifamily Capital. 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 on the credit risk position of the business. This role will report directly to the Multifamily Capital Senior Credit Officer. **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 + Provide a commercial approach to the business balancing market realities with appropriate risk management. + Maintain appropriate credit quality and portfolio health through proper, timely and thoughtful credit risk decisions, recommendations, and approvals. + Identify and manage portfolio trends, portfolio risks and concentrations. + Ensure timely and accurate approvals; portfolio monitoring and reporting, risk rating grading changes and certifications, problem loan management, and non-accrual and loss identification and forecasting. + Bring appropriate team members (inside and outside the LOB) into the deal approval process. + Assist and support business units in their efforts to prepare for and achieve satisfactory exams from RAR, OCC, Audit, etc. + Reinforce Wells Fargo's strong credit culture and strengthen team member engagement across the region. + Train and develop team members to ensure a strong pipeline of diverse future leadership talent at all levels of the organization. + Play an active role in knowing and supporting the customer by attending customer meetings. + Develop an expertise in the geographies / markets covered by actively participating in the local real estate community and industry organizations. + Identify and recommend opportunities for approving loans and partner on structuring pricing and documentation for loan transactions of large size + Credit oversight for a business unit that provides FNMA, FMAC and FHA financing for multifamily, senior housing, affordable housing, mobile home, student housing and co-op products. + Credit coverage includes screening, underwriting, portfolio management, CRE reporting, policy, relationships to those with delegated credit authority, staff management, credit process administration, and ad hoc projects. **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 Commercial real estate lending experience. + Existing knowledge of GSE multifamily lending products (FNMA, FMAC and FHA). + Existing knowledge of affordable housing and associated tax credits (Low Income Housing Tax Credit Investments). + Prior real estate loan workout experience. + Proven knowledge of the commercial real estate capital markets industry as well as related products and services. + Deep understanding of Wells Fargo's Commercial Real Estate (CRE) lending philosophy and credit culture. + Confirmed ability to be a thought leader in a large matrix organization. + Consistent success in making sound business, credit decisions and ability to ensure team member alignment with business strategies and risk appetite. + Demonstrated success making deals and building relationships. + Proven success developing, growing, and grooming future Wells Fargo business leaders. + Proven ability to work independently and across various LOB in challenging work environments and time frames. + Existing knowledge of / experience in the local markets and or business units a plus. **Posting Locations:** + 30 Hudson Yards - New York, New York + 550 S. Tryon - Charlotte, North Carolina + 600 Wells Fargo - Minneapolis, Minnesota + 1445 Ross Ave - Dallas, Texas + 1150 W. Washington - Tempe, Arizona + 800 S. Jordan Creek Pkwy - West Des Moines, Iowa + 114 Beaumont Street, Building D - Saint Louis, Missouri **Job Expectations:** + Ability to work on-site at one of the posting locations. + 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. **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. $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. + 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:** 6 May 2025 ***** **_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. **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. **Req Number:** R-453033

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Work experience placement, Local area,

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