Job Description

Wells Fargo is seeking a Credit Risk & Approval Director to provide credit support to the Commercial Real Estate (CRE) line of business. This role will be responsible for credit approval, credit management and oversight of components of the Commercial Real Estate portfolio. The successful candidate will provide leadership to a team of credit officers, portfolio managers, coverage bankers and analysts within the business unit and will assist in the successful pursuit of the business strategy while maintaining appropriate credit quality in the portfolio. This role will report to the group senior credit officer for CRE.

In this role, you will :

• Approve (or recommend) direct and indirect credit exposures within a business segment of CRE line of business, including delegation and oversight of credit authorities to key team members.
• Maintain appropriate credit quality and portfolio health through proper, timely and thoughtful credit risk decisions, recommendations, and approvals.
• Monitor existing portfolio to identify and manage portfolio trends, risks and concentrations.
• Manage and develop specialized teams of individual contributors with focus on delivering moderate to high complexity risk products
• Provide service for cross-functional stakeholders and internal partners associated with formulating and establishing group credit and lending policies
• Identify opportunities and strategies for developing approval procedures on prospective customers and directing guidelines on credit limits
• Lead Credit Risk team by making strategic decisions to resolve highly complex issues to meet higher risk deliverables
• Interpret and develop range of lending policies, procedures and standards for functions with moderate to higher complexity and risk
• Collaborate and influence all levels of professionals including more experienced managers
• Lead team to achieve goals
• Interact with internal and external customers
• Manage allocation of people and financial resources for Credit Risk
• Develop and guide a culture of talent development to meet business objectives and strategy

Required Qualifications :

• 8+ years of Credit Risk or lending experience or equivalent demonstrated through one or a combination of the following : work experience, training, military experience, education
• 4+ years of management or leadership experience

Desired Qualifications :

• The successful candidate will possess in depth knowledge of the commercial real estate capital markets industry as well as related products and services.
• Prior experience in Commercial Real Estate Risk specializing in CMBS, repo and REITs and / or specialty sectors (Hotels, Data centers, senior housing) in either a front line or second line capacity is strongly desired.

Posting Locations :

• 550 S. Tryon Street - Charlotte, North Carolina
• 30 Hudson Yards - New York, New York
• 1000 Louisiana St - Houston, Texas
• 333 S Grand Ave - Los Angeles, California
• 171 17th St NW Bldg 100 - Atlanta, Georgia
• 333 Market St - San Francisco, California
• 125 High St - Boston, Massachusetts

Job Expectations :

• Required location(s) 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.

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

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.

• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings

Posting End Date : 22 Jun 2025

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

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.

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Director Credit Risk • SAN FRANCISCO, California, United States of America

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