About this role:
Wells Fargo is seeking a Lead Credit Risk & Approval Officer. This role will be responsible for credit approval, credit management and oversight for the Community Lending & Investment (CLI) portfolio within an assigned region and / or assigned relationships, and products. The successful candidate will work closely with relationship managers, equity originators and analysts within the business units and will assist in the successful pursuit of the business strategy while maintaining appropriate credit quality in the portfolio. This role may also interact and provide guidance to portfolio managers and workout officers.
Learn more about career areas and business divisions at www.wellsfargojobs.com .
In this role, you will:
Provide a commercial approach to the businesses balancing market realities with appropriate risk management.
Responsible for overseeing lending and equity investing activities for CLI within an assigned product, region or relationships.
Credit coverage includes screening, underwriting, portfolio management, CRE reporting, policy, relationships to those with delegated credit authority, credit process administration, and ad hoc projects.
Maintain appropriate credit quality and portfolio health through proper, timely and thoughtful credit risk decisions, recommendations, and approvals.
Approving, or recommending for approval, LIHTC, NMTC and similar investments.
Ensuring conformity with company / group / regulatory policies and procedures; monitoring investment portfolio performance, risk of impairment or loss and risk rating accuracy.
Identify and manage portfolio trends, portfolio risks and concentrations within assigned regions, relationships and products.
Ensure timely and accurate approvals; portfolio monitoring and reporting, AQR changes and certifications, problem loan management, and non-accrual and loss identification.
Bring appropriate team members (inside and outside the LOB) into the deal approval process.
Assist the relationship management teams in providing clear and concise recommendations and analysis for distribution up the approval chain.
Play an active role in knowing and supporting the customer by attending customer meetings.
Develop an expertise in the geography / markets covered by actively participating in the local real estate community and industry organizations.
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:
Knowledge and understanding of Community Reinvestment Act (CRA) investment field: low-income housing tax credits, new market tax credits, real estate and private equity investments, and regulations.
Knowledge of GSE, FHA and balance sheet multifamily lending products.
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
Proven knowledge of the commercial real estate industry as well as related products and services.
Knowledge and experience in the affordable housing industry.
Credit risk management experience with tax credit projects.
Consistent success in making sound business and credit decisions.
Consistent ability to ensure team member alignment with business strategies and risk appetite.
Demonstrated success making deals and building relationships.
Understanding of Wells Fargo's credit culture.
Prior workout experience.
Existing knowledge of / experience in the major markets and / or business units a plus.
Proven ability to work independently and across various LOB in challenging work environments and time frames.
Job Expectations:
Ability to work additional hours as needed.
Ability to travel up to 10% of the time.
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. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
Job posting may come down early due to volume of applicants
US Pay Range Only:
Arizona- Tempe Pay Range: $185,000.00 - 300,000.00 USD Annually
California- San Francisco Pay Range: $185,000.00 - 300,000.00 USD Annually
Iowa- West Des Moines Pay Range: $185,000.00 - 300,000.00 USD Annually
New York- New York Pay Range: $185,000.00 - 300,000.00 USD Annually
North Carolina - Charlotte Pay Range: $185,000.00 - 300,000.00 USD Annually
Minnesota - Minneapolis Pay Range: $185,000.00 - 300,000.00 USD Annually
Missouri-- St Louis Pay Range: $185,000.00 - 300,000.00 USD Annually
Texas--Irving Pay Range: $185,000.00 - 300,000.00 USD Annually
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.
$185,000.00 - $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 (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) 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:
11 Apr 2026
*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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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-530688
