Minneapolis, Minnesota

Job Description

Important 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 and ensure all employees understand their individual accountability for managing risk. Corporate Risk roles depend on a variety of skills, including: Data analysis and synthesis, root cause analysis, change management, process management & execution, risk governance, risk strategy, risk identification & assessment, risk prevention, controls & mitigation, risk monitoring, reporting & escalation, risk systems & technology.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk areas, including credit risk, operational risk, market risk, reputation risk, and compliance risk.

Corporate Risk strives to ensure that all Wells Fargo corporate functions and lines of business soundly manage risk, comply with applicable laws and regulations, and offer products and services that meet the needs of our customers.

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.

Corporate Credit is responsible for independently overseeing the management of credit risk exposures (including monitoring and reporting on aggregate credit exposures across groups, legal entities, geographies, and jurisdictions) and the quality of credit risk management practices across the company. This oversight extends to all phases of a loan’s life cycle, including origination, underwriting, risk analysis, approval, documentation, boarding, monitoring, loss recognition, modification, and collection activities. Corporate Credit is responsible for delegating and/or removing credit and investment approval authorities to the lines of business.  More specifically, Corporate Credit develops, maintains and ensures adherence to enterprise-wide credit risk frameworks, policies, and procedures that are aligned with Board-approved risk appetite.

Risk Asset Review (“RAR”) is the company’s internal loan review function and is foundational to the credit risk management function at Wells Fargo.  RAR independently evaluates the quality of lending practices in the businesses and shares its findings with the Chief Credit Officer and line of business management. RAR reports all significant credit issues to members of the Allowance Approach and Allowance Approval Committees, Executive Management and the Credit Committee of the Board of Directors.

KEY JOB RESPONSIBILITIES (ESSENTIAL POSITION FUNCTIONS):
The Principle Examiner demonstrates advanced technical expertise, deep/broad credit knowledge, serves as a resource on complex exams, and advises RAR management on sensitive examination issues.  Evaluates credit administration practices of the most complex and specialized credit relationships across all lending businesses, focuses on significant issues, and demonstrates sound credit judgment.  Serves as examiner-in-charge on highly complex exams with little supervision, and capably assesses the quality of lending practices. Interaction and communication with line management is tactful and professional.

Duties of the Principle Examiner include but are not limited to the following: 

  • Assess the lending practices of the company’s most complex commercial loans.
  • At times, serve as examiner-in-charge and direct a team of examiners   that examines the company’s more complex commercial lending businesses. 
  • Interact with line of business management and communicate RAR’s examination findings.
  • Advise RAR management on ways to improve the examination process.


Required Qualifications

  • 7+ years of credit loan experience



Desired Qualifications

  • A BS/BA degree or higher in accounting, finance, or economics
  • Ability to review and interpret complex commercial loan documents
  • Good analytical skills with high attention to detail and accuracy
  • Strong credit analysis skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy



Other Desired Qualifications
  • Solid knowledge of credit administration functions and credit risk management
  • Effective problem-solving skills, flexibility and adaptability needed to prioritize and resolve issues in a timely manner and results driven approach to work.
  • Experience providing credible challenge and presenting to senior management
  • Commercial portfolio management experience 
  • Commercial portfolio underwriting experience


Job Expectations

  • Ability to travel up to 30% of the time



Disclaimer

    All 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 Summary

Benefits
 

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.

Minneapolis, Minnesota

At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.

We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re so committed to hiring and retaining military veterans, veterans with disabilities, National Guard members, and Reservists that we’ve made it our goal is to employ 20,000 veterans by 2020.

As a Wells Fargo team member, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Team Member Network, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit wellsfargojobs.com/military. Let’s talk about turning your military experience into a great civilian career.

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