Senior Lead Credit Risk & Approval Officer, Multifamily Capital

About this role:

Wells Fargo is seeking a Senior 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.

The Credit Officer will provide credit oversight for a business unit financing multifamily senior housing affordable housing manufactured housing student housing and co-op properties through balance sheet FNMA FHLMC (Freddie Mac) and FHA agency products. This individual balances commercial judgment with disciplined risk management to protect portfolio quality while supporting business growth across the covered geographies.

Scope of Coverage includes screening underwriting portfolio management CRE reporting policy relationship management with delegated-authority partners staff management credit process administration and ad hoc projects.

This role will report directly to Credit Risk & Approval Director.

In this role you will:

Credit Risk & Approval

• Serve as a key participant in monitoring and reviewing loans underwriting and portfolio management performance for Credit Risk & Approval.
• Provide in-depth evaluation of structuring pricing and documentation across complex large-scale and longer-term transactions.
• Maintain credit quality and portfolio health through timely well-reasoned credit decisions recommendations and approvals.
• Identify and recommend opportunities to approve loans and partner on structuring pricing and documentation for larger transactions.
• Bring appropriate internal and external team members into the deal approval process as needed.

Portfolio Management & Reporting

• Identify and manage portfolio trends risks and concentrations.
• Ensure timely accurate portfolio monitoring and reporting risk-rating and grading changes/certifications problem loan management and non-accrual/loss identification and forecasting.
• Support business units in preparing for and achieving satisfactory examination outcomes from audits and other regulatory or internal reviewers.

Leadership & Culture

• Lead complex cross-functional initiatives with broad organizational impact.
• Reinforce Wells Fargos credit culture and strengthen team member engagement across the business platform.
• Train and develop team members to build a strong diverse leadership pipeline at all levels.
• Manage staff and administer credit processes for the business unit including screening underwriting portfolio management and CRE reporting.

Business & Market Engagement

• Provide a commercial perspective that balances market realities with appropriate risk management.
• Play an active role in customer relationships by attending customer meetings.
• Build market expertise by engaging with the local real estate community and relevant industry organizations.
• Collaborate with peers colleagues and managers to resolve issues and achieve shared goals; interact regularly with internal and external stakeholders.

Judgment & Decision-Making

• Analyze complex multi-faceted business operational and technical challenges independently.
• Exercise independent judgment on structuring pricing and risk decisions while developing deep functional knowledge of policies procedures and compliance requirements.
• Receive direction from leadership on strategic priorities while operating with a high degree of autonomy day-to-day.

Required Qualifications:

• 7 years of Credit Risk & Approval experience or equivalent demonstrated through one or a combination of the following: work experience training military experience education

Desired Qualifications:

• Extensive commercial real estate lending experience highly desired

• 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 Fargos 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.

Job Expectations:

• This position offers a hybrid work schedule.
• Willingness to work onsite at stated location on the job posting.
• 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

Posting Locations:

• 550 S Tryon Charlotte NC
• Las Colinas Bldg B Irving Campus Irving TX
• 150 E 42nd New York NY
• 333 Market St San Francisco CA
• 2030 Main St Irvine CA
• Wells Fargo Center Tampa FL
• Pinnacle Drive McLean VA

Pay Range

Posting End Date:

*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 units risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process visitDisability 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.