Credit Risk Specialist

About this role:
Wells Fargo is seeking a Credit Risk Specialist within the Wealth & Investment Management (WIM) Credit Risk Team. This role is structured as a development pathway for high-potential talent to progress toward future credit approval responsibilities for complex lending transactions. The position supports the WIM lending platform by integrating portfolio-level risk assessment with structured exposure to credit underwriting fundamentals and risk-based transaction structuring.
The role is responsible for evaluating portfolio and transaction-level credit risk through the application of analytical frameworks, including scenario analysis and stress-based methodologies, to assess performance across a range of market conditions. This includes aggregating and interpreting portfolio and exposure-level data to identify key sensitivities, vulnerabilities, and concentrations, with a focus on informing risk-based structuring decisions.
The individual will develop and deliver risk attribution insights that link stressed outcomes to primary risk drivers-including collateral performance, liquidity dynamics, and leverage profiles-and translate these insights into actionable recommendations regarding advance rates, structural protections, and other transaction terms. These analyses will be communicated to senior stakeholders to support disciplined credit decision-making, portfolio positioning, and proactive management of emerging risks.
A core component of the role involves the evaluation of complex credit transactions, applying structured analytical approaches to assess and challenge Front Line proposals, with a focus on identifying material risk drivers and appropriate mitigants. The individual will also support the underwriting and ongoing review of Wealth Management credit exposures, including revolving and term lending solutions for high-net-worth and ultra-high-net-worth clients, through detailed assessment of financial statements, liquidity, leverage, cash flow generation, and global balance sheet strength.
In this role, you will:

• Participate in less complex initiatives and identify opportunity for risk mitigation strategies within Credit Risk
• Lead, develop, and implement strategic initiatives and processes to drive the company credit culture, appetite, and business performance
• Review and analyze reports to assess and predict risk and monitor performance that require research, evaluation, and selection of alternatives, and exercise independent judgment to guide medium risk deliverables
• Receive direction from leaders
• 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 customers
• Demonstrate strong risk mindset and intellectual independence.
• Balance quantitative rigor with sound judgment.
• Be comfortable operating in both framework-driven analysis and judgment-based credit decisions.
• Show progression toward owning risk decisions, not just producing analysis.

Required Qualifications:

• 2+ years of Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Recent completion of a master's degree in a relevant field
• Completion of a credit, banking, finance, accounting, economics, mathematics, statistics, data analytics, or related internship program
• Participation in relevant rotational, internship, or early career development programs
• Demonstrated interest in commercial banking, credit risk, underwriting, or portfolio management
• Prior experience in credit-related roles (e.g., lending, underwriting, credit risk, investment banking, private credit, or capital markets), with exposure to transaction analysis or portfolio risk assessment
• Demonstrated ability to analyze client financial statements, liquidity, leverage, cash flow, and balance sheet strength to assess repayment capacity and overall creditworthiness
• Experience applying analytical frameworks-including scenario analysis or downside assessment-to evaluate credit risk and inform structuring decisions
• Ability to interpret model outputs and data-driven insights, and translate them into clear, actionable risk perspectives
• Familiarity with credit risk concepts, including probability of default, loss severity, and risk drivers across different asset classes
• Exposure to stress testing, forecasting, or portfolio risk processes (e.g., CCAR, CECL, BLF) preferred but not required
• Proficiency in analytical and data tools (e.g., Python, R, SQL, Excel), with the ability to work with large datasets and synthesize insights
• Experience leveraging data and emerging tools (including AI capabilities) to enhance analysis and decision support
• Understanding of broader risk disciplines (e.g., market, liquidity, counterparty risk) is a plus
• Strong critical thinking skills with the ability to evaluate complex problems and challenge assumptions
• Excellent written and verbal communication skills, with the ability to present complex analyses clearly to senior stakeholders
• Ability to operate effectively in a fast-paced environment, manage competing priorities, and collaborate across teams

Job Expectations:

• Willingness to work on-site at a stated location on the job opening
• This position offers a hybrid work schedule
• This position is not eligible for Visa Sponsorship

Job Locations:

• 401 S Tryon, Charlotte, NC

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.
$77,000.00 - $121,000.00
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:
13 Aug 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 .
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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