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.

Responsibilities

• Evaluate 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.
• Agregate and interpret portfolio and exposure-level data to identify key sensitivities, vulnerabilities, and concentrations, with a focus on informing risk-based structuring decisions.
• 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.
• Communicate risk analyses to senior stakeholders to support disciplined credit decision-making, portfolio positioning, and proactive management of emerging risks.
• Evaluate 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.
• 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.

Requirements

• 2+ years of Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 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
• Willingness to work on-site at a stated location on the job opening

Qualifications

• 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: 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