Retail Officer (Merchant Services IRM)

**Retail Officer (Merchant Services IRM)**

Location: Charlotte, North Carolina, Irving, Texas, Tempe, Arizona, Wilmington, Delaware **Job ID** R-110787 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.

**About this role:**

Wells Fargo is seeking a Lead Credit Risk Officer in the Merchant Services Independent Risk Management team.

****In this role, you will:****

* Lead, develop and implement strategic initiatives and processes to drive the company risk culture, appetite, and business performance

* Leads risk governance and oversight across the Merchant Services small business segment and/or functions.

* Leads strategic corporate-wide initiatives and processes, and partners with line of business management to drive the company risk culture, appetite, and business performance. Advises and counsels executive leadership.

* Monitors, assesses and reports on asset quality, portfolio trends and credit policy exception trends.

* Approves credit transactions and participates in acquisition due diligence. Assesses and predicts risk and performance.

* Establishes effective policies, processes, and tools to identify and manage risks. Assist in development of appropriate strategies that ensure risk is within Wells Fargo risk appetite.

* Develops and implements appropriate risk rating methodologies. Approves and provides credible challenge of line of business credit products, programs, and policies.

* Leads the execution of programs and policies with a measurable impact on the level of risk taken in credit activities.

* Develops and implements strategies, programs and policies with a direct and significant impact on credit risk appetite and culture. Ensures resolution of matters requiring attention from outside regulators, Audit, or RAR.

* Leads implementation of complex initiatives with high risk, generally spanning multiple business lines.

* Internal partnership with the business and other business units, Audit, Legal, regulators, and industry partners on risk related topics.

* Leads project/ virtual teams and mentors but does not manage other team members.

Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo employees.

****Required Qualifications, US:****

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

****Desired Qualifications:****

* Ability to meet stringent deadlines

* Ability to work in a fast paced deadline driven environment

* Excellent verbal, written, and interpersonal communication skills

* Strong organizational, multi-tasking, and prioritizing skills

* Experience with governance and oversight requirements for regulatory and risk reporting

* Knowledge and understanding of ever-evolving regulatory environments and governance processes

* Strong business acumen and knowledge of Merchant Services, Treasury Services and/or Card Issuing experience Process design or improvement experience

* Experience in establishing effective policies, processes, and tools to identify and manage risks.

* Experience in the development of strategies that ensure risk is within Wells Fargo risk appetite.

* Current and/or recent experience in credit transactions and has participated in acquisition due diligence.

* Ability to predict risk and performance.

* Ability to Automate Decision Processes

* Ability to translate and summarize complex data into understandable, actionable information and recommendations

* Experience conducting project meetings, presentations and status reporting

* Ability to collaborate across Business Functions

* Has focused on the Customer Experience

* Bachelors Degree

**We Value Diversity**

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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