Senior Credit Risk Specialist - Merchant Services

About this role:
Wells Fargo is seeking a Senior Credit Risk Specialist in the Merchant Services team as part of Corporate Risk and will be part of the Independent Risk Management Team (Second Line of Defense). Learn more about the career areas and lines of business at wellsfargojobs.com .
The Senior Credit Risk Specialist will focus on managing credit risk, risk management related projects, as well as processing enhancements related to First Line activities. This may include credit approval activities, portfolio management and transaction processing activities, risk oversight projects, procedures and controls. A successful candidate will have credit and data analysis skills, superb communication, project management experience and demonstrated success driving innovative solutions to analytic challenges.
In this role, you will:

• Review and analyze moderately complex processes and projects, business, operational, or technical challenges that require an in-depth evaluation of variable factors related to commercial credit and underwriting
• 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
• Prior underwriting experience in a commercial lending role, prior experience with credit policy and credit policy adherence, very familiar with procedures and control environment with ability to review and possibly draft such procedures.

Required Qualifications:

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

Desired Qualifications:

• 3+ years of commercial credit experience, in a secured lending environment, either asset based or cash flow lending in a First Line of Defense position.
• Project management skills attained through managing projects or leading projects to completion.
• Familiarity with credit policy, procedure and control environments
• Working knowledge of Payment Network Rules (VISA, Mastercard, American Express)
• Excellent collaboration, communication and project management skills
• Ability to execute strategy change(s) from design phase through implementation
• Ability to clearly and concisely communicate (both written and verbal) with business partners, peers and senior management and lead discussions
• Outstanding problem-solving skills with the ability to exercise independent judgment to identify and resolve problems
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment; strong organizational, multi-tasking, and prioritizing skills
• Ability to work independently with minimal direction; ability to exercise independent judgment and apply prudent risk mitigation principles
• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
• Commercial lending experience with subject matter expertise in fundamental cash flow analysis, understanding credit risks in changing economic environments both on a micro and macro level
• A BS/BA degree or higher

Job Expectations:

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

Posting Locations:

• 401 S. Tryon Street - Charlotte, North Carolina
• 600 Wells Fargo - Minneapolis, Minnesota
• 1150 W. Washington - Tempe, Arizona
• 800 S. Jordan Creek Pkwy - West Des Moines, Iowa
• 1445 Ross Ave - Dallas, Texas
• 2801 Market St, F & L Bldg - St. Louis, Missouri
• 2200 Concord Pike - Wilmington, Delaware

Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$100,000.00 - $179,000.00
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:
28 Jul 2025
* 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.