Credit Risk Associate

About this role:

Wells Fargo is seeking a Credit Risk Associate 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 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.

This role supports the lending business within Wealth & Investment Management by applying analytical frameworks to assess credit risk across portfolios and individual transactions. The position emphasizes scenario analysis and stress-based methodologies to evaluate performance under varying market conditions and inform risk-based structuring decisions. Responsibilities include aggregating and interpreting data to identify key risk drivers, sensitivities, and vulnerabilities across exposures.

The individual develops risk attribution insights linking stressed outcomes to collateral performance, liquidity, and leverage, translating these into recommendations for advance rates and structural protections. These insights are delivered to senior stakeholders to support disciplined credit decision-making and portfolio positioning.

In parallel, the role supports the analysis of credit transactions and the ongoing evaluation of lending exposures for high-net-worth and ultra-high-net-worth clients through detailed assessment of financials, liquidity, leverage, cash flow, and global balance sheet strength.

In this role, you will:

• Apply analytical frameworks, including scenario and stress-based analyses, to assess credit risk across portfolios and individual transactions, with a focus on informing risk-based structuring decisions.
• Aggregate and interpret data to identify key risk drivers, sensitivities, and vulnerabilities, translating outputs into actionable insights for advance rates, collateral parameters, and other lending terms.
• Evaluate credit transactions and develop independent risk views by assessing financials, liquidity, leverage, and collateral quality, while constructively challenging Front Line proposals.
• Synthesize model outputs and deal-specific considerations to form a cohesive risk perspective that links portfolio insights with transaction-level structuring.
• Partner with Front Line, Workout, and risk stakeholders to incorporate transaction-specific dynamics into broader portfolio risk assessments and recommendations.
• Support the underwriting and ongoing evaluation of Wealth Management lending exposures for high-net-worth and ultra-high-net-worth clients.
• Conduct targeted downside and stress analyses to assess potential impacts of market volatility, liquidity stress, and changes in borrower capacity.
• Contribute to portfolio monitoring and risk communication by identifying emerging trends, highlighting vulnerabilities, and supporting stakeholder discussions.
• Collaborate with model development teams to enhance analytical approaches and improve alignment between modeled outputs and observed transaction risk.
• Work closely with senior credit officers to support disciplined credit assessment and build foundational credit judgment.
• Demonstrate a 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:

• 6+ months 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 bachelor'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 exposure to credit-related functions (e.g., lending, underwriting, credit risk, investment banking, private credit, or capital markets), with familiarity with 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
• Familiarity with stress testing, forecasting, or portfolio risk concepts (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 problems and challenge assumptions
• Excellent written and verbal communication skills, with the ability to present 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.

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:

*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.