About this role:

Wells Fargo Bank International (WFBI), an indirect subsidiary of Wells Fargo & Company. Based in the International Financial Services Centre in Dublin, Ireland, Wells Fargo Bank International is an Irish registered and Irish­ regulated bank benefiting from a freedom of services passport allowing it to provide support and services to its clients in all EU and EEA countries.

 

The primary responsibilities of this role are to provide credit risk analysis and assessment of credit proposals from particular Lines of Business (“LOB’s”) designated from time to time, making informed recommendations to Credit Committee as required and/or and making informed decisions on credit requests within the parameters of your Delegated Credit Approval Authority, as required.  Provide oversight and monitoring of portfolio exposures to those LOB’s in a manner conforming to WFBI, WFC and regulatory requirements.

In this role, you will:

Provide risk analysis and recommendations to Credit Committee related to credit proposals originating with various LoB’s which may include Commercial real Estate (“CRE”), Corporate banking Group (“CBG”), Financial Institutions Group (“FIG”) and Capital Finance (SCF & CDF) LoB’s.Assess credit proposals originating with above-mentioned LoB’s and make informed decisions on credit requests within the parameters of your Delegated Credit Approval Authority.Provide portfolio oversight/monitoring for credit exposures originating with the above-mentioned LoB’s and other LoB’s, as required.Ensure that proposals originated by the above-mentioned LoB’s conform to the Credit Strategy and stated risk appetite set forth by the Board and adhere to WFBI Policies and Procedures.Take responsibility for monitoring the credit risk of all exposures and tracking credit quality migration and informing the WFBI chain of risk control (CRO; Credit Committee; Risk Committee; Board) of risk developments, as appropriate.Interface with internal and external auditors, Risk Asset Review and regulators to ensure the integrity of WFBI’s credit grades and risk and grading process and procedures.Monitor compliance with concentration risk.Provide reports to: Senior Management; Credit Committee; Risk Committee; Board; ALCO – provisioning, reserves, impairments, and run-off; Group Reporting; Regulatory Reporting.

Required Qualifications:

Experience in Credit Risk & Approval or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

Risk management experience in relevant risk classes with an ability to analyse transactions and to quickly identify key risks.Experience in developing risk models to support portfolio management Proven interpersonal and communication skills, with demonstrated ability to provide presentations and briefings to management and liaise with other company departments.Ability to work under pressure and prioritise workload.Must be able to work independently in a fast paced, team environment.Ability to operate comfortably in a large, multicultural organisation.Proficient with advanced Word, PowerPoint, Excel and/or VBA.Degree educated (or equivalent).

Job Expectations:

In addition to the responsibilities summarized in your job description, you are also required to comply at all times with CBI Conduct Standards:

Central Bank of Ireland Regulatory Requirements

This role is designated as a Controlled Function 2 (CF-2) role under Part 3 of the Central Bank Reform Act 2010 (sections 20 and 22) and as such is subject to certain regulatory requirements.

Individuals who perform a CF role must have a level of fitness and probity appropriate to the performance of that particular function and must comply with WFBI’s Fitness and Probity policy. WFBI are required to carry out prescribed due diligence to assess your fitness and probity, and to satisfy itself on reasonable grounds that you comply with the standards of fitness and probity prescribed by the Central Bank of Ireland pursuant to any code issued under section 50 of the Central Bank Reform Act.

As a role carrying a CF-2 designation, the role holder will also be subject to the Common Conduct Standards under the Central Bank of Ireland’s Individual Accountability Framework and will be required to take reasonable steps to ensure the Conduct Standards are met.

The role holder will be required to possess and maintain the appropriate technical knowledge required to perform the role and to understand the regulatory obligations to which they are subject as a CF-2, to include, without limitation, the Conduct Standards and the Fitness and Probity Standards.

An individual who performs a CF-2 role ensures, controls or monitors compliance by WFBI with our relevant obligations.

Posting End Date: 

13 Feb 2025

*Job posting may come down early due to volume of applicants.

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 unit’s 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, status as a protected veteran, or any other legally protected characteristic.

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.

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.