Credit Risk & Approval Director - Consumer Banking

About this role:

Wells Fargo is seeking a Credit Risk Director as part of Wells Fargo's Independent Risk Management organization and second line of defense. This leader is responsible for the independent oversight of Consumer Banking deposit products, with a primary focus on new account onboarding, account approval practices, overdraft risk and recovery, and portfolio performance. The Credit Risk Director will work closely with business, product, operations, compliance, legal, fraud, and risk partners to support responsible growth while ensuring risks are appropriately identified, assessed, monitored, and managed. This role also provides strategic insights to senior leaders and governance committees regarding the evolving deposit credit risk landscape, emerging risks, risk trends, and portfolio performance. For more information on our lines of business and career areas please visit

In this role, you will:

• Provide independent second line credit risk oversight for Consumer Banking deposit products, with a focus on customer acquisition, onboarding strategies, account approval practices, and portfolio performance.

• Lead and develop a team of risk professionals responsible for independent oversight of Consumer Banking deposit products.

• Oversee deposit credit risk exposures, including overdraft strategies, customer eligibility criteria, and account opening risk.
• Evaluate business strategies, growth initiatives, and product enhancements to ensure risks are appropriately identified, assessed, and managed.
• Provide effective oversight of loss forecasts, strategy changes, portfolio trends, key assumptions, and emerging risk indicators.
• Oversee credit risk governance and policy frameworks, ensuring alignment with regulatory expectations and enterprise risk standards.
• Partner across Product, Operations, Fraud, Compliance, Legal, and Business teams to drive sound risk-based decisions and effective risk management practices.
• Provide strategic insights to senior leaders and governance committees regarding the evolving deposit credit risk landscape, emerging risks, risk trends, and portfolio performance.
• Communicate a clear view of the deposit credit risk landscape, including material risks, emerging issues, and portfolio performance.
• Influence senior executives and governance committees through credible challenge, strategic insights, and effective risk communication.
• Deliver thought leadership pertaining to changes in business operations and corresponding impacts to the organization’s risk profile.
• Foster a high-performing culture focused on accountability, risk discipline, talent development, and continuous improvement.

Required Qualifications:

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

Desired Qualifications:

• Strategic thinker who aligns decisions with business goals.

• Broad understanding of deposit fraud risks, both internal and external fraud types
• Knowledge and experience with end-to-end consumer and small business deposit products throughout both the product management and customer life-cycle
• Ability to manage and prioritize multiple initiatives simultaneously while applying critical thinking in describing multiple risks into a single risk landscape
• Ability to develop and manage business relationships whilst interacting with all levels of an organization
• Strong project management skills; organizational, multi-tasking, and prioritizing skills
• Strong analytical skills with high attention to detail and accuracy
• Strong business and risk acumen
• Experience overseeing models through the model risk management lifecycle
• Knowledge and understanding of ever-evolving regulatory environments and governance processes
• Advanced Microsoft Office skills
• Excellent verbal, written, and interpersonal communication skills
• Ability to work in a fast-paced deadline driven environment while meeting stringent deadlines

Posting Locations:

• 550 S. Tryon Street - Charlotte, North Carolina
• 401 Las Colinas Blvd W Bldg B Irving, Texas

Job Expectations:

• Ability to travel up to 10% of the time
• Preferred location(s) listed above. Relocation assistance is not available for this position
• This position is not eligible for VISA sponsorship

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.

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.