Director Credit Risk Management Jobs in Utah (NOW HIRING)

CompanyFederal Reserve Bank of San FranciscoWe are the Federal Reserve Bank of San Francisco - public servants with a mission to advance the nation's monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the nation's central bank, we are committed to understanding and serving the vibrant, expansive communities of the Twelfth District, which covers the nine western states of the U.S. That means we seek and appreciate new perspectives and build opportunities to learn and grow. At the SF Fed, we approach our work with integrity and a commitment to service.

The Wells Fargo & Co. (WFC) Dedicated Supervisory Team (DST) operates as part of the Federal Reserve's GSIB supervisory program. The GSIB program is designed to combine firm-specific, safety-and-soundness perspectives with a broader view of the industry to anticipate and mitigate threats to financial stability. A core component of the GSIB Program is the Capital Program which consists of core assessments of all areas of financial risk including wholesale credit risk, retail credit risk, and counterparty credit risk. The Capital Program is conducted through a range of supervisory activities, including firm-specific examinations, continuous monitoring events, coordinated interagency reviews, and supervisory issues follow-up.

The Lead Specialist Examiner, LIS Credit Risk position is an excellent opportunity to join the WFC DST on the Capital team! This role is responsible for leading ongoing monitoring activities and examinations that evaluate the effectiveness of credit risk management practices at WFC, including the remediation of credit and broader financial risk management weaknesses identified.

As our Lead Specialist Examiner you will assess and monitor credit risk holistically across wholesale credit, retail credit, and counterparty credit, and any increases in risk appetite and growth in wholesale and retail portfolios and business lines. You will also be considered a subject matter expert in this risk domain and will be responsible for the identification of material financial risk as outlined in the Statement of Supervisory Operating Principles (SSOP).

As a member of the DST, you will assess inherent risks, and associated risk management programs, through participation in on-site examinations and regular monitoring of business activities. The Lead Risk Specialist will work closely with DST and system colleagues to support GSIB supervisory priorities. As such, the successful candidate will be expected to work collaboratively within and across teams, collectively generating new ideas, problem-solving, sharing expertise, and actively supporting others to achieve goals.

Essential Responsibilities:

• Lead or participate in supervisory activities to evaluate the quality and effectiveness of WFC's credit risk management practices related to wholesale credit, retail credit, counterparty credit and attendant credit models in relation to the inherent risks of WFC and supervisory expectations.
• Evaluate the effectiveness of WFC's credit risk framework across WFC's three lines of defense.
• Lead or participate in the development and execution of a supervisory strategy across a range of credit-related activities at the firm.
• Review management and risk reporting; conduct recurring analysis to guide supervisory assessments across the DST as well as the formulation of supervisory priorities.
• Plan and lead recurring meetings with firm senior management to understand key developments and identify emerging risks.
• Formulate comprehensive assessments covering credit risks; present complex, well supported supervisory findings and messages clearly and concisely to Federal Reserve and WFC senior management.
• Serve as a subject matter expert in credit and attendant financial and model risk and maintain a current understanding of industry trends, regulatory changes, and industry practices related to credit risk areas of expertise.
• Build and lead relationships with external collaborators, including Federal Reserve colleagues, staff at other supervisory agencies, and firm senior management. At Lead level you will also:
  • Coordinate efforts with other regulators (e.g. OCC, FDIC, SEC) and drive these relationships and ensure sufficient coverage of credit risk holistically across the firm.
  • As available, lead or participate at a System level through committees and/or initiatives in areas aligned with subject matter expertise and/or team objectives.
  • Leverage broad and deep subject matter and supervisory expertise and supervisory experience, by contributing to local and System efforts related to information sharing, training, and thought leadership.
  • As needed, serve in a leadership role on the team, participating in mentoring and coaching, including reviewing the work products of more junior staff.

Requirements:

• Bachelor's degree in business, finance, or related fields of study, or equivalent work experience is required; advanced degree is preferred but not required.
• Knowledge of and experience evaluating credit risks facing complex financial institutions and prudent practices for managing those risks, using applicable regulatory guidance.
• Typically requires ten or more years of experience in credit risk management, preferably in the context of large banking supervision, or comparable experience in banking, financial services, or related industries (e.g., consulting).
• Working knowledge of large banking business lines/products, organizational structures, operations, and relevant laws and regulations, as well as experience with the Federal Reserve's Consolidated Supervision Framework for Large Financial Institutions and LFI rating (e.g., SR 12-17 & SR 19-3) is preferred.
• An active examiner commission from a federal or state banking supervisory agency is required.
• Proven ability to influence at all levels of an organization, with strong analytical, problem solving, collaboration, communication (both written and verbal), and project management skills.

• Willing and able to travel up to 20%.
• This position requires access to confidential supervisory information, which is limited to "Protected Individuals." Protected Individuals include, but are not limited to, U.S. citizens and U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so or who will sign a declaration of intent to apply for naturalization before they begin employment.

Deadline to apply is May 29th, 2026 at 5PM Pacific Time.

Base Salary Range: Min: $182,200 Mid: $236,500 Max: $290,900 (Location: San Francisco)

Final salary and offer will be determined by the applicant's background, experience, skills, internal equity, and alignment with geographic and other market data.

We offer a wonderful benefits package including: Medical, Dental, Vision, Pre-tax Flexible Spending Account, Backup Child Care Program, Pre-Tax Day Care Flexible Spending Account, Paid Family Care Leave, Vacation Days, Sick Days, Paid Holidays, Pet Insurance, Matching 401(k), and Retirement/Pension.

The Bank is committed to providing reasonable accommodations to individuals with disabilities to participate in the job application or interview process, perform essential job functions and receive other benefits and privileges of employment. The SF Fed is an Equal Opportunity Employer. If you need any assistance or accommodations due to a disability, please let us know at sf.hr.recruitment@sf.frb.org.

The Bank's ethics rules generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. Employees in the Supervision group also must ensure there are no conflicts of interest related to their previous employment and current financial interests. Supervision employees may be subject to borrowing and deposit restrictions and may need to recuse themselves from certain supervisory work. Please review Section 5.3 and Appendix B of the Bank's Code of Conduct to ensure compliance with the Code of Conduct conflict of interest rules and personal investment restrictions.

Due to the nature of access to sensitive information all final offers are subject to the clearance of an enhanced background check. This enhanced screening will require the following items: academic and employment verifications, FBI fingerprint check (criminal and civil cases), credit check, family history, residential records and foreign travel for the previous 7 years, citizenship verification, reference checks, and personal interview with an investigator and can take between 21 - 60 days to clear.

Full Time / Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)YesJob CategorySupervision Family GroupWork ShiftFirst (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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