Senior Vice President, Director of Portfolio Risk Analytics
Named Senior Vice President & Director of Portfolio Risk Analytics (PRA) in May 2015, Chris Wells leads a team that provides modeling, analytics, and reporting on Comerica’s credit risk. His specific responsibilities include directing the application of credit risk appetite to corporate strategy as well as development and production of the Allowance for Credit Losses (ACL) models and processes, including the recently adopted Current Expected Credit Loss (CECL) standard; the loan and deposit balance, credit loss, and ACL forecast components of the bank’s stress testing efforts; and the loan level risk rating tools. Wells also manages the credit risk reporting efforts for executive management, regulators, the board of directors and investor relations.
Before serving in his role as Director of PRA, Wells led the ACL and Credit Risk Reporting team within PRA for four years.
Prior to his work in PRA, Wells served as both Senior Vice President & Manager of Credit Administration for Sterling Bank in Texas, which was acquired by Comerica in 2011. Before Sterling Bank, his experience also includes serving as a lending Relationship Manager to middle market, small business, real estate, and private banking clients. Overall, Wells has 25 years of banking experience at institutions of all sizes.
Wells earned a bachelor of arts degree in economics from Davidson College, Davidson, N.C.
Wells has maintained an active role in the community throughout his career. Highlights include his service as Chairman of both the Shakespeare Dallas and the Greater Dallas Youth Orchestras organizations as well as his time on the board of directors of both the Dallas Central Appraisal District and the City of Dallas Cultural Affairs Commission.