About this role:
Wells Fargo is seeking a Senior Commercial Banking Portfolio Manager to support its Middle Market Banking segment as part of the In Market Credit Team. This position is responsible for credit underwriting and portfolio management to meet the long-term financial objectives and risk tolerance for commercial banking clients and serves as a key member of a client’s deal team.
In this role, you will:
- Participate in performing financial research, underwriting, and structuring of highly complex relationships within Commercial Banking Portfolio Management functional area
- Review and research business financial statements and tax returns that require an in-depth evaluation of multiple factors
- Resolve moderately complex issues within a Commercial Banking Portfolio Management team, to meet project deliverables, while leveraging solid understanding of the function, policies, procedures, and compliance requirements
- Collaborate and consult with Commercial Banking Portfolio Management peers, colleagues, and mid level managers to resolve issues and achieve goals
- Lead projects and teams or serve as a mentor for less experienced individuals
Required Qualifications:
- 4+ years of Commercial Banking Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Job Expectations:
- Ability to travel up to 10% of the time
- This position is not eligible for Visa sponsorship
- This position offers a hybrid work schedule
- Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process
Desired Qualifications:
- 3+ years of portfolio management and underwriting experience specific to Commercial & Industrial credit requests.
- Strong analytical skills and ability to perform in depth analysis of commercial financial statements and complex data
- Intermediate Microsoft Office skills, including using Excel for financial analysis and projection modeling
- Excellent verbal, written, and interpersonal communication skills, including the ability to present to decision makers and customers in a professional and confident manner
- Experience negotiating loan documentation and working with attorneys and loan administrators on closing transactions
- Strong risk management and compliance skills and demonstrated ability to organize and prioritize workflow and multi-task effectively.
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.
$100,000.00 - $196,000.00
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