Lead Commercial Banking Portfolio Manager – Middle Market

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About this role:

Wells Fargo Commercial Banking provides a comprehensive suite of products and services to serve the diverse financial needs its commercial banking clients. The Wells Fargo Commercial Banking team is seeking a Lead Commercial Banking Portfolio Manager to support its Middle Market Banking segment as part of the credit management team. This key 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 clients deal team. Learn more about the career areas and lines of business at wellsfargojobs.com

In this role, you will:

Actively manage, maintain, and grow a middle market portfolio including underwriting, origination, documentation and on-going monitoring; all in adherence with applicable credit policies, procedures and compliance requirements

Work directly with clients and prospects to understand complex credit needs and represent the bank in developing and maintaining client relationships

Participate in performing financial research, underwriting, and structuring of highly complex relationships within Commercial Banking Portfolio Management functional area

Determine the credit worthiness of prospective clients by analyzing financial statements, projections, appraisals, meeting and interviewing the prospective clients management team, analyzing and obtaining a detailed understanding of the prospective clients cash flows and balance sheet, leverage and key risks

Make decisions and recommendations in complex and multifaceted situations requiring exceptional understanding of the function, policies, procedures, and compliance requirements that influence and lead the broader work team to meet deliverables and deliver client solutions

Prepare, review and edit credit memos and present recommendations to senior approvers

Resolve moderately complex issues in conjunction with functional Commercial Banking Portfolio Management team, to meet project deliverables

Collaborate and consult with senior management, functional colleagues, internal partners, and stakeholders

Train and mentor analysts or junior portfolio managers

Required Qualifications:

5 years of Commercial Banking Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

5 years of experience underwriting middle market and corporate clients

Bachelors Degree and/or Masters Degree in Business, Accounting, or Finance

Ability to thoroughly analyze credits on an independent basis and communicate findings in a concise manner

Strong cash flow and asset-based lending credit analysis skills with high attention to detail and accuracy

Experience with bank syndications, multi-bank participations and clients with varying and complex capital structures including collateral and cash flow waterfalls; subordinated debt layers; and complex ownership structures

Microsoft Excel experience including financial modeling

Experience with commercial, owner-occupied real estate lending including documentation, due diligence and regulatory compliance processes

Experience negotiating, managing and amending complex credit facility structures and legal documentation

Knowledge and understanding of commercial and specialty group banking products and services

Strong risk management and compliance skills

Excellent verbal, written, and interpersonal communication skills

Job Expectations:

Ability to travel up to 10% of the time

This position does not support Visa Sponsorship

Position can report to any of the posted locations

#commercialbanking

Posting End Date:

10 Oct 2024

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 units 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.

Company: WELLS FARGO BANK

Req Number: R-405881-2

Updated: Tue Oct 01 02:55:20 UTC 2024

Location: ATLANTA,Georgia