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About this role:
Wells Fargo is seeking a Commercial Banking Portfolio Manager as part of the Credit Execution Team supporting the Specialized Industries - Commodity Finance banking team in Houston, TX. The client portfolio is primarily comprised of commodity traders and marketers in the Mid-Corp Energy/Ag/Metals space throughout the US. This role is responsible for credit portfolio management to meet the long-term financial objectives and risk tolerance for commercial banking clients.
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In this role, you will:
- Serve as a key member of a client's deal team.
- Underwrite and perform and risk analysis on complex relationships within the Commercial Banking Portfolio Management functional area
- Review and analyze business financial statements that require an in-depth evaluation of multiple factors
- Address key issues related to cash flow, liquidity, leverage, working capital, debt coverage, collateral, and repayment sources as part of the underwriting process
- Analyze and review the transaction structure as part of the underwriting package
- Evaluate and monitor customer collateral and adherence to loan requirements
- Resolve moderately complex issues in conjunction with the 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 Relationship Managers, Legal, various Capital Market product partners and the broader Commercial Banking Portfolio Management peers, colleagues, and mid-level managers to resolve issues and achieve goals
- 2+ years of secured or specialized lending portfolio management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Complex credit underwriting experience including advanced commercial Middle Market / Mid-Corp credit or specialty group relationship portfolio credit
- Strong analytical skills and the ability to spread, analyze perform in depth commercial financial statement analysis
- Demonstrated experience showing attention to detail, self-motivation, and the ability to independently problem solve
- Ability to understand, review and negotiate loan documentation
- Experience / ability working in a high paced environment, with strong organizational, multi-tasking, and prioritizing skills
- Ability to work in a highly collaborative work environment
- Excellent verbal, written, and interpersonal skills, with experience effectively working and communicating with internal partners both in person and remotely
- Strong Microsoft Office skills, including using Excel for financial analysis and projection modeling
- BS/BA degree or higher (preferably major in Finance/Accounting)
Posting End Date:
19 Dec 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 unit's 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 .
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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
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