Lead Commercial Banking Portfolio Manager - Middle Market at Wells Fargo
Houston, TX 77001
About the Job
About this role:Wells Fargo is seeking a Commercial Banking Portfolio Manager as part of the Middle Market Credit Execution Team
This role is responsible for credit portfolio management to meet the long-term financial objectives and risk tolerance for commercial banking clients
Serves as a key member of a client’s deal team
Learn more about the career areas and lines of business at wellsfargojobs.com.In this role, you will:Evaluate and approve credit requests and portfolio monitoring activities for middle market commercial and industrial companies and investor real estate sponsorsParticipate in performing financial research, underwriting, and structuring of relationships within Commercial Banking Portfolio Management functional areaReview and research business financial statements and tax returns that require an in-depth evaluation of multiple factorsResolve moderately complex issues in conjunction with functional Commercial Banking Portfolio Management team, to meet project deliverables, while leveraging solid understanding of the function, policies, procedures, and compliance requirementsCollaborate and consult with Commercial Banking Portfolio Management peers, colleagues, and mid level managers to resolve issues and achieve goalsLead projects and teams or serve as a mentor for less experienced individualsRequired 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, educationDesired Qualifications:Portfolio management and underwriting experience specific to commercial & industrial and investor real estate credit requests Experience negotiating loan documentation and working with attorneys and loan administrators on closing transactionsComprehensive knowledge and understanding of commercial or specialty group: lending, loan servicing, products, and credit practicesComprehensive knowledge and understanding of risk managementExperience effectively working and communicating with customersExcellent verbal, written, and interpersonal communication skillsStrong organizational, multi-tasking, and prioritizing skillsPrevious experience using Blast, Creditview or NcinoDemonstrated experience showing attention to detail, self-motivation and the ability to independently problem solvePay RangeReflected is the base pay range offered for this position
Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location
The range listed is just one component of the compensation package offered to candidates.$111,100.00 - $237,100.00Benefits 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 benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursementPosting End Date:23 Oct 2024*Job posting may come down early due to volume of applicants.We Value DiversityAt 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.Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.Drug and Alcohol PolicyWells 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.SummaryLocation: WEST COVINA, CA; SEATTLE, WA; PHOENIX, AZ; SAN FRANCISCO, CA; SAN JOSE, CA; OAKLAND, CA; VISALIA, CA; MESA, AZ; BOISE, ID; TEMPE, AZ; HOUSTON, TX; MINNEAPOLIS, MN; CHICAGO, IL; IRVINE, CA; SANTA ROSA, CA; DENVER, CO; SACRAMENTO, CA; SALT LAKE CITY, UT; SAN DIEGO, CA; CONCORD, CA; LOS ANGELES, CA; DALLAS, TXType: Full time
This role is responsible for credit portfolio management to meet the long-term financial objectives and risk tolerance for commercial banking clients
Serves as a key member of a client’s deal team
Learn more about the career areas and lines of business at wellsfargojobs.com.In this role, you will:Evaluate and approve credit requests and portfolio monitoring activities for middle market commercial and industrial companies and investor real estate sponsorsParticipate in performing financial research, underwriting, and structuring of relationships within Commercial Banking Portfolio Management functional areaReview and research business financial statements and tax returns that require an in-depth evaluation of multiple factorsResolve moderately complex issues in conjunction with functional Commercial Banking Portfolio Management team, to meet project deliverables, while leveraging solid understanding of the function, policies, procedures, and compliance requirementsCollaborate and consult with Commercial Banking Portfolio Management peers, colleagues, and mid level managers to resolve issues and achieve goalsLead projects and teams or serve as a mentor for less experienced individualsRequired 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, educationDesired Qualifications:Portfolio management and underwriting experience specific to commercial & industrial and investor real estate credit requests Experience negotiating loan documentation and working with attorneys and loan administrators on closing transactionsComprehensive knowledge and understanding of commercial or specialty group: lending, loan servicing, products, and credit practicesComprehensive knowledge and understanding of risk managementExperience effectively working and communicating with customersExcellent verbal, written, and interpersonal communication skillsStrong organizational, multi-tasking, and prioritizing skillsPrevious experience using Blast, Creditview or NcinoDemonstrated experience showing attention to detail, self-motivation and the ability to independently problem solvePay RangeReflected is the base pay range offered for this position
Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location
The range listed is just one component of the compensation package offered to candidates.$111,100.00 - $237,100.00Benefits 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 benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursementPosting End Date:23 Oct 2024*Job posting may come down early due to volume of applicants.We Value DiversityAt 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.Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.Drug and Alcohol PolicyWells 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.SummaryLocation: WEST COVINA, CA; SEATTLE, WA; PHOENIX, AZ; SAN FRANCISCO, CA; SAN JOSE, CA; OAKLAND, CA; VISALIA, CA; MESA, AZ; BOISE, ID; TEMPE, AZ; HOUSTON, TX; MINNEAPOLIS, MN; CHICAGO, IL; IRVINE, CA; SANTA ROSA, CA; DENVER, CO; SACRAMENTO, CA; SALT LAKE CITY, UT; SAN DIEGO, CA; CONCORD, CA; LOS ANGELES, CA; DALLAS, TXType: Full time
