Senior Commercial Banking Portfolio Manager - Wells Fargo
Chicago, IL 60617
About the Job
About this role:At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do
We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired
Help us build a better Wells Fargo
It all begins with outstanding talent
It all begins with you
This is where your true career begins
We ranked #3 on the 2022 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career”
We support employees’ career aspirations and growth
We’re proud of our employee-centered business approach and our commitment to diversity, equity, and inclusion in the workplace
We offer competitive salaries and one of the richest benefits packages in the industry
Our Total Rewards program focuses on wellness, work-life balance and the financial health of our employees.About this role:Wells Fargo is seeking a Senior Commercial Banking Portfolio Manager to join our Market Coverage team as part of Commercial Banking
Learn more about the career areas and business divisions at In this role, you will:Participate in performing financial research, underwriting, and structuring of highly complex private banking as well as consumer and mortgage 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 and lead 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:4+ 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:Loan negotiation (rates, terms, and collateral requirements) experienceUnderwriting experience including advanced commercial or specialty group relationship portfolio creditExtensive knowledge and understanding of credit policy, loan servicing, risk management and group underwriting requirementsKnowledge and understanding of commercial and specialty group banking products and services4+ years of commercial underwriting experienceIntermediate Microsoft Office skillsStrong analytical skills including analyzing complex dataExcellent verbal, written, and interpersonal communication skillsA BS/BA degree or higherJob Expectations:This position offers a hybrid work schedule.Pay Range:California-Concord Pay Range $115,900-206,100 AnnuallyCalifornia-Irvine Pay Range $106,300-188,900 AnnuallyCalifornia-Los Angeles Pay Range $106,300-188,900 AnnuallyCalifornia-Oakland Pay Range $115,900-206,100 AnnuallyCalifornia-Palo Alto Pay Range $115,900-206,100 AnnuallyCalifornia-Sacramento Pay Range $106,300-188,900 AnnuallyCalifornia-San Francisco Pay Range $115,900-206,100 AnnuallyCalifornia-San Jose Pay Range $115,900-206,100 AnnuallyCalifornia-West Covina Pay Range $106,300-188,900 AnnuallyColorado-Denver Pay Range $96,600-171,800 AnnuallyIllinois – Chicago Pay Range: $106,300-188,900 AnnuallyWashington-Bellevue Pay Range $115,900-206,100 AnnuallyWashington-Seattle Pay Range $115,900-206,100 AnnuallyWashington-Tacoma Pay Range $106,300-188,900 AnnuallyMay be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.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.Pay 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.$96,600.00 - $188,900.00Benefits 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:7 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: MINNEAPOLIS, MN; SEATTLE, WA; SAN FRANCISCO, CA; SAN JOSE, CA; OAKLAND, CA; 120001-AZ-CHANDLER; SCOTTSDALE, AZ; TACOMA, WA; BOISE, ID; PALO ALTO, CA; CHICAGO, IL; IRVINE, CA; DENVER, CO; WEST COVINA, CA; SACRAMENTO, CA; LOS ANGELES, CA; CONCORD, CA; DALLAS, TX; BELLEVUE, WAType: Full time
We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired
Help us build a better Wells Fargo
It all begins with outstanding talent
It all begins with you
This is where your true career begins
We ranked #3 on the 2022 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career”
We support employees’ career aspirations and growth
We’re proud of our employee-centered business approach and our commitment to diversity, equity, and inclusion in the workplace
We offer competitive salaries and one of the richest benefits packages in the industry
Our Total Rewards program focuses on wellness, work-life balance and the financial health of our employees.About this role:Wells Fargo is seeking a Senior Commercial Banking Portfolio Manager to join our Market Coverage team as part of Commercial Banking
Learn more about the career areas and business divisions at In this role, you will:Participate in performing financial research, underwriting, and structuring of highly complex private banking as well as consumer and mortgage 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 and lead 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:4+ 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:Loan negotiation (rates, terms, and collateral requirements) experienceUnderwriting experience including advanced commercial or specialty group relationship portfolio creditExtensive knowledge and understanding of credit policy, loan servicing, risk management and group underwriting requirementsKnowledge and understanding of commercial and specialty group banking products and services4+ years of commercial underwriting experienceIntermediate Microsoft Office skillsStrong analytical skills including analyzing complex dataExcellent verbal, written, and interpersonal communication skillsA BS/BA degree or higherJob Expectations:This position offers a hybrid work schedule.Pay Range:California-Concord Pay Range $115,900-206,100 AnnuallyCalifornia-Irvine Pay Range $106,300-188,900 AnnuallyCalifornia-Los Angeles Pay Range $106,300-188,900 AnnuallyCalifornia-Oakland Pay Range $115,900-206,100 AnnuallyCalifornia-Palo Alto Pay Range $115,900-206,100 AnnuallyCalifornia-Sacramento Pay Range $106,300-188,900 AnnuallyCalifornia-San Francisco Pay Range $115,900-206,100 AnnuallyCalifornia-San Jose Pay Range $115,900-206,100 AnnuallyCalifornia-West Covina Pay Range $106,300-188,900 AnnuallyColorado-Denver Pay Range $96,600-171,800 AnnuallyIllinois – Chicago Pay Range: $106,300-188,900 AnnuallyWashington-Bellevue Pay Range $115,900-206,100 AnnuallyWashington-Seattle Pay Range $115,900-206,100 AnnuallyWashington-Tacoma Pay Range $106,300-188,900 AnnuallyMay be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.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.Pay 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.$96,600.00 - $188,900.00Benefits 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:7 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: MINNEAPOLIS, MN; SEATTLE, WA; SAN FRANCISCO, CA; SAN JOSE, CA; OAKLAND, CA; 120001-AZ-CHANDLER; SCOTTSDALE, AZ; TACOMA, WA; BOISE, ID; PALO ALTO, CA; CHICAGO, IL; IRVINE, CA; DENVER, CO; WEST COVINA, CA; SACRAMENTO, CA; LOS ANGELES, CA; CONCORD, CA; DALLAS, TX; BELLEVUE, WAType: Full time
Source : Wells Fargo