Senior Lead CIB Portfolio Manager - Executive Director, Sponsors Portfolio Management

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

About this role:

Wells Fargo is seeking a Senior Lead CIB Portfolio Manager to join the Sponsors Portfolio Management team supporting Wells Fargo’s growing Financial Sponsor business.  The team partners with Financial Sponsors Group, Leverage Underwriting, Industry Coverage and Risk Management to oversee execution of credit related functions and portfolio oversight comprised of portfolio company exposures across Technology, Media and Telecom, Industrials, Healthcare, Financial Institutions, and Consumer and Retail.

In this role, you will:

• Manage and oversee credit aspects of a broad portfolio of sponsor-owned portfolio companies across multiple industries

• Complete detailed credit, financial statement analysis, industry analysis and projection modeling to ensure accurate and timely monitoring, risk rating, covenant compliance, watchlist updates, and recognition of potential problems loans of leveraged credit portfolio

• Partner with Leverage Underwriting and Financial Sponsors Group to execute on final credit memos and loan documentation

• Provide high-touch portfolio monitoring, trending & analytics and aggregate reporting.  Provide and present portfolio updates as needed to senior leadership, risk management and coverage partners

• Lead coordination and execution of loan booking, closing, legal documentation and compliance requirements

• Partner with Financial Sponsors Group, Corporate Banking Relationship Management and Industry Bankers to support client coverage needs related to credit products. Lead credit analysis support and execution to grow relationships through products such as rates/FX/operating exposure for cash management.  Engage with clients as needed

• Assist with credit process for refinancings and amendments, as needed, in partnership with Sponsor Coverage and Leveraged Underwriting

• On-going coordination and partnership with Sponsor Independent Risk Management related to borrower and/or portfolio needs

• Assist with coordination and preparation for borrower/portfolio reviews and responses for internal and external exams

• Train and mentor team of Associates and Analysts

• Responsible for adherence to all Wells Fargo credit policies and procedures. Review and interpret credit policies and procedures and incorporate requirements into credit analysis, observations and lending recommendations

Required Qualifications, US:

• 7+ years of Experience in CIB Portfolio Management, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications, US:

• CIB Portfolio Management experience, experience with leveraged lending, experience with Sponsor Portfolio management

• Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment

• Ability to navigate within a large and complex organization

• Experience building partnerships and consulting effectively with leadership

• Strong communication and presentation skills

• Strong credit and technical skills

Job Expectations:

• Registration for Securities Industry Essentials (SIE) exam must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted

• Registration for FINRA Series 63 (or 66) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted

• Registration for FINRA Series 7 (or 79) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted

• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.

• 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.

Location:

• 500 West 33rd St. - New York, New York 10001

Pay Range:

• New York - New York Pay Range: $275,000.00 - $275,000.00 

Pay Range
 

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.

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

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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.

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.