Vice President, Portfolio Management - TMT

The 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.  Learn more about the career areas and lines of business at wellsfargojobs.com.

About this role:

Wells Fargo is seeking a Vice-President level Portfolio Manager for the Technology, Media & Telecom (TMT) team within Wells Fargo Corporate & Investment Banking. This TMT Lead CIB Portfolio Manager will partner with Industry Coverage, IG Syndications, Leveraged Finance, Leveraged Underwriting, Macro, Global Payments & Liquidity, and Risk Management to oversee the execution of credit related functions and oversight on a portfolio of private and public companies. The TMT team manages relationships with leading global companies that operate within a wide variety of sub-sectors, including Software, Internet/Digital, Hardware, Semiconductor, Media & Telecom, Data & Analytics, and FinTech.

In this role, you will:

• Manage and oversee credit aspects of a broad portfolio of public and private companies across the TMT sector

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

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

• Partner with senior bankers to prepare and present portfolio updates to senior leadership, risk management and coverage partners

• Partner with Corporate Banking Relationship Management, Industry Coverage and Debt Capital Markets Bankers, and other product partners 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

• On-going coordination and partnership with Industrials 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

• Directly or indirectly manage, mentor and train junior team members

• 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:

• 5+ 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:

• 4+ years of experience in deal execution or portfolio management in TMT related subsectors

• Strong analytical skills with high attention to detail and accuracy

• Strong accounting skills and ability to analyze financial statements

• Excellent verbal, written, and interpersonal communication skills

• High level of initiative and accountability

• Strong Excel skills and intermediate Microsoft Office Word, and PowerPoint skills

• Experience in assessing and modifying projection models

• Strong knowledge of credit agreements and structures

• Knowledge and understanding of corporate banking credits, cash flow analysis, and underwriting guidelines 

• Ability to multitask, time management and prioritization 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 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.]

• Ability to travel up to 30% of the time

Posting Locations:

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

• 550 S Tryon St. - Charlotte, North Carolina 28202

New York City-Pay Range: $225,000-$225,000

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.