Senior Commercial Banking Portfolio Manager, VP
Location: Toronto, Canada Job ID R-142830About this role:
Wells Fargo is seeking a Senior Commercial Banking Portfolio Manager, V in Middle Market Banking as part of the Northeast Credit Portfolio Management team. The role is based in our Toronto office.
In this role, you will:
Participate in performing financial research, underwriting, and structuring of highly complex banking within Commercial Banking Portfolio Management functional area
Review and research business financial statements and tax returns that require an in-depth evaluation of multiple factors
Resolve complex issues and lead 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 Commercial Banking Portfolio Management peers, colleagues, and mid level managers to resolve issues and achieve goals
Lead projects and teams or serve as a mentor for less experienced individuals
Be accountable for credit underwriting and origination, portfolio monitoring, renewals and annual reviews, coordination of pricing, and for revenue growth, and relationship profitability.
Work with clients directly to understand credit needs and represents the bank in developing and maintaining client relationships.
Mentor/coach a team of analysts or junior portfolio managers.
Required Qualifications:
4+ years of Commercial Banking Portfolio Management and Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Experience in underwriting/portfolio management in the "national accounts" space or commercial banking
Credit underwriting experience, including commercial and industrial, investor real estate or specialty industries
Experience negotiating credit structures, interest rates, price, terms, and collateral requirements
Knowledge and understanding of commercial and specialty group banking products and services
Extensive knowledge and understanding of credit policy, loan servicing, risk management and group underwriting requirements
Job Expectations:
Ability to travel up to 10% of the time
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, or status as a protected veteran.
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.
