Vice President - Lead CIB Portfolio Manager, TMT
📋 Role Overview & Responsibilities
About This Role
Wells Fargo is seeking a Lead CIB Portfolio Manager to join the Portfolio Management team to support Wells Fargo's growing Technology Media and Telecom (TMT) business. The Portfolio Manager will partner with Relationship Managers, Industry Coverage and Risk Management to oversee execution of credit related functions and portfolio support.
In This Role, You Will
Manage and oversee credit aspects of a broad portfolio of TMT companies. VPs will have an assigned portfolio and also will support senior portfolio managers on larger, complex borrowing relationship as well as refinances, amendments, and new borrower requests.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 portfolioLead coordination and execution of loan booking, closing, legal documentation, compliance requirements, and final credit memosPartner with senior banker to prepare and present portfolio updates as needed to senior leadership, risk management and coverage partnersPartner 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 neededOn-going coordination and partnership with TMT Independent Risk Management related to borrower and/or portfolio needsAssist with coordination and preparation for borrower/portfolio reviews and responses for internal and external examsTrain and mentor team 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
5+ years of experience in corporate banking portfolio management and underwriting, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications
CIB Portfolio Management experience, experience with TMT sectors/subsectors (e.g. technology, media, telecom, payments, business services), merger and acquisition financing, and/or leveraged lendingExperience with training and development of junior team members Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environmentAbility to navigate within a large and complex organizationExperience building partnerships and consulting effectively with leadershipStrong communication and presentation skillsStrong credit and technical skillsAbility to work from New York City office preferred
Pay Range
$120,400.00 - $287,600.00
Benefits
Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.
401(k) PlanPaid Time OffParental LeaveCritical Caregiving LeaveDiscounts and SavingsHealth BenefitsCommuter BenefitsTuition ReimbursementScholarships for dependent childrenAdoption Reimbursement
Posting End Date
25 Apr 2024
Job posting may come down early due to volume of applicants.
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, status as a protected veteran, or any other legally protected characteristic.
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.
Reference Number
R-359371-1
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