Associate ABL Relationship Manager

at  Wells Fargo

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Required Qualifications:

• 2+ years of secured or specialized lending relationship management or portfolio management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educatio

Desired Qualifications:

• Experience in reviewing and accurately interpreting loan documentation, collaborating with deal teams and underwriting credit facilities for middle market and large corporate borrowers.
• Strong knowledge of large corporate lending and working knowledge of ABL and Capital markets
• Effective Organizational, multi-tasking and prioritizing skills
• Ability to lead and coordinate team members across Wells Fargo to close and structure transaction
• Strong verbal and written communication skil

Wells Fargo is seeking an Credit Product Portfolio Specialist (Associate Asset Based Lending Relationship Manager) to manage a portfolio of Corporate ABL accounts.

In this role, you will:

• Participate in building and maintaining effective relationships with existing clients within their products or functional area, including sharing relevant information with coverage partners and senior peers
• Review and analyze basic business, operational, or technical assignments or challenges that require research, evaluation, and selection of alternatives, and exercise independent judgment to guide medium risk deliverables
• Participate or provide support to review and analyze low to moderately complex client portfolios for key issues related to cash flow, liquidity, leverage, working capital, debt coverage, collateral and enterprise value analysis, and repayment sources, including for use in periodic reviews as well as interim underwriting memoranda
• Present recommendations for resolving low to moderately complex situations and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements
• Partner with senior peers within the context of individual deals and client relationships to develop inquiries or identify gaps to support the understanding of clients’ businesses, strategic objectives, operational priorities, and financial positions to identify and execute on opportunities for modifications, renewals, and refinancings
• Participate in regular portfolio reviews to manage risk and lead problem loan resolutions, where applicable
• Partner with product management functional partners to provide feedback on the use of tools to deliver credit solutions more effectively, meeting client and market needs
• Collaborate and consult with senior peers and functional partners to resolve client servicing requests and inquiries related to their product
• Contribute to functional area planning related to a given product

Required Qualifications:

• 2+ years of secured or specialized lending relationship management or portfolio management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Experience in reviewing and accurately interpreting loan documentation, collaborating with deal teams and underwriting credit facilities for middle market and large corporate borrowers.
• Strong knowledge of large corporate lending and working knowledge of ABL and Capital markets
• Effective Organizational, multi-tasking and prioritizing skills
• Ability to lead and coordinate team members across Wells Fargo to close and structure transaction
• Strong verbal and written communication skill

Job Expectations:

• Travel 10%
• This position offers a hybrid work schedule.
• Willingness to work on-site at stated location on the job opening.

Los Angeles -Pay Range: $106,300-$188,900
Boston - Pay Range: $115,900-$206,100