Commercial Banking Portfolio Associate at Wells Fargo
New York, New York, USA -
Full Time


Start Date

Immediate

Expiry Date

23 Nov, 25

Salary

92000.0

Posted On

23 Aug, 25

Experience

1 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Economics, Communication Skills, Commercial Banking, Training, Collaboration, Finance, Analytical Skills, Loan

Industry

Financial Services

Description

PAY RANGE

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$92,000.00 - $145,000.00

APPLICANTS WITH DISABILITIES

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

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

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:

  • Bachelor’s degree in accounting, business, economics, finance or related field
  • 1+ year of Commercial Banking or ABL experience
  • Loan and Portfolio Monitoring and Administration experience
  • Experience in client facing role with focus on problem solving and/or client experience
  • Advanced experience in MS Office suite of products
  • Strong analytical skills with high attention to detail and accuracy
  • Excellent verbal, written, and interpersonal communication skills
  • Ability to work effectively in a team environment and across all organizational levels; where flexibility, collaboration, and adaptability are important
  • Energetic, quick learner, positive attitude, self-motivated
  • Ability to work independently, organizing and managing multiple prioritie
Responsibilities

Wells Fargo is seeking a Commerical Banking Portfolio Associate within the Asset Based Lending group within Commercial Banking. Learn more about the career areas and lines of business at www.wellsfargojobs.com

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:

  • Bachelor’s degree in accounting, business, economics, finance or related field
  • 1+ year of Commercial Banking or ABL experience
  • Loan and Portfolio Monitoring and Administration experience
  • Experience in client facing role with focus on problem solving and/or client experience
  • Advanced experience in MS Office suite of products
  • Strong analytical skills with high attention to detail and accuracy
  • Excellent verbal, written, and interpersonal communication skills
  • Ability to work effectively in a team environment and across all organizational levels; where flexibility, collaboration, and adaptability are important
  • Energetic, quick learner, positive attitude, self-motivated
  • Ability to work independently, organizing and managing multiple priorities

Job Expectations:

  • Ability to travel up to 10% of the time
  • Ability to work a hybrid work schedule
  • 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.
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