Credit Product Portfolio Specialist at Wells Fargo

Boston, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

24 Apr, 26

Salary

145000.0

Posted On

24 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Secured Lending, Portfolio Management, Credit Evaluation, Risk Assessment, Client Relationships, Loan Documentation, Organizational Skills, Multi-tasking, Communication Skills, Microsoft Office Suite, Asset-Based Lending, Financial Analysis, Problem Resolution, Team Coordination, Business Analysis, Operational Priorities

Industry

Financial Services

Description

About this role: Wells Fargo is seeking a Specialty Industry Lending Relationship Associate within the Commercial Banking Capital Finance group to manage a portfolio of large corporate ABL accounts. Learn more about the career areas and lines of business at www.wellsfargojobs.com In this role, you will: Lead or participate in building and maintaining effective relationships with existing clients within their products or functional area, including sharing relevant information with coverage partners Review and analyze moderately complex business, operational, or technical challenges that require an in-depth evaluation of variable factors Independently review and analyze moderately complex client portfolios or partner with senior peers on more complex 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 Partner with coverage teams within the context of individual deals and client relationships to understand clients’ businesses, strategic objectives, operational priorities, and financial positions to identify and execute on opportunities for modifications, renewals, and refinancings Perform regular portfolio reviews to manage risk and lead problem loan resolutions, where applicable Collaborate and consult with peers and functional partners to resolve client servicing requests and inquiries related to their product Independently resolve moderately complex situations while developing a sound understanding of policies, procedures, and compliance requirements to meet business objectives and partner with senior peers for more complex issues Partner with product management functional partners to provide feedback on evolving market needs to enable the innovation, design, and delivery of credit solutions more effectively Contribute to large-scale planning related to a given product and/or specialty’s business objectives Serve as a mentor for lower level staff 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: 2+ years of experience in Asset-Based Lending (ABL) including credit evaluation and risk assessment as well as knowledge of large corporate lending and working knowledge of ABL and Capital markets Experience in reviewing and accurately interpreting loan documentation. Effective organizational, multi-tasking and prioritizing skills Ability to lead and coordinate with team members across Wells Fargo Strong verbal and written communication skill Proven track record of success in customer-facing roles with experience building and maintaining client relationships Advanced proficiency in Microsoft Office Suite, including Excel, PowerPoint, and Word Bachelor’s degree in Business, Finance, Economics, or a related field Job Expectations: Ability to travel 10% U.S. only – Pay Range: Chicago, Illinois Pay Range: $85,000-$133,000 USD annual Actual salary is determined by location, experience, and qualifications of the job May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards. #CommercialBanking 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. $85,000.00 - $145,000.00 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: 24 Jan 2026 *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. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo For questions on how to search and apply, visit our frequently asked questions.

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Responsibilities

The role involves managing a portfolio of large corporate ABL accounts and building effective relationships with clients. Responsibilities include analyzing client portfolios, managing risk, and collaborating with coverage teams to identify opportunities.