Portfolio Manager / Underwriter at Wells Fargo

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

12 Jan, 26

Salary

168000.0

Posted On

14 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Secured Lending Underwriting, Credit Analysis, Financial Statement Analysis, Industry Analysis, Projection Modeling, Risk Assessment, Legal Documentation, Portfolio Management, Collaboration, Communication, Analytical Skills, Attention To Detail, Microsoft Office, Credit Policies, Due Diligence, Problem Solving

Industry

Financial Services

Description

About this role: Wells Fargo’s Supply Chain Finance Group (“SCF”) supports companies with a broad range of supply chain solutions, including trade and receivables products, which provide a holistic approach to an enterprise’s working capital risk mitigation and financing needs. SCF is seeking a dynamic and results oriented Secured Lending Underwriter to join the Portfolio Management team to support SCF’s growing business. The Job will encompass a variety of unsecured and secured lending financing products including Key Accounts Purchase Programs (KAP), Supplier Finance Programs (SF), factoring, and ABL facilities, and will partner with Relationship Managers and Independent Risk Management to oversee the execution of credit related functions and portfolio support for SCF products. In this role, you will: Participate in managing all credit aspects for a broad portfolio of SCF clients: Perform detailed credit / financial statement analysis, industry analysis, and projection modeling to ensure accurate risk assessments; Present all information in concise and clear format for credit approval. Actively engage with credit approvers and other key stakeholders during the credit approval process; In conjunction with legal counsel, participate and assist in structuring and negotiating of legal documentation for any amendments related to existing SCF clients; Timely monitor performance trends for the portfolio. Prepare and present updates on the portfolio trends to senior leadership and Independent Risk Management; Validate proper risk ratings, oversee compliance and third-party diligence activities including collateral examinations, appraisals, and other business/contract diligence; and Responsible for adherence to all Wells Fargo credit policies and procedures. Review and interpret credit policies and procedures and incorporate requirements into credit analysis, risk assessments, and risk and rating recommendations. Participate and assist in due diligence meetings with client contacts in support of any delivery of amendments / changes and/or expanding existing business with clients. Collaborate closely with Corporate & Investment Banking and Commercial Banking bankers to support all client credit needs related to SCF products. Collaborate closely with SCF Originations and Underwriting teams to ensure steady information flow and smooth transitions. Receive direction from Secured Lending Underwriting supervisor and exercise independent judgement while developing understanding of function, policies, procedures, and compliance requirements. Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals. Required Qualifications: 2+ years of Secured Lending Underwriting experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Strong analytical skills, with heightened attention to detail and accuracy, recognizing importance of data integrity and adherence to credit policies and procedures. Strong verbal and written communication skills and ability to work effectively with internal stakeholders and clients, with the ability to convey complex financial information clearly. Working knowledge of various unsecured and secured lending programs and structures. History of exercising sound judgment and making timely decisions in a fast-paced and results-driven environment. Advanced Microsoft Office (Excel, Word, PowerPoint) skills. Job Expectation- Up to 20% travel Willingness to work on-site at stated location on the job opening. 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. Information will be shared about expectations during the recruitment process 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. $87,000.00 - $168,000.00 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: 30 Oct 2025 *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 Portfolio Manager / Underwriter will manage all credit aspects for a broad portfolio of SCF clients, performing detailed credit and financial statement analysis. They will also monitor performance trends and prepare updates for senior leadership and Independent Risk Management.