Sports Banking Portfolio Manager - Vice President

at  Wells Fargo

Charlotte, North Carolina, USA -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate27 Nov, 2024Not Specified30 Aug, 2024N/AEquity Capital Markets,Leadership Skills,Bridge,Interest Rates,Training,Loan Servicing,UnderwritingNoNo
Add to Wishlist Apply All Jobs
Required Visa Status:
CitizenGC
US CitizenStudent Visa
H1BCPT
OPTH4 Spouse of H1B
GC Green Card
Employment Type:
Full TimePart Time
PermanentIndependent - 1099
Contract – W2C2H Independent
C2H W2Contract – Corp 2 Corp
Contract to Hire – Corp 2 Corp

Description:

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo.
It all begins with outstanding talent. It all begins with you.
About this role: Wells Fargo is seeking a Lead Portfolio Manager as part of the Specialized Industries Sports Banking group. The desired location for this position is Charlotte, NC. Learn more about the career areas and lines of business at wellsfargojobs.com

In this role, you will:

  • Manage a portfolio of relationships within Specialized Industries Sports Banking.
  • Lead and assist deal teams comprised of junior portfolio managers to produce all credit analysis and approval documentation including in-depth diligence on historical and projected performance, industry and economic trends and key risks.
  • Responsible for the credit underwriting process, including, structuring, negotiating and execution of the most complex transactions with little to no supervision, including but not limited to acquisition financing, bridge underwriting, capital markets transactions, refinancings, incremental capital requests and amendments.
  • Manage all aspects of the credit approval process for ancillary banking products such as treasury management products, letters of credit, derivative hedging and other non-credit related products.
  • Will also manage the credit quality of assigned portfolio of loans on an ongoing basis including the production of periodic credit assessments and annual reviews.
  • In partnership with Sports Banking Relationship Managers, directly leads the credit approval process including presenting to Independent Risk Management, applicable credit committees and Senior Management.
  • Has significant client interaction to understand credit needs and represents the bank in developing and maintaining client relationships.
  • Continuously looks for opportunities for revenue generation through additional products and services.
  • Manages and promotes the maintenance of a portfolio that adheres to all applicable credit policies, procedures and compliance requirements.
  • Responsibilities will also include training, supervision and mentoring of credit analysts and junior portfolio managers.

Required Qualifications:

  • 5+ years of Commercial Banking Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

  • Extensive knowledge and understanding of the Sports Banking Industry
  • Strong knowledge and understanding of risk management and complex credit executions related to acquisition financing and bridge underwriting
  • Strong knowledge and understanding of negotiating: interest rates, price, terms, and collateral requirements for leveraged transactions
  • Strong knowledge and understanding of commercial or specialty group: lending, loan servicing, products, and credit practices
  • Strong knowledge and understanding of debt and equity capital markets
  • Strong credit analysis skills of leveraged credits management
  • Experience originating, structuring, and executing bank lending transactions, other credit related products, for critical or complex clients
  • Advanced communication, coordination and leadership skills, including the ability to synthesize significant amounts of company, transaction and industry information into a well-supported credit thesis and recommendation.

Job Expectations:

  • Ability to travel up to 10% of the time

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

Responsibilities:

  • Manage a portfolio of relationships within Specialized Industries Sports Banking.
  • Lead and assist deal teams comprised of junior portfolio managers to produce all credit analysis and approval documentation including in-depth diligence on historical and projected performance, industry and economic trends and key risks.
  • Responsible for the credit underwriting process, including, structuring, negotiating and execution of the most complex transactions with little to no supervision, including but not limited to acquisition financing, bridge underwriting, capital markets transactions, refinancings, incremental capital requests and amendments.
  • Manage all aspects of the credit approval process for ancillary banking products such as treasury management products, letters of credit, derivative hedging and other non-credit related products.
  • Will also manage the credit quality of assigned portfolio of loans on an ongoing basis including the production of periodic credit assessments and annual reviews.
  • In partnership with Sports Banking Relationship Managers, directly leads the credit approval process including presenting to Independent Risk Management, applicable credit committees and Senior Management.
  • Has significant client interaction to understand credit needs and represents the bank in developing and maintaining client relationships.
  • Continuously looks for opportunities for revenue generation through additional products and services.
  • Manages and promotes the maintenance of a portfolio that adheres to all applicable credit policies, procedures and compliance requirements.
  • Responsibilities will also include training, supervision and mentoring of credit analysts and junior portfolio managers


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Banking/Mortgage

Banking / Insurance

BFSI

Graduate

Proficient

1

Charlotte, NC, USA