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 Commercial Banking Portfolio Manager to support senior underwriters in our Gaming Group. The position will support small deal teams that provide research, analysis, and underwriting to prepare recommendations to extend loans and monitor existing credit relationships. The Gaming Group works with a variety of entities within the Gaming industry, including Native American and corporate gaming enterprises, integrated casino resorts, hotels/casinos, riverboat casinos, racinos, gaming device manufacturers, pari-mutuel racetracks, card rooms, lottery operators, and Native American governments.
In this role, you will:
Support senior underwriters in managing a complex credit portfolio of relationships within the Commercial Banking Gaming Group
Research complex financial and credit information for commercial businesses according to business unit standards for the Gaming Group
Perform excel-based financial modeling, conduct credit analysis, industry and business risk analysis in support of loan structuring decision making activities and determining creditworthiness of gaming companies
Present recommendations to resolve complex issues and exercise independent judgement while developing expertise in the function, policies, procedures, and compliance requirements
Collaborate and consult with internal and external stakeholders to understand credit needs and represents the bank in developing, monitoring, and growing client relationships
Provide general support to senior portfolio managers, relationship managers, and risk professionals to originate, monitor, and grow the portfolio
Specifically accountable for credit underwriting and origination, portfolio monitoring, renewals, and annual reviews
Required Qualifications:
2+ 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:
Advanced excel skills to include financial modeling
Good working knowledge of financial accounting and financial statement analysis
Ability to build and maintain productive working relationships with internal partners
Excellent verbal, written, and interpersonal communication skills
Effective time management and organization skills
Ability to work in a fast-paced deadline driven environment
High level of initiative and accountability
Proactive, persistent, organized, and results oriented
Sound analytical thinking and high attention to detail
Comfortable working independently and as part of a team
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. $84,000.00 - $164,400.00 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: 23 Sep 2024 * Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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.
Candidates applying to job openings posted in US: 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.
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.