Wells Fargo is seeking an Associate to join the Technology Finance division, an industry leader in delivering financing solutions to private equity-backed, founder-owned and publicly traded software/technology companies. The Associate will partner with a senior relationship manager, as a member of a dedicated deal team, managing a portfolio of middle-market client relationships and related financing solutions, which serve to address a variety of strategic and operating needs, including M&A and growth-oriented capital.
In this role, you will:
Assist with the execution of financing transactions, for financial sponsors and customers, including (i) completion of due diligence, (ii) financial modeling, (iii) credit analysis and, (iv) drafting and presenting credit memorandums
Engage (directly), and build relationships, with customers and their respective executive leadership and finance teams
Complete ongoing financial performance analyses, for portfolio, and present to senior leadership and risk management
Prepare and review enterprise and cash flow valuation analyses
Review legal diligence and assist in negotiation of credit/security-related and other, ancillary documentation
Aid in the development and execution of Technology Finance and company-wide strategic initiatives, via specialized project work and/or assignments
Execute on applicable risk programs and adhere to Wells Fargo policies and procedures
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 refinancing
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:
2+ years of experience in commercial lending, credit, investment banking, consulting, or accounting, preferably, in the software/technology sector
Advanced Microsoft Office (Excel and PowerPoint) skills
Experience in financial analysis and modeling and, working knowledge of accounting principles and concepts
Strong analytical skills, with heightened attention to detail and accuracy
Strong verbal and written communication skills
Ability to work in a fast-paced, deadline-driven environment
Job Expectations:
This position offers a hybrid work schedule.
Willingness to work on-site at stated location on the job opening
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. $115,900.00 - $206,100.00 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 Oct 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 .
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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
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b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.