CIB Portfolio Associate

About this role:

This role is within Corporate & Investment Banking (CIB) team within Wells Fargo India and the supports the structured finance, corporate debt finance and lending department within CIB business covering both large domestic and international clients.
The role involves working and supporting an industry leading structured finance department. Specifically, this involves credit analysis/portfolio management support for a large department that lends money to financial institutions. The role also involves review of various client documents, undertaking financial review, credit analysis, writing different types of memos, compiling regular weekly/monthly/quarterly reports, trend analysis, covenant review, ratio calculations, etc. and will require working closely with front office team in the business. The role involves significant opportunities to learn, develop and work as an integral member of the business.

In this role, you will:

• Participate in monitoring, documenting, underwriting, and reacting to the credit quality of an assigned portfolio of loans within CIB Portfolio Management functional area and contribute to planning related to functional area deliverables
• Review less complex or tactical issues, policies or procedures for which answers can be quickly obtained related to low-to-medium risk tasks and deliverables
• Receive direction from supervisor and exercise judgment while developing understanding of functions, policies, procedures, and compliance requirements
• Provide information to managers, functional colleagues and stakeholders

Required Qualifications:

• 6+ months of CIB Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired qualifications:

• Financial statement analysis. Reviewing monthly client reporting to check for completeness & accuracy of financial calculations including covenants.
• Preparing a summary of the above either in written format or in a common-sized excel format.
• Maintaining various databases and various spreadsheets for internal reporting.
• Tracking & reporting on financial trends of the client or loan weve given them.
• Preparing monthly &/or quarterly decks to report on the above.

Job Expectations:

• At least a B. Com/M. Com or an equivalent qualification. MBA, CA, CFA FRM or an equivalent qualification would be a plus.
• Up to 2 years' experience in credit analysis, debt or equity research, corporate lending; experience in structured finance (including work on mortgage-backed securities, bond securitizations or collateralized lending), securitization and/or CDF markets related experience with another large bank is desirable.
• In-depth understanding of financial statements and accounting policies (IFRS/ GAAP etc.) of large corporates and/or financial institutions with ability to comprehend key risks.
• Proficiency in MS Office (Word, Excel & PowerPoint); advanced knowledge of excel, VBA, python, macros, etc. would be a plus.
• Strong communication skills both verbal and written; ability to speak articulately & strong business writing skills (error free, correct grammar, etc.).
• High level of personal motivation, strong interpersonal skills to work across continents.
• Must be able to work in a fast-paced production environment and juggle a variety of tasks (time management skills are important).
• Must be comfortable working independently and as part of a team.