Commercial Banking Portfolio Manager

Wells Fargo is seeking aSenior Commercial Banking Portfolio Manager

Department Overview

Wells Fargo Middle Market Banking (MMB) delivers a comprehensive suite of products and industry expertise to serve the diverse financial needs of companies with annual sales typically ranging from $5 million to $2 billion. As a leader in serving commercial customers, Wells Fargo offers financial services including credit and treasury management solutions as well as specialized expertise across industries including Technology, Food, Beverage & Agribusiness, Investor Real Estate and Government.

The role involves performingcredit investigation and analyzing complex and diverse credit information for companies and industries for Commercial loans (including real estate asset class). Functions include but not limited to:

• Performing loan modification/service/monitoring activities
• Analyzing borrower information, financial statements, tax returns and collateral to determine accuracy of risk ratings

Responsibilities include, but not limited to:

• Evaluate financial performanceof companies / borrower / guarantor / commercial real estate asset class based on a variety of factors including past and current performance, management projections and market changes over the time period.
• This would includereview of various financial statements, such as balance sheet, income statement, cash flows, and statement of changes in equity.
• Perform market research using various third party applications and compare performance of borrowing entity against market data to draw conclusion of overall performance.
• Determine appropriate risk rating, both qualitative and quantitative based on performance during the review time period and compare it against bank's credit guidelines.
• Document and synthesize findings based on above mentioned reviews into a credit report which would be for presented to lending officers and / or approval committees.
• Quality checkof work performed by junior team members and provide appropriate feedback on the same.
• Training & mentoringjunior colleagues along with reviewing, checking & overseeing and undertaking workload planning as well.
• Understand the feedback received from the onshore team members and disseminate the same to the team.
• MBA (Finance /Banking), Cost and Management Accountancy, Chartered Accountancy or post- graduation in Economics.
• At least 8 years of overall commercial credit experience across diversified asset class (includes corporate entities and real estate asset class)
• Good knowledge on financial statements for various industries with ability to ascertain trends, ratios and call out key risks when compared to benchmarks (historical and industry performance).
• Well versed with Discounted Cash Flow, Comparable Company, and Precedent Transaction analysis. Working experience with Moody's Risk Analytics would be a plus.
• Experience in assessing credit worthiness of borrower based on various qualitative and quantitative factors
• Excellent communication skills, with special focus on business writing skills for credit reports.
• Ability to read, comprehend and synthesize data regarding borrower performance / market related information from multiple sources into one prescribed template.
• Advanced excel skills would be a plus