Commercial Banking Portfolio Manager

Req#: R-327374

About this role:

Wells Fargo is seeking a Senior Commercial Banking Portfolio Manager...

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo's vision is to satisfy our customers financial needs and help them succeed financially. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Wells Fargo India and Philippines (WFIP) is an integral part of the Well Fargo Enterprise and provides Operations and Technology support to the WF Enterprise Business. WFIP operates out of 4 sites across 2 countries and currently has 28,000 employees supporting all lines of business covering business operations, technology development and support.

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 performing credit 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: (a) Performing loan modification/service/monitoring activities (b) Analyzing borrower information, financial statements, tax returns and collateral to determine accuracy of risk ratings

Responsibilities include, but not limited to:

Evaluate financial performance of 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 include review 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 check of work performed by junior team members and provide appropriate feedback on the same.

Training & mentoring junior 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