Commercial Banking Portfolio Manager

About this role:

Wells Fargo is seeking a Commercial Banking Portfolio Manager to support senior underwriters in the Gaming Group as part of Specialized Industries in the Commercial Bank.  The position will support deal teams in 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, racinos, gaming device manufacturers, pari-mutuel racetracks, card rooms, and lottery operators. Learn more about the career areas and business divisions at wellsfargojobs.com.     

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:

• Knowledge of financial accounting and financial statement analysis

• Intermediate MS Excel skills

• Demonstrated analytical thinking with a high attention to detail

• Ability to build and maintain productive working relationships with internal partners

• High level of initiative and accountability working in a fast-paced deadline driven environment

• Excellent verbal, written, and interpersonal communication skills

Job expectations: 

•  This position is not eligible for Visa sponsorship 

• This position offers a hybrid work schedule 

• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process 

#commercialbanking 

Location: 

• 3800 Howard Hughes Parkway - Las Vegas, Nevada 89169

• 333 South Grand Avenue - Los Angeles, California 90071 

Pay Range: 

California Range: $84,000 - $149,400 USD annual (this range may not be applicable to other locations) 

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.

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:

*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.

Salary : $84,000 - $149,400