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At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

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Wells Fargo is seeking a Commercial Banking Portfolio Associate in the Middle Market Division as part of the Commercial Banking Group. Learn more about the career areas and lines of business at wellsfargojobs.com

About this role:

Wells Fargo is seeking a Commercial Banking Portfolio Associate

In this role, you will:

• Focus on managing a complex credit portfolio of middle market account relationships within the Middle Market Banking Office
• Assist with financial modeling and projections, credit analysis, and industry or business risk analysis, in support of loan structuring decision making activities for mid-sized companies, large corporations, and real estate developers
• Support senior staff in credit underwriting which accounts for all risk factors and providing risk rating recommendations
• General responsibilities include working with senior management, relationship managers and credit to originate, monitor and grow middle market relationships
• Specifically accountable for credit underwriting and origination, portfolio monitoring, renewals and annual reviews, coordination of pricing, and for revenue growth, and relationship profitability
• Manages and promotes the maintenance of a portfolio that adheres to all applicable credit policies and compliance requirements
• Works with clients directly to understand credit needs and represents the bank in developing and maintaining client relationships
• Collaborate and consult with functional colleagues, internal partners, and stakeholders including internal as well as external customers
• May review and negotiate loan documentation with internal and external counsel, and clients / prospects.

This position is not eligible for VISA sponsorship

Required Qualifications:

• 6+ months 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 and understanding of rates, credit terms, loan structures, and collateral requirements
• Underwriting experience including advanced commercial or specialty group relationship portfolio credit, including both commercial & industrial and investor real estate opportunities
• Knowledge and understanding of commercial and specialty group banking products and services
• Knowledge and understanding of credit policy, loan servicing, risk management, and group underwriting requirements
• Experience with financial modeling, including understanding key cash flow drivers and impacts on projected financial performance
• Ability to present to decision makers and customers in a professional and confident manner
• Ability to perform in depth commercial financial statement analysis
• Excellent verbal, written, and interpersonal communication skills

Job Expectations:

• Ability to travel 10% of the time

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, or status as a protected veteran.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.