Wells Fargo & Company

Corporate Banking Associate - Financial Sponsors


PayCompetitive
LocationNew York/New York
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: R-372513

      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.

      Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

      About this role:

      Wells Fargo is seeking a Corporate Banking Associate to join a newly established Sponsors Portfolio Management team formed to support Wells Fargo’s growing Financial Sponsor business. Team will partner with Financial Sponsors Group, Leverage Underwriting, Industry Coverage and Risk Management to oversee execution of credit related functions and portfolio support. Portfolio will consist of portfolio company exposures across Technology, Media and Telecom, Industrials, Healthcare, and Consumer and Retail.

      Learn more about our career areas and lines of business at wellsfargojobs.com

      In this role, you will:

      • Supporting senior Portfolio Manager with financial, industry and credit analysis for assigned portfolio of portfolio companies with Sponsor ownership
      • Perform detailed credit, financial statement analysis, industry analysis and projection modeling to ensure accurate and timely and accurate monitoring, accurate risk ratings, covenant compliance, watchlist updates, recognition of potential problems loans of leveraged credit portfolio
      • Partner with senior portfolio managers on final credit memos, nCino and loan documentation
      • Prepare discussion material for internal presentations with leadership and risk partners
      • Support client needs related to credit and related products such as interest rate swaps, fx and operating exposure
      • Completion of ad-hoc borrower and/or portfolio analysis
      • Preparation of annual reviews, status updates, watch list updates, portfolio review material etc
      • Assist senior portfolio managers with portfolio reviews and portfolio reporting
      • Adherence to credit policies and procedures and incorporate requirements into credit analysis, observations and lending recommendations
      • Collaborate and consult with peers, internal partners and stakeholders and senior bankers
      • Complete periodic professional development training


      Required Qualifications, US:

      • 2+ years of Corporate Banking Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

      Desired Qualifications, US:

      • 2+ years of relevant work experience in portfolio management
      • CIB Portfolio Management experience, experience with leveraged lending, experience with Sponsor Portfolio management
      • Strong credit, accounting and technical skills
      • Demonstrated excellence in working effectively as an individual and as part of a team
      • Strong verbal, written, and interpersonal communication skills
      • Strong analytical skills with high attention to detail and accuracy
      • High level of initiative and accountability
      • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
      • Ability to act with integrity, good character and exercise sound judgement

      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.

      $111,100.00 - $237,100.00

      Benefits

      Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.

      • 401(k) Plan
      • Paid Time Off
      • Parental Leave
      • Critical Caregiving Leave
      • Discounts and Savings
      • Health Benefits
      • Commuter Benefits
      • Tuition Reimbursement
      • Scholarships for dependent children
      • Adoption Reimbursement

      Posting End Date:

      7 Aug 2024

      *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.

  • About the company

      Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco.