Associate, Sponsor Credit - Technology Finance

Wells Fargo Bank•Boston, MA

1d•Hybrid

About The Position

Wells Fargo is seeking an Associate to join its Technology Finance team within the Commercial Bank’s Sponsor Credit group. The role is part of a dedicated team responsible for underwriting and portfolio management in the software and technology vertical, focused on technology-oriented, primarily sponsor-backed clients. Working with a senior portfolio manager, the Associate will support portfolio management and credit underwriting, including transaction due diligence, financial analysis and modeling, credit analysis and monitoring, industry analysis, enterprise valuation, and credit memorandum preparation. The role includes regular interaction and relationship management with client CEOs, CFOs, and private equity sponsors, as well as collaboration with commercial and investment banking partners to develop and execute relationship plans. The Associate will review credit agreements and other loan documentation and assist with legal diligence and negotiation, developing proficiency over time in structuring, negotiating, and documenting facility agreements. The role also presents credit and financial analysis to business leadership and independent risk management in portfolio reviews, pre-screen discussions, and credit and approval committees. Additional responsibilities include participating in strategic and specialized projects, building internal relationships, and using internal AI platforms and best practices to improve efficiency. The position offers a hybrid work schedule and may require travel up to 10% of the time. It is not eligible for visa sponsorship and is subject to FINRA background screening and ongoing regulatory obligations. The listed location is 125 High St, Boston, Massachusetts. The base pay range is $92,000 to $145,000, with possible incentive opportunities. Eligible employees may receive benefits including health benefits, a 401(k) plan, paid time off, disability and insurance benefits, parental and critical caregiving leave, discounts and savings, commuter benefits, tuition reimbursement, scholarships for dependent children, and adoption reimbursement.

Requirements

2+ years of Mid-Corporate Portfolio Management experience, or equivalent demonstrated through work experience, training, military experience, or education.
Ability to meet FINRA background screening requirements and ongoing regulatory obligations.

Nice To Haves

Experience in sponsor finance at a commercial bank, investment bank, or finance company.
Excellent proficiency in accounting and financial modeling.
Strong analytical skills, with heightened attention to detail and accuracy.
Strong verbal and written communication skills.
Ability to work in a fast-paced, deadline-driven environment.

Responsibilities

Assist a senior portfolio manager with portfolio management and credit underwriting for an assigned portfolio of technology-focused, primarily sponsor-backed clients.
Perform transaction due diligence, financial analysis and modeling, credit analysis and monitoring, industry analysis, enterprise valuation, and credit memorandum preparation.
Interact regularly with clients and manage relationships with CEOs, CFOs, and private equity sponsors.
Collaborate with commercial and investment banking partners to develop and execute relationship plans and participate in relevant meetings.
Review credit agreements and other loan documentation and assist with legal diligence and negotiation.
Develop proficiency in structuring, negotiating, and documenting facility agreements.
Present credit and financial analysis to business leadership and independent risk management in portfolio reviews, pre-screen discussions, and credit and approval committees.
Participate in business and enterprise-wide strategic initiatives and ad hoc projects to improve team efficiency and effectiveness.
Collaborate with peers and functional partners and develop internal relationships.
Use internal generative AI platforms and best practices to improve efficiency.
Travel up to 10% of the time.