Associate, Sponsor Credit - Technology Finance

Wells Fargo•Boston, MA

1d•$92,000 - $145,000•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 Associate will be part of a dedicated team responsible for underwriting and portfolio management in the software and technology vertical, primarily for 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 client interaction and relationship management with CEOs, CFOs, and private equity sponsors, as well as collaboration with commercial and investment banking partners on relationship plans. The Associate will review credit agreements and other loan documentation and assist with legal diligence and negotiations, developing proficiency over time in structuring, negotiating, and documenting facility agreements. The role also involves presenting credit and financial analysis to business leadership and independent risk management, participating in strategic and ad-hoc initiatives, building internal relationships, and using internal generative AI platforms 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 base pay range is $92,000 to $145,000, with possible eligibility for incentive opportunities.

Requirements

At least 2 years of Mid-Corporate Portfolio Management experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these.
Ability to travel up to 10% of the time.
Successful completion of a background check; candidates subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer.
Compliance with ongoing regulatory obligations, including periodic screening and mandatory reporting of certain incidents.
Provide information to the Wells Fargo Personal Account Dealing Team and comply with applicable policies if affected by outside-activity or personal-investing requirements.

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 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 or 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 AI platforms and apply best practices to improve efficiency.
Follow applicable risk and compliance programs, policies, and procedures; escalate and remediate issues as required.