Corporate Banking Associate – Financial Institutions

Wells Fargo Bank•Charlotte, NC

5h•Onsite

About The Position

Wells Fargo is seeking to hire Corporate Banking Associates to join the Portfolio Management team within the Corporate & Investment Banking Financial Institutions Group (FIG) . The FIG Corporate Banking Associate – Portfolio Manager will be responsible for supporting credit and financial analysis, structuring and underwriting, risk assessment and monitoring, and oversight and active management of a portfolio of corporate clients and credit relationships. Portfolio Managers partner and collaborate closely with Relationship Managers, Credit Officers, Legal, Product Partners (Capital Markets, Treasury Management, Trade Finance), and internal stakeholders to ensure the bank appropriately assesses, structures, underwrites, and manages credit and risk exposures. Sector experience in Insurance, Insurance Services, Asset Management, Depository Institutions, and/or Market Structures is desired. In this role, you will: In partnership with a senior portfolio manager, assist with portfolio management and credit underwriting activities for an assigned portfolio of insurance and insurance services clients, including performing transaction due diligence, financial analysis and modeling, credit analysis and monitoring, industry analysis, enterprise valuation, and credit memoranda preparation Engage in regular interaction and relationship management with client executives and key client coverage stakeholders for an assigned portfolio Collaborate with internal partners in Corporate & Investment Banking to develop and execute on relationship plans and join meetings when relevant Review credit agreements and other relevant loan documentation while assisting with legal diligence and negotiations. Over time, develop a proficiency in structuring, negotiating and documenting facility agreements Regularly present credit and financial analysis to business leadership and Credit Officers in a variety of forums, including recurring portfolio management activities, portfolio reviews, pre-screen discussions and credit/approval committee forums. Develop strong and proficient written and verbal presentation skills Participate in business and enterprise-wide strategic initiatives, including ad-hoc specialized projects that arise from time to time to improve and enhance the efficiency and effectiveness of the team Collaborate with peers and functional partners and develop internal relationships that will facilitate and enhance your role effectiveness Mentor, coach, and instruct analysts, teaching best practices and credit fundamentals. As generative AI tools proliferate, leverage internal AI platforms to improve efficiency and apply best practices Review and interpret relevant credit policies, regulatory guidelines, and internal risk frameworks. Ensure adherence to internal credit policies, regulatory expectations, compliance standards, AML/BSA considerations, and audit expectations. Participate in audits or examinations of assigned portfolio clients

Requirements

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

Nice To Haves

2+ years of relevant work experience in Corporate Portfolio Management or equivalent roles, including experience with supporting large corporate and/or financial institutions sector customers, lead roles in syndicated credit transactions, executing leveraged lending transactions, and participating in credit documentation negotiations
Experience with credit underwriting and/or capital market products underwriting
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 personal accountability
Ability to prioritize work activities, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Acts with integrity, exhibits good character, and exercises sound judgement

Responsibilities

In partnership with a senior portfolio manager, assist with portfolio management and credit underwriting activities for an assigned portfolio of insurance and insurance services clients, including performing transaction due diligence, financial analysis and modeling, credit analysis and monitoring, industry analysis, enterprise valuation, and credit memoranda preparation
Engage in regular interaction and relationship management with client executives and key client coverage stakeholders for an assigned portfolio
Collaborate with internal partners in Corporate & Investment Banking to develop and execute on relationship plans and join meetings when relevant
Review credit agreements and other relevant loan documentation while assisting with legal diligence and negotiations. Over time, develop a proficiency in structuring, negotiating and documenting facility agreements
Regularly present credit and financial analysis to business leadership and Credit Officers in a variety of forums, including recurring portfolio management activities, portfolio reviews, pre-screen discussions and credit/approval committee forums. Develop strong and proficient written and verbal presentation skills
Participate in business and enterprise-wide strategic initiatives, including ad-hoc specialized projects that arise from time to time to improve and enhance the efficiency and effectiveness of the team
Collaborate with peers and functional partners and develop internal relationships that will facilitate and enhance your role effectiveness
Mentor, coach, and instruct analysts, teaching best practices and credit fundamentals. As generative AI tools proliferate, leverage internal AI platforms to improve efficiency and apply best practices
Review and interpret relevant credit policies, regulatory guidelines, and internal risk frameworks. Ensure adherence to internal credit policies, regulatory expectations, compliance standards, AML/BSA considerations, and audit expectations. Participate in audits or examinations of assigned portfolio clients