Corporate Banking Associate - Industrials

Wells Fargo Bank•Charlotte, NC

2d•$125,000 - $150,000

About The Position

About this role: Wells Fargo is seeking a Corporate Banking Associate as part of the Industrials (IND) Corporate & Investment Banking Portfolio Management team. Learn more about our career areas and lines of business at wellsfargojobs.com. The Industrials Corporate Banking Associate position will be responsible for supporting the underwriting and portfolio management of a broad range of corporate and investment banking solutions to a diverse group of companies in the Industrials portfolio. The role will partner with the Portfolio Manager, Relationship Manager, Industry Coverage and Risk Management to support the execution of credit related functions. This role will partner with the full platform of Wells Fargo’s capabilities including Debt & Equity Capital Markets, Leveraged Finance, M&A related Acquisition Finance, Treasury Management, Macro solutions, Global Receivables & Trade and Credit, to successfully execute transactions for clients. The successful candidate should have a proven ability to develop internal and external relationships and have some relevant corporate banking experience. Industrials sector experience is a plus. In this role, you will:

Requirements

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
Registration for FINRA Series 7 must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
Registration for FINRA Series 79 must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
Registration for FINRA Series 63 (or 66) must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check.
Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification
Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired.

Nice To Haves

3+ years of relevant work experience in portfolio management
CIB Portfolio Management experience, including experience with leveraged lending
Experience within credit underwriting and/or capital market 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 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

Responsibilities

Participate in structuring and executing transactions and supporting more senior staff with financial and credit analysis for assigned portfolio of loans within Corporate Banking Relationship Management functional area
Review and interpret credit policies and procedures and incorporate requirements into credit analysis, observations and lending recommendations
Proactively identify emerging credit risks, portfolio trends, and industry‑specific issues within the Industrials portfolio, escalating concerns and recommendations
Perform or guide credit underwriting work of peers in accounting for all risk factors and providing risk rating recommendations
Collaborate and consult with peers, internal partners and stakeholders, including clients
Manage direct client interaction, including directing and coordinating execution of transactions with key product partners
Provide support to leadership on implementing innovative and significant business solutions
Contribute to continuous improvement initiatives by enhancing underwriting processes, credit documentation standards, portfolio reporting, and analytical tools
Mentor and develop junior team members through reviewing work products, delivering constructive feedback, and providing hands-on training