Executive Director - CIB Portfolio Manager, TMT

Wells Fargo•New York, NY

34d•$159,000 - $305,000

About The Position

Wells Fargo is seeking an Executive Director-level Portfolio Manager for the Technology, Media & Telecom (TMT) team within Wells Fargo Corporate & Investment Banking (CIB). This TMT CIB Portfolio Manager will partner with Industry Coverage, IG Syndications, Leveraged Finance, Leveraged Underwriting, Macro, Global Payments & Liquidity, and Risk Management to oversee the execution of credit related functions and oversight on a portfolio of private and public companies. The TMT team manages relationships with leading global companies that operate within a wide variety of sub-sectors, including Software, Internet/Digital, Hardware, Semiconductor, Media & Telecom, Data & Analytics, and FinTech. Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe. In this role, you will:

Requirements

7+ years of experience in CIB Portfolio Management, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

4+ years of experience in deal execution or portfolio management in Technology related subsectors
Strong analytical skills with high attention to detail and accuracy
Strong accounting skills and ability to analyze financial statements
Excellent verbal, written, and interpersonal communication skills
High level of initiative and accountability
Strong Excel skills and intermediate Microsoft Office Word, and PowerPoint skills
Experience in assessing and modifying projection models
Strong knowledge of credit agreements and structures
Knowledge and understanding of corporate banking credits, cash flow analysis, and underwriting guidelines
Ability to multitask, time management and prioritization skills

Responsibilities

Manage and oversee credit aspects of a broad portfolio of public and private companies across the TMT sector, likely with an emphasis on the Technology subsectors, including AI
Perform detailed credit, financial statement analysis, industry analysis and projection modeling to ensure accurate and timely monitoring, accurate risk ratings, covenant compliance, watchlist updates, and recognition of potential problems loans
Provide high touch portfolio monitoring, analytics and aggregate reporting. Provide and present portfolio updates as needed to senior leadership, risk management and coverage partners
Lead coordination and execution of loan booking, closing, legal documentation and compliance requirements
Partner with Corporate Banking Relationship Management and Industry Bankers to support client coverage needs related to credit products. Lead credit analysis support and execution to grow relationships through products such as rates, fx, operating exposure for cash management. Engage with clients as needed
Assist with coordination and preparation for borrower/portfolio reviews and responses for internal and external exams
Deliver solutions that are long term, large scale, and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to others
Oversee the technical due diligence, complex financial modeling, and credit analysis performed by junior team members
Ensure that all credit and risk monitoring is performed and that internal reporting requirements are adequately and timely completed
Provide guidance to the team for the preparation of comprehensive credit screens and analyses in line with the bank's existing credit policies and procedures, highlighting counterparty risks, contractual risks, and structural risks. Finalize recommendations for internal risk ratings
Provide ongoing market intelligence to the team as to various sub-sectors within TMT and its main participants. Occasionally assign projects to junior team members to cultivate and deepen the team's collective knowledge
Directly or indirectly manage, mentor and train junior team members
Collaborate and consult with peers, colleagues, managers, and develop a relationship with internal partners, including product groups, risk and operations to achieve goals