Mid-Corporate Senior Associate - Gaming

Wells Fargo•Los Angeles, CA

1d•$100,000 - $196,000•Hybrid

About The Position

Wells Fargo is seeking a Gaming Senior Mid-Corporate Portfolio Manager in the Commercial Banking group, on the Specialized Industries – Gaming team. The role is a key member of deal teams that research, analyze, and underwrite credit recommendations, monitor existing credit relationships, and support transactions from initial diligence through closing and ongoing portfolio management. The position involves modeling and sensitizing financials, assessing debt capacity and covenant headroom, preparing credit analysis and approval memoranda, reviewing legal documentation, and coordinating transaction closings. It also includes ongoing portfolio monitoring, including quarterly reviews, variance analysis, compliance checks, watch-list narratives, ratings updates, amendments, and waivers. The role monitors market and macroeconomic trends and integrates AI tools into underwriting and portfolio workflows. The position offers a hybrid work schedule and may be based in Los Angeles, Las Vegas, Houston, or Denver. Travel may be required up to 10% of the time. The position is not eligible for visa sponsorship. The base pay range is $100,000 to $196,000, and eligible employees may also receive incentive opportunities. The role may be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.

Requirements

At least 4 years of Mid-Corporate Portfolio Management experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these.

Nice To Haves

Proficiency in accounting principles, financial statement analysis, and financial modeling.
Familiarity with credit documentation, including term sheets, credit agreements, and intercreditor provisions.
Strong analytical skills and heightened attention to detail and accuracy.
Strong written and verbal communication skills.
Ability to work in a fast-paced, deadline-driven environment.
A solid foundation in credit analysis, including evaluation of business risk, industry trends, and capital structures.
Proficiency in Microsoft Office, including Word, Excel, PowerPoint, and Outlook.

Responsibilities

Underwrite new transactions alongside a lead underwriter, including building and sensitizing financial models, sizing debt capacity and covenant headroom, conducting credit analysis, and writing credit approval memoranda.
Conduct diligence by synthesizing data-room materials, financial statements, projections, and third-party reports; participating in Q&A; and assessing market dynamics, competitive positioning, and key risks and mitigants.
Evaluate legal documentation, including term sheets, credit agreements, and intercreditor documents, and align protections such as covenants, baskets, and events of default with the underwriting thesis.
Prepare screening and approval memoranda that clearly present the credit thesis, risks, mitigants, and recommended structure.
Coordinate closings by tracking conditions precedent, deliverables, and funding mechanics across sponsors, agents, legal teams, and internal operations, and ensure accurate booking and documentation.
Manage the portfolio through quarterly reviews, variance analyses, compliance checks, watch-list narratives, and ratings updates; recommend actions as performance changes.
Execute amendments and waivers, negotiate covenant resets and consents, and document the credit rationale.
Monitor economic indicators, pricing, leverage, covenant trends, and other market and macroeconomic trends to inform underwriting and portfolio strategy.
Integrate AI tools into underwriting and portfolio workflows to streamline research, accelerate production, and improve innovation and efficiency.
Follow applicable Wells Fargo risk programs, policies, and procedures; fulfill risk and compliance obligations; and proactively monitor, identify, escalate, and remediate issues.