Structured Finance Originator, Executive Director

Wells Fargo•Houston, TX

19h•Onsite

About The Position

Wells Fargo is seeking an Executive Director level Structured Finance Originator for Wells Fargo Corporate & Investment Banking to sit within the Power, Utilities & Renewables sector within the broader Energy & Power group. Wells Fargo’s growing Renewables & Asset Finance business is an integral part of the Power, Utilities & Renewables (“PUR”) group, providing financing, capital markets and advisory services to corporate clients. Our coverage universe includes renewable developers, independent power producers, infrastructure / private equity funds and utilities globally. The PUR group is a market-leading franchise in the sector, including top ranked positions in the equity and debt capital markets league tables.

Requirements

7+ years of Structured Finance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Registration for Securities Industry Essentials (SIE) exam must be completed within 90 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 90 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 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire.
In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer.
Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of 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.
Information will be shared about expectations during the recruitment process.

Nice To Haves

5+ years of experience in one or a combination of the following: new deal execution in power or renewables project finance, infrastructure / private equity fund, or investment banking
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 creating and modifying project finance models
Knowledge of project finance credit agreements and structures
Knowledge and understanding of corporate banking credits, cash flow analysis, and underwriting guidelines
Ability to multitask and work on several assignment, time management and prioritization skills

Responsibilities

Develop or influence objectives, strategy, resources, and long-term goals for a portfolio of clients that utilize structured finance products and services
Lead all aspects of client interaction: establish and maintain a regular dialogue, gain visibility on the clients’ objectives and business pipeline to identify opportunities early, provide advice and ideas, and recommend tailored financing solutions to address specific clients’ needs
Identify ancillary solutions that meet the client’s needs and coordinate interaction with other product partners within the bank (Investment Banking, Capital Markets, Rates, FX, Treasury Management, etc.)
Deliver solutions to clients by assembling and leading execution teams and provide guidance and oversight to pitch, structure, and execute highly customized financing transactions (including project and/or acquisition financing) to clients
Lead the deal team: assign responsibilities, set deadlines and objectives, and provide guidance
Retain oversight of complex aspects such as diligence or documentation, and provide expertise and training to more junior team members
Cultivate a global relationship with consultants and counsels beyond transaction execution to stay up to date with industry trends
Identify risks and work closely with Independent Risk Management to diligence those risks and identify satisfactory mitigants; ensure that analyses are in line with the bank’s policies and procedures; make the final recommendation for internal risk ratings; monitor the overall credit quality of the portfolio
Position the bank to win mandates for complex syndicated transactions where we play a lead and active role
Coordinate the execution and distribution strategy together with Debt Capital Markets teams to ensure successful placement
Identify need for sector-specific diligence and “white papers” and act as project manager
Represent the bank and grow the franchise by developing relationships with clients, partners (consultants, attorneys) and peers at other banks
Serve as a mentor to others on the team