Vice President - CIB Portfolio Manager, Industrials

Wells Fargo•New York, NY

43d•$119,000 - $224,000

About The Position

Wells Fargo is seeking a Lead CIB Portfolio Manager to join the Portfolio Management team to support Wells Fargo's growing Industrials business. The Portfolio Manager will partner with Relationship Managers, Industry Coverage and Risk Management to oversee execution of credit related functions and portfolio support. The Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo. In this role, you will: Manage and oversee credit aspects of a broad portfolio of Industrials companies. VPs will have assigned portfolio relationships and also will support senior portfolio managers on large, complex borrowing relationships Perform detailed credit, financial statement analysis, industry analysis and projection modeling to ensure accurate and timely monitoring, risk ratings, covenant compliance, watchlist updates, recognition of potential problems loans of leveraged credit portfolio Lead coordination and execution of loan booking, closing, legal documentation, compliance requirements, and final credit memos Partner with senior banker to prepare and present portfolio updates to senior leadership, risk management and coverage partners Partner with Corporate Banking Relationship Management, Industry Coverage and Debt Capital Markets Bankers, and other product partners 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 On-going coordination and partnership with Industrials Independent Risk Management related to borrower and/or portfolio needs Assist with coordination and preparation for borrower/portfolio reviews and responses for internal and external exams Train and mentor team Associates and Analysts Responsible for adherence to all Wells Fargo credit policies and procedures. Review and interpret credit policies and procedures and incorporate requirements into credit analysis, observations and lending recommendations

Requirements

5+ 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

A BS/BA degree or higher
CIB Portfolio Management experience, experience with Industrials sectors/subsectors (e.g. Aerospace & Defense, Capital Goods & Services, Forest Products & Packaging), merger and acquisition financing, and/or leveraged lending
Experience with training and development of junior team members
Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
Ability to navigate within a large and complex organization
Experience building partnerships and consulting effectively with leadership
Strong communication and presentation skills
Strong credit and technical skills

Responsibilities

Manage and oversee credit aspects of a broad portfolio of Industrials companies. VPs will have assigned portfolio relationships and also will support senior portfolio managers on large, complex borrowing relationships
Perform detailed credit, financial statement analysis, industry analysis and projection modeling to ensure accurate and timely monitoring, risk ratings, covenant compliance, watchlist updates, recognition of potential problems loans of leveraged credit portfolio
Lead coordination and execution of loan booking, closing, legal documentation, compliance requirements, and final credit memos
Partner with senior banker to prepare and present portfolio updates to senior leadership, risk management and coverage partners
Partner with Corporate Banking Relationship Management, Industry Coverage and Debt Capital Markets Bankers, and other product partners 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
On-going coordination and partnership with Industrials Independent Risk Management related to borrower and/or portfolio needs
Assist with coordination and preparation for borrower/portfolio reviews and responses for internal and external exams
Train and mentor team Associates and Analysts
Responsible for adherence to all Wells Fargo credit policies and procedures. Review and interpret credit policies and procedures and incorporate requirements into credit analysis, observations and lending recommendations