Wealth Custom Lending Specialist

Wells Fargo•Minneapolis, MN

8d•$77,000 - $145,000•Onsite

About The Position

Wells Fargo is seeking a Wealth Custom Lending Specialist in Banking, Lending and Trust in Wealth & Investment Management. This role supports WIM in providing services to affluent, high-net-worth and ultra-high-net-worth individuals, families, family offices, and charities. The Banking, Lending, & Trust (BL&T) team unlocks access to Wells Fargo Bank products and services for these clients, leveraging resources, research, relationships, custom solutions, and strategies to address unique needs and aspirations. BL&T also provides legal guidance on various banking and fiduciary topics and supports the WIM Diverse Segments group.

Requirements

2+ years of Custom Lending experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Obtaining and/or maintaining appropriate Financial Industry Regulatory Authority (FINRA) license(s) is required for ongoing employment in this position.
FINRA Series 7 and 66 examinations, or equivalent must be completed within either a 90 or 180-day time period following commencement of employment, depending upon the number of license(s) needed if not immediately available to transfer upon hire.
Registration for FINRA Series 65 or 66 must be completed prior to conducting Investment Advisory business.
Compliance with state law registration and licensing requirements is mandatory.
Additional requirements include meeting enhanced financial fitness and criminal background standards.

Nice To Haves

Private Banking, Corporate Banking or Commercial Lending experience
Excellent sales and relationship management skills
Knowledge of traditional banking products
Credit risk experience
FINRA registration including Series 7 and 66 (or FINRA recognized equivalents)

Responsibilities

Participate in marketing custom lending solutions across the Wells Fargo platform
Partner with senior level specialists to deliver Custom Lending solutions to high-net-worth clients
Recommend structure of credit opportunities and assist in negotiating deal terms directly with clients
In conjunction with senior level specialists, present deals to Independent Risk Management, along with underwriting teams, for final approval
Assist in new custom credit origination and care for more routine/less complex portfolio management (including ongoing financial reporting, out of margin resolution, renewal of maturing credit facilities, etc.)
Develop deeper understanding of custom lending to partner with relationship managers
Make recommendations on situations requiring understanding of the Wealth Custom Lending functional area policies, procedures, and compliance requirements
Collaborate and consult with Wealth Custom Lending peers, colleagues, and managers to resolve issues and achieve goals