at Wells Fargo in CHICAGO, Illinois, United States
Job Description
About this role:
Wells Fargo is seeking a Lead Secured Lending Relationship Manager in Wells Fargo Capital Finance’s Lender Finance (LF) Group. Primary responsibilities for the Senior Relationship Manager include: credit and administration of a portfolio of lender finance’s most complex and high profile clients including analyzing collateral and financial performance of borrowers; reviewing and negotiating credit loan documents, working closely with Corporate and Investment Banking, Middle Market Regional Banking, Leverage Finance, Financial Sponsor coverage, and other Wells Fargo partners to build strong relationships, provide superior service and guidance , enhance credit and other economic opportunities with customers within the existing portfolio base, and mitigate credit, regulatory, and financial crimes risk. LF clients consist of specialty finance companies, including other asset-based lenders, factors, equipment leasing, and other nonbank lenders.
In this role, you will:
Lead or participate in building and maintaining effective relationships with new clients and client’s suppliers within Secured Lending Relationship Management function by designing and implementing a solution that meets the customer’s needs
Review and analyze client’s financial performance and projections with sensitivity analysis.
Independently facilitate the structure of complex credit requests.
Lead discussions with senior management and Independent Risk Management (IRM) to address client requests and other portfolio matters and strategize on problem loan resolution
Lead and actively participate in loan documentation discussion with clients and outside counsel to provide solutions that balance risk and reward for both Wells Fargo and the client.
Provide coaching to assigned analyst on a monthly basis and collaborate with Secured Lending Relationship Management peers, colleagues, and middle level managers to resolve client issues and achieve business objectives
Required Qualifications:
+ 5+ years of Secured Lending Relationship Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
+ Direct Lender Finance experience Knowledge and understanding of asset based lending Microsoft Office skills Strong analytical skills with high attention to detail and accuracy Excellent verbal, written, and interpersonal communication skills Solid problem solving and decision making skills BS/BA degree or higher in accounting, finance, or economics Strong accounting skills
Job Expectations:
+ 15% travel
The salary range in Los Angeles, California is $126,000 to $250,000
Pay Range
$120,400.00 – $250,000.00 Annual
Benefits
Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits – Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.
+ 401(k) Plan
+ Paid Time Off
+ Parental Leave
+ Critical Caregiving Leave
+ Discounts and Savings
+ Health Benefits
+ Commuter Benefits
+ Tuition Reimbursement
+ Scholarships for dependent children
+ Adoption Reimbursement
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Company: WELLS FARGO BANK
Req Number: R-276202-4
Updated: Tue May 30 00:00:00 UTC 2023
Location: CHICAGO,Illinois
