Senior Commercial Banking Portfolio Manager

at Wells Fargo in CHICAGO, Illinois, United States

Job Description

About this role:

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

This is where your true career begins. We ranked #3 on the 2022 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career”. We support employees’ career aspirations and growth. We’re proud of our employee-centered business approach and our commitment to diversity, equity, and inclusion in the workplace. We offer competitive salaries and one of the richest benefits packages in the industry. Our Total Rewards program focuses on wellness, work-life balance and the financial health of our employees

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About this role:

Wells Fargo is seeking a Senior Commercial Banking Portfolio Manager to join our Market Coverage team as part of Commercial Banking. Learn more about the career areas and business divisions at www.wellsfargojobs.com

In this role, you will:

+ Participate in performing financial research, underwriting, and structuring of highly complex private banking as well as consumer and mortgage relationships within Commercial Banking Portfolio Management functional area

+ Review and research business financial statements and tax returns that require an in-depth evaluation of multiple factors

+ Resolve moderately complex issues and lead Commercial Banking Portfolio Management team, to meet project deliverables, while leveraging solid understanding of the function, policies, procedures, and compliance requirements

+ Collaborate and consult with Commercial Banking Portfolio Management peers, colleagues, and mid-level managers to resolve issues and achieve goals

+ Lead projects and teams or serve as a mentor for less experienced individuals

Required Qualifications:

+ 4+ years of Commercial Banking Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

+ Loan negotiation (rates, terms, and collateral requirements) experience

+ Underwriting experience including advanced commercial or specialty group relationship portfolio credit

+ Extensive knowledge and understanding of credit policy, loan servicing, risk management and group underwriting requirements

+ Knowledge and understanding of commercial and specialty group banking products and services

+ 4+ years of commercial underwriting experience

+ Intermediate Microsoft Office skills

+ Strong analytical skills including analyzing complex data

+ Excellent verbal, written, and interpersonal communication skills

+ A BS/BA degree or higher

Job Expectations:

+ This position offers a hybrid work schedule.

Pay Range:

California-Concord Pay Range $115,900-206,100 Annually

California-Irvine Pay Range $106,300-188,900 Annually

California-Los Angeles Pay Range $106,300-188,900 Annually

California-Oakland Pay Range $115,900-206,100 Annually

California-Palo Alto Pay Range $115,900-206,100 Annually

California-Sacramento Pay Range $106,300-188,900 Annually

California-San Francisco Pay Range $115,900-206,100 Annually

California-San Jose Pay Range $115,900-206,100 Annually

California-West Covina Pay Range $106,300-188,900 Annually

Colorado-Denver Pay Range $96,600-171,800 Annually

Illinois – Chicago Pay Range: $106,300-188,900 Annually

Washington-Bellevue Pay Range $115,900-206,100 Annually

Washington-Seattle Pay Range $115,900-206,100 Annually

Washington-Tacoma Pay Range $106,300-188,900 Annually

May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.

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.

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$96,600.00 – $188,900.00

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

Posting End Date:

7 Aug 2024

• Job posting may come down early due to volume of applicants.**

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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.