ABL Senior Portfolio Manager

Job Description

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description

Oversee the underwriting and portfolio management activities for Wells Fargo Distribution Finance – Technology Channel Finance (Formerly Commercial Distribution Finance – Tech) in Europe and the Middle East. Manage team of 11 people in EMEA supporting ~200 technology reseller relationships and $2.5bn of credit lines. Partner with Commercial Organization to understand client needs and develop credit appropriate financing solutions and strategies. Work with Global Channel Finance leadership team to integrate the EMEA team into Global Technology Channel Finance platform.

• Oversight of 200 reseller relationships with credit lines ranging from $1MM to $600MM
• Manage underwriting and portfolio management activities across Europe and the Middle East - including structuring transactions to meet business requirements and stated risk appetite.
• Accountable for risk ratings
• Ensure compliance with all regional and regulatory requirements and Wells Fargo policies
• Partner with Commercial team and business leaders to support growth opportunities and execution of business strategy
• Coaching and mentoring team members
• Coordinating the flow of underwriting transactions between the EMEA business and Independent Risk Management
• Work with Global Technology Channel Finance leadership to integrate EMEA team into Global Technology Channel Finance Platform.

Market Skills and Certifications

• Asset based lending experience
• Experience managing larger teams and a high volume of underwriting activities
• Substantial Underwriting Experience
• Experience managing a team is required
• Familiarity with regulatory requirements (desired)
• Ability to work across multiple legal entities and stakeholders

Leadership Expectations at Wells Fargo

As a Team Member manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:

• Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
• Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.

We Value Diversity

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Team members 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.