Specialized Industries MMB Healthcare Mid-Corp Portfolio Manager

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

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.

Commercial Banking provides financial solutions to businesses with annual sales generally in excess of $5 million. Our business lines are Wells Fargo Commercial Capital, Middle Market Banking, and Treasury Management & Payment Solutions.

Middle Market Banking

• Services private and public companies with annual sales of $5 million to $2 billion
• Specialized expertise across industry sectors

The Specialized Industries Healthcare Mid-Corp Portfolio Manager functions as a credit and portfolio manager for an assigned portfolio of customers and loans with a wide range of size and complexity. They will work with senior management to develop appropriate business-level plans and execute accordingly. They actively participate in the processes around loan structuring, negotiating, and completing transactions, and will provide oversight for underwriting and portfolio management. The Portfolio Manager manages loan portfolio quality and coordinates credit reviews and independent risk management. They partner with division portfolio executive and applicable credit team manager(s) around coaching and development of the credit team.

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.

• 7+ years of experience in one or a combination of the following: underwriting, credit, or portfolio management.

• Extensive knowledge and understanding of mid corporate banking credits, cash flow analysis, and underwriting guidelines
• Ability to thoroughly analyze credits on an independent basis and communicate findings in a concise manner
• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills

• Experience and knowledge related to underwriting, identifying key risks, and structuring credits for companies within the Healthcare Industry
• In-depth understanding of underwriting, structuring, and documenting credits for public and private borrowers with complex capital structures
• Experience leading credit due diligence processes
• Experience partnering with debt capital markets team to develop viable financing proposals across multiple debt structuring alternatives

• Ability to travel up to 25% of the time

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.