Job Description
About This Role Wells Fargo is seeking a Specialty Industry Lending Relationship Associate within the Commercial Banking Capital Finance group to manage a portfolio of large corporate ABL accounts. Learn more about the career areas and lines of business at www.wellsfargojobs.com In This Role, You Will Lead or participate in building and maintaining effective relationships with existing clients within their products or functional area, including sharing relevant information with coverage partners Review and analyze moderately complex business, operational, or technical challenges that require an in-depth evaluation of variable factors Independently review and analyze moderately complex client portfolios or partner with senior peers on more complex portfolios for key issues related to cash flow, liquidity, leverage, working capital, debt coverage, collateral and enterprise value analysis, and repayment sources, including for use in periodic reviews as well as interim underwriting memoranda Partner with coverage teams within the context of individual deals and client relationships to understand clients' businesses, strategic objectives, operational priorities, and financial positions to identify and execute on opportunities for modifications, renewals, and refinancings Perform regular portfolio reviews to manage risk and lead problem loan resolutions, where applicable Collaborate and consult with peers and functional partners to resolve client servicing requests and inquiries related to their product Independently resolve moderately complex situations while developing a sound understanding of policies, procedures, and compliance requirements to meet business objectives and partner with senior peers for more complex issues Partner with product management functional partners to provide feedback on evolving market needs to enable the innovation, design, and delivery of credit solutions more effectively Contribute to large-scale planning related to a given product and/or specialty's business objectives Serve as a mentor for lower level staff Required Qualifications: 2+ years of secured or specialized lending relationship management or portfolio management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Asset-Based Lending (ABL) experience including credit evaluation and risk assessment as well as knowledge of large corporate lending and working knowledge of ABL and Capital markets Experience in reviewing and accurately interpreting loan documentation. Effective organizational, multi-tasking and prioritizing skills Ability to lead and coordinate with team members across Wells Fargo Strong verbal and written communication skill Proven track record of success in customer-facing roles with experience building and maintaining client relationships Advanced proficiency in Microsoft Office Suite, including Excel, PowerPoint, and Word Bachelor's degree in Business, Finance, Economics, or a related field Job Expectations: Ability to travel 10% U.S. only - Pay Range: Chicago, Illinois Pay Range: $85,000.00 - $133,000.00 USD Annual Actual salary is determined by location, experience, and qualifications of the job May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards. #CommercialBanking 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. Salary is just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs). $77,000.00 - $145,000.00 Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees. Health benefits 401(k) Plan Paid time off Disability benefits Life insurance, critical illness insurance, and accident insurance Parental leave Critical caregiving leave Discounts and savings