Commercial Banking Portfolio ManagerWells Fargo is seeking a Commercial Banking Portfolio Manager. This position will have Program Credit oversight of third-party programs including large OEM (Manufacturer) and dealers for the Vendor and Equipment Finance businesses within Commercial Banking. This position will have responsibility for underwriting third-party programs and will have delegated program approval authority. Additionally, this function has responsibility for monitoring program performance, making and negotiating program modifications, negotiating program structures, and interfacing with senior management, WFEF Sales Management, and Third-Party sources, WF RAR, WF Internal Audit, and the Program Audit Manager.In this role, you will:Research complex credit investigations and diverse credit information for loansIdentify opportunity for process improvements within scope of responsibilities or functional areaReview and identify basic operational assignments that require research, evaluation, and selection of alternatives while exercising independent judgement to guide medium risk deliverablesPresent recommendations for resolving complex situations and exercise independent judgement while developing expertise in the function, policies, procedures, and compliance requirementsCollaborate and consult with functional colleagues, internal partners, and stakeholders including internal as well as external customersRequired Qualifications:2+ years of Commercial Banking Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:Experience in credit underwriting, financial analysis, or portfolio managementAbility to make and deliver presentations to executive and external clientsFamiliarity with program documentation, end user Master Lease & Loan Agreements, documentation negotiation skills, chattel paper perfection, and recourse structuresFamiliarity with risk aspects and management and oversight of third-party servicingThird party-program oversight and experience with equipment financeBusiness Development experience particularly with third-party new relationship development (negotiating/structuring new vendor program structures)Excellent verbal, written, and interpersonal communication skillsStrong analytical skills with high attention to detail and accuracyJob Expectations:Willingness to work on-site at stated location on the job openingThis position is not eligible for Visa sponsorshipThis position offers a hybrid work scheduleSpecific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired.
Information will be shared about expectations during the recruitment process.May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awardsLocation:5000 Riverside, Texas- Irving, Texas Wooster Hts. - Danbury, Connecticut S. 4th. Street- Minneapolis, Minnesota Walnut Street- Des Moines, Iowa 50309U.S.
only – Pay Range:Irving – Texas Pay Range: $84,000.00 - $149,400.00 USD Annual (this range may not be applicable to other locations)Danbury-- Connecticut Pay Range $100,800.00 - $179,200 USD Annual (this range may not be applicable to other locations)Minneapolis – Minnesota Pay Range: $84,000.00 - $149,400.00 USD Annual (this range may not be applicable to other locations)Des Moines -- Iowa Pay Range: $84,000.00 - $149,400.00 USD Annual (this range may not be applicable to other locations)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.$84,000.00 - $179,200.00Wells 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 benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursementWells Fargo is an equal opportunity employer.
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.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 commensurate with the business unit's risk appetite and all risk and compliance program requirements. 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.To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.Wells Fargo Recruitment and Hiring Requirements:Third-Party recordings are prohibited unless authorized by Wells Fargo.Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.