Chicago, IL

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.

About this role:

Wells Fargo is seeking a Portfolio management position focused on managing a large and complex credit portfolio of Not-for-Profit Health System, Health Insurance, Higher Education and Nonprofit relationships within the Healthcare, Higher Education & Nonprofit (HHN) Middle Market Banking Office. Responsibilities include working with senior management, relationship managers and credit leaders to originate, monitor and grow HHN relationships. Accountable for credit underwriting and origination, portfolio monitoring, renewals and annual reviews, coordination of pricing, and for revenue growth, cross-sell and relationship profitability. Manages and promotes the maintenance of a portfolio that adheres to all applicable credit policies and compliance requirements. Works with clients directly to understand credit needs and represents the bank in developing and maintaining client relationships. May periodically assist with office risk management duties and managing overall account relationships. Responsibilities may also include training, supervision and/or mentoring of analysts or junior portfolio managers.

In this role, you will:

• Research complex credit investigations and diverse credit information for loans
• Identify opportunity for process improvements within scope of responsibilities or functional area
• Review and identify basic operational assignments that require research, evaluation, and selection of alternatives while exercising independent judgement to guide medium risk deliverables
• Present recommendations for resolving complex situations and exercise independent judgement while developing expertise in the function, policies, procedures, and compliance requirements
• Collaborate and consult with functional colleagues, internal partners, and stakeholders including internal as well as external customers

Required Qualifications, US:

• 2+ 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:

• Underwriting experience including advanced commercial or specialty group relationship portfolio credit
• Experience negotiating interest rates, price, terms, and collateral requirements
• Knowledge and understanding of commercial and specialty group banking products and services
• Solid knowledge and understanding of credit policy, loan servicing, risk management, and group underwriting requirements
• Demonstrated experience in loan documentation (rates, terms, collateral requirements) of specialty tax exempt credit products including Direct Pay Letters of Credit, Standby Bond Purchase Agreements and Direct Purchase facilities with ability to represent the bank in negotiating directly with clients and external counsel
• Solid knowledge of Know Your Customer (KYC) requirements for nonprofit Healthcare, Higher Education and Nonprofit clients
• Comprehensive knowledge of Specialized Industries credit policy, loan servicing, risk management and group underwriting requirements
• Sound understanding of tax exempt underwriting, sales & trading

Job Expectations:

• Travel ability up to 10% of the time

Pay Range

$84,000.00 - $149,400.00 Annual

Benefits

• Information about Wells Fargo's employee benefits

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, or status as a protected veteran.