Portfolio Associate

About this role:

• Wells Fargo is seeking a CIB Portfolio Associate.Covers jobs responsible for credit portfolio management to meet the long-term financial objectives and risk tolerance for corporate banking clients. Serves as a key member of a client’s deal team.

In this role, you will:

• Participate in monitoring, documenting, underwriting, and reacting to the credit quality of an assigned portfolio of loans within CIB Portfolio Management functional area and contribute to planning related to functional area deliverables
• Review less complex or tactical issues, policies or procedures for which answers can be quickly obtained related to low-to-medium risk tasks and deliverables
• Receive direction from supervisor and exercise judgment while developing understanding of functions, policies, procedures, and compliance requirements
• Provide information to managers, functional colleagues and stakeholders

Required Qualifications:

• 6+ months of CIB Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• B. Com plus equivalent degree preferably MBA, CFA or CA Up to 4 of years’ experience in credit analysis, debt or equity research, corporate lending or structured finance (including work on mortgage backed securities, bond securitizations or Collateralized Lending) with another large bank. Strong communication skills – both verbal and written. Ability to speak articulately & strong business writing skills (error free, correct grammar, etc) High level of personal motivation, strong interpersonal skills to work across continents Must be able to work in a fast paced production environment and juggle a variety of tasks (time management skills are important) Must be comfortable working independently and as part of a team.

Job Expectations:

• Financial statement spreading & analysis. Reviewing monthly client reporting to check for completeness & accuracy of financial calculations including covenants.
• Preparing a summary of the above either in written format or in a common-sized excel format.
• Maintaining various databases and various spreadsheets for internal reporting.
• Tracking & reporting on financial trends of the client or loan we’ve given them.
• Preparing monthly &/or quarterly decks to report on the above.

Posting End Date: 

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells 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. 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 Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.