Portfolio Associate

About the 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.
• 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.

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 spreadsheets for internal reporting.
• Tracking & reporting on financial trends of the client or loan.
• Preparing monthly and/or quarterly decks to report on the above.

Requirements & Tech Stack

• 6+ months of CIB Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Up to 4 years of 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.

Qualifications

• B. Com plus equivalent degree, preferably MBA, CFA or CA.