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Wells Fargo is seeking a Commercial Banking Portfolio Management Associate Manager.
Job Responsibility:
Supervise entry to mid-level individual contributors with less work complexity and risk in Commercial Banking Portfolio (CIB) management functional area
Ensure credit execution is consistent and aligned with required credit policies and processes
Support and drive adoption of new credit policies and related changes across the team
Identify and recommend opportunities for process improvement and risk control development in the Commercial Banking Portfolio management functional area
Make day to day supervisory and tactical decisions and resolve issues related to team supervision, work allocation and daily operations under direction of Commercial Banking Portfolio management leveraging interpretation of policies, procedures, and compliance requirements
Support in execution of policy changes
Collaborate and consult with Commercial Banking Portfolio management peers, colleagues, and more experienced managers
Coach and develop credit team
Manage allocation of people and financial resources for Commercial Banking Portfolio management
Mentor and guide talent development of direct reports and assist in hiring talent
Requirements:
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
1+ years of leadership experience
Nice to have:
Chartered accountants/MBA Finance (mandatory) and Bachelor's Degree (Commerce mandatory), equivalent
Most recent experience must include in team leading for commercial lending domain which includes financial spreading and financial analysis teams
Should have experience in spreading of Corporate’s Financial Statements in client application
Should have an experience in assessing credit worthiness of the corporate borrowers based on qualitative and quantitative factors
Strong knowledge on GAAP Accounting / International Financial Reporting Standards
Sound knowledge of ratio analysis, cash flow, and trend analysis
Strong knowledge on accounting and finance, Industry analysis, Internal and external risk factors of the borrower
Understanding on Company’s management and equity sponsors strength & weaknesses.
Sound understanding of Pro forma adjustments based on the projected financial information and spread accordingly in the tool
Excellent report writing skills
Excellent communication skills
Strong analytic skill, Quick Learner & Attention to detail
Project management
Stakeholders/Client management
Able to multi-task to accomplish tasks effectively.
Ability to work quickly & accurately while maintaining acceptable standards of workmanship
Ability to recognize and escalate to management for any process breaches