About this role: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.
Wells Fargo is seeking a Credit Product Portfolio Specialist within our Middle Market Vendor Credit team, part of Wells Fargo Commercial Banking.
Learn more about the career areas and lines of business at wellsfargojobs.com .
In this role, you will:- Participate in building and maintaining effective Vendor Program relationships with existing clients within their products or functional area, including sharing relevant information with coverage partners and senior peers
- Review and analyze basic business, operational, or technical assignments or challenges that require research, evaluation, and selection of alternatives, and exercise independent judgment to guide medium risk deliverables
- Participate or provide support to review and analyze low to moderately complex program and end user opportunities for key issues related to cash flow, liquidity, leverage, working capital, debt coverage, collateral and enterprise value analysis, and repayment sources, including for use in periodic reviews as well as interim underwriting memoranda
- Present recommendations for resolving low to moderately complex situations and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements
- Partner with senior peers within the context of individual deals and client relationships to develop inquiries or identify gaps to support the understanding of clients' businesses, strategic objectives, operational priorities, and financial positions to identify and execute on opportunities for modifications, renewals, and refinancings
- Participate in regular portfolio reviews to manage risk and provide support to portfolio issues, where applicable
- Partner with product management functional partners to provide feedback on the use of tools to deliver credit products and managed vendor programs more effectively, meeting client and market needs
- Collaborate and consult with senior peers and functional partners to resolve client servicing requests and inquiries
Required Qualifications:- 2+ years of secured or specialized lending relationship management or portfolio management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:- 2+ years of experience in specialized lending relationship management OR portfolio management.
- Proficient Microsoft Office Suite skills (Excel, PowerPoint, Word, etc.).
- Commercial credit underwriting experience
- Ability to navigate multiple computer systems, applications, and utilize search tools to find information.
- Strong analytical skills with high attention to detail and accuracy.
- Excellent verbal, written, and interpersonal communication skills.
- Ability to work effectively in a team environment and across all organizational levels; where flexibility, collaboration, and adaptability are important.
- Ability to work in a fast-paced deadline-driven environment.
- Energetic, quick learner, positive attitude, and self-motivated.
- Ability to work independently and organize and manage multiple priorities.
Job Expectations:- May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards
- Posting may come down early based on applicant volume
- Location: Des Moines, Iowa OR Minneapolis, MN
- This position is not eligible for Visa sponsorship.
- Specific 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 .
#CommercialBank
This role will provide critical relationship management support and client facing duties in coverage of key existing and new Middle Market Vendor Programs.
Pay RangeReflected 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.
$96,600.00 - $171,800.00
Benefits Wells 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 benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Posting End Date:7 May 2025
* Job posting may come down early due to volume of applicants. We Value Equal OpportunityWells 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.
Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells 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.
