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Wells Fargo · 3 days ago

Investment Banker, Vice President - Fund Solutions

Charlotte, NC

Full-time

Onsite

Mid, Senior Level

$185K/yr - $300K/yr

5+ years exp

Wells Fargo is a leading financial services company, and they are seeking a Vice President to lead the origination, structuring, and execution of Fund Solutions products. This role involves developing and executing NAV lending strategies, managing client relationships, and overseeing credit portfolio analysis.

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Responsibilities

Lead the development and execution of Fund Solution's NAV lending strategy, inclusive of originating and maintaining a portfolio of primary and secondary NAV transactions

Work with clients to understand financing needs and provide tailored solutions including structuring transaction deal terms and corresponding term sheets

Lead due diligence reviews including evaluating financial statements, fund documents and legal agreements

Run client due diligence meetings

Write detailed credit and approval committee memos, both independently and in partnership with deal team members

Lead negotiation of legal documentation with the support of internal and external counsel

Assist with transaction distribution/syndication to non-bank lenders, including developing syndication strategy and partnering with lenders to understand transaction details

Negotiate, structure, and execute amendments and other facility modifications

Ensure completion of all Fund Solution's required Annual reviews

Maintain oversight of the Fund Solutions credit portfolio, inclusive of internal credit ratings, transaction performance, underlying asset trends, and collection/verification of all on-going reporting

Lead the buildout and ongoing monitoring of credit portfolio analysis, including creating a quarterly trends report and summary performance of each loan

Manage and refine Fund Solution's lending framework/policy, underwriting procedures, and partnerships with internal groups across Wells Fargo (including Sponsor Portfolio Management)

Partner closely with Wells Fargo Independent Risk Management on transactions and portfolio construction

Create pitches/term sheets across the Fund Solutions product set, which are often in PowerPoint format

Assist with structured product organization, including structuring and distribution

Partner on NAV advisory engagements

Work closely with rating agencies to obtain debt ratings

Partner with analysts and internal partners to manage internal compliance, booking, and funding processes

Be a leader in the Fund Solutions team, including driving a positive culture, recruiting, and advocating for the team

Qualification

Investment BankingFund FinanceStructured ProductsCredit UnderwritingNAV FinancingClient InteractionAnalytical SkillsLegal DocumentationMicrosoft PowerPointTeam CollaborationCommunication SkillsHigh Personal Motivation

Required

5+ years of Investment Banking experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Ability to travel up to 25% of the time

Registration for FINRA Series 63 (or 66) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted

Registration for FINRA Series 79 must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted

Registration for Securities Industry Essentials (SIE) exam must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted

This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents

Preferred

Experience with originating and monitoring subscription facilities, NAV facilities, asset backed finance facilities, leveraged cash flow lending facilities, securitizations, or other structured products is strongly preferred

Knowledgeable of private capital, fund finance, and structured finance industries including structure (e.g. waterfall, amortization profile, etc.), investment strategies, cash flows, performance metrics, and various product use cases

Strong analytical skills with high attention to detail and accuracy

Experience creating pitchbooks in Microsoft PowerPoint

Ability to manage a high-volume workload while maintaining excellence and consistency of work. Ability to quickly change focus and stay organized is a must

Ability to work effectively, as well as independently, in a team environment

Excellent verbal, written, and interpersonal communication skills

Experience reading, negotiating, and/or interpreting legal documents

High level of personal motivation. Does more than what is asked for and anticipates questions/issues

Direct client interaction experience, including some experience interacting with senior decision makers

Willingness to work 50+ hours per week, depending on workload