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Wells Fargo · 1 day ago

Commercial Banking Portfolio Manager

MINNEAPOLIS, MN

Full-time

Onsite

Entry, Mid Level

$77K/yr - $133K/yr

2+ years exp

Wells Fargo is seeking a Commercial Banking Portfolio Manager as part of Wealth and Investment Management in Banking, Lending and Trust. In this role, you will manage the flow of loan applications, conduct compliance reviews, and collaborate with various stakeholders to ensure the effective management of the Partner Capital Loan portfolio.

BankingFinancial ServicesFinTechInsurancePayments

Responsibilities

Research complex credit investigations and diverse credit information for loans

Identify opportunity for process improvements within scope of responsibilities or functional area

Review and identify basic operational assignments that require research, evaluation, and selection of alternatives while exercising independent judgement to guide medium risk deliverables

Present recommendations for resolving complex situations and exercise independent judgement while developing expertise in the function, policies, procedures, and compliance requirements

Collaborate and consult with functional colleagues, internal partners, and stakeholders including internal as well as external customers

Manage flow of loan applications to underwriting; review loan application packages for completeness and accuracy. Ensure loan underwriting is in accordance with credit policy, approved terms, and meeting regulatory compliance

Compile, review and monitor all reporting as required to manage the Partner Capital Loan portfolio: Periodic maturities, credit scoring, pipeline, exceptions and other outstanding reports as required by the field and client relationships

Conduct annual compliance reviews on portfolio of capital loan programs; monitor exposures relative to approved guidance line commitment

Partner with operations to ensure accuracy of records and bookings; escalate issues or remedy errors as needed. Coordinate with Underwriting Team to ensure risk ratings are consistent and accurate for Capital Loan portfolio

Facilitate capital loan credit approvals; act as liaison between the Legal Specialty Group relationship team and underwriting group

Point of contact for Bankers, Underwriters and Client Associates to address questions related to capital loan applications in process and new requests

Manage shared sites to ensure current program documents are stored and available to the field

Assist in closing of loans and post-closing follow-up as needed

Enhance and contribute to the credit process for law firm credit and capital loan program reviews and renewals

Participate in new capital loan program requests as part of credit team and help coordinate approvals as needed with Underwriters, Underwriting Manager, Custom Credit Leader, IRM and others to ensure timely response

Active participation/leadership in client calls and client assessment meetings

Qualification

Commercial Banking Portfolio ManagementLoan StructuringCredit Portfolio ManagementWealth Related LendingMS OfficeSolutions-orientedInterpersonal SkillsCommunication SkillsOrganizational SkillsTeam Collaboration

Required

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