Commercial Banking Portfolio Associate

About this role:

Wells Fargo is seeking a Commercial Banking Portfolio Associate.

In this role, you will:

• Research complex financial and credit information for commercial business, or high net worth customer loan packages, according to business unit standards within Commercial Banking Portfolio Management functional area
• Review basic issues, policies, or procedures for which answers can be quickly obtained, related to low to medium risk tasks and deliverables
• Underwrite loans with aggregate credit exposure based upon approved credit authority limits
• Investigate credit standards and determine credit worthiness of high net worth loans
• Receive direction from supervisor and exercise independent judgement while developing understanding of function, policies, procedures, and compliance requirements
• Collaborate and consult with managers, functional colleagues, and stakeholders including internal as well as external customers

Required Qualifications, US:

• 6+ months of Commercial Banking Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• MBA Finance /Masters in Finance/Commerce
• Experience in assessing credit worthiness of the borrowers based on qualitative and quantitative factors.
• Ability to read & analyze financial statements.
• Should be able to handle subjectivity in the financial analysis and substantiate with reasons.
• Excellent communication skills.
• Excellent knowledge of MS office application.
• Ability to work quickly & accurately while maintaining acceptable standards of workmanship.
• Flexibility to work in different shifts.

Job Expectations:

• Responsible for performing financial analysis, calculating financial covenants, calculating yield, performing revenue analysis and preparing the financing memorandum