Wells Fargo

Commercial Banking Portfolio Management Manager

Wells Fargo$119K — $224K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in Commercial Banking Portfolio Management or equivalent experience
  • 2+ years of leadership experience
  • Experience with complex credit and underwriting for clients with revenue of $100MM to $2B+
  • Completion of a formal credit training program
  • Bachelor’s degree in accounting, finance, or business

Responsibilities

  • Manage and develop a team in Commercial Banking Portfolio Management
  • Ensure adherence to credit policies and processes
  • Support and drive new credit policy adoption
  • Identify and recommend process improvements
  • Make operational decisions to meet business goals
  • Interpret and develop credit policies and procedures
  • Coach and mentor the credit team
  • Allocate resources effectively for the team

Benefits

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life and critical illness insurance
  • Parental and caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependents
  • Adoption reimbursement
Full Job Description

In this role, you will:

  • Manage and develop a team of individuals with low to moderate work complexity and risk in Commercial Banking Portfolio 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 decisions and resolve issues regarding resources, objectives, and operations of functional area and team to meet business objectives

  • Interpret and develop credit policies and procedures

  • 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

Required Qualifications:

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

  • 2+ years of leadership experience

Desired qualifications:

  • Experience with complex credit, underwriting, and debt structure for clients with annual revenue of $100MM to $2B+ 

  • Completion of a formal credit training program 

  • Comprehensive knowledge and understanding of core banking products and services such as, commercial lending and treasury management  

  • Experience developing and maintaining external and internal partnerships 

  • Experience in swiftly adopting and executing change management to enable business growth  

  • Experience identifying risk, ensuring compliance with processes, and mitigating risk issues 

  • Excellent verbal, written, and interpersonal communication skills 

  • Bachelor’s degree in accounting, finance, or business 

Job expectations:

  • This position is not eligible for Visa sponsorship 

  • This position offers a hybrid work schedule 

  • 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 

  • Ability to travel up to 10% of the time 

#CommercialBanking 

Location:

  • 2700 S Price Rd., Chandler, AZ

  • 299 S Main St., Salt Lake City, UT

  • 1800 Century Park E., Los Angeles, CA

  • 1000 Lakes Dr Ste 100, West Covina, CA

  • 401 B St., San Diego, CA

  • 111 West Ocean Blvd., Long Beach, CA

  • 350 W Colorado Blvd., Pasadena, CA

  • 333 S Grand Ave., Los Angeles, CA

  • 2030 Main St., Irvine, CA

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

$119,000.00 - $224,000.00

Benefits

  • 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

About Wells Fargo

Wells Fargo Careers

Joining Wells Fargo means becoming part of a distinguished financial institution that has been a cornerstone of innovation and leadership in the banking industry. At Wells Fargo, we offer a plethora of job opportunities designed to empower your career growth and development in a diverse and inclusive environment.

Work You’ll Do

At Wells Fargo, you will be part of a team that values diversity and is committed to fostering an inclusive culture. We are looking for professionals who are eager to drive innovation and lead with integrity. Our employees are our greatest asset, and we invest in their professional growth through comprehensive leadership and diversity training programs that are recognized industry-wide.

Explore a Multitude of Career Paths

Whether you're interested in a position in finance, IT, customer service, or management, Wells Fargo has career opportunities in various fields. Our team members benefit from job stability, competitive benefits, and a culture that values and rewards performance and dedication.

Internship Programs

Kickstart your career with a Wells Fargo internship. Our programs provide invaluable industry exposure, professional skills development, and networking opportunities that often lead to full-time employment offers. Interns at Wells Fargo work on real projects, solve actual challenges, and gain the mentorship of seasoned professionals.

Professional Growth and Development

We believe in nurturing the potential of our employees. Wells Fargo offers robust training programs and resources to help every team member excel in their current roles and prepare for future challenges. Growth at Wells Fargo is not just about climbing the career ladder but expanding your skills and expertise to add value to our team and customers.

Benefits and Rewards

Wells Fargo is committed to the well-being of our team members. We offer a comprehensive benefits package that includes health care, retirement plans, and generous paid time off. Additionally, we provide unique perks like employee discounts, adoption assistance, and tuition reimbursement.

Join Our Team

Discover the opportunities waiting for you at Wells Fargo by exploring open positions that match your skills and interests. We are continuously hiring and looking for individuals who bring creativity, passion, and a drive to serve our customers.

Stay Connected

Keep up to date with the latest from Wells Fargo Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and get insider tips on crafting the perfect resume and acing your interview.

Networking and Innovation

At Wells Fargo, networking and innovation go hand in hand. We encourage our employees to connect across departments and roles to foster new ideas and strategies that lead to groundbreaking solutions.

Empower Your Career

Step into a role at Wells Fargo where your skills will be honed, your achievements recognized, and your career can flourish. We're not just filling positions; we're building leaders who are equipped to navigate the complexities of the financial world. Join Wells Fargo today and be part of a team that’s redefining the future of banking.
Learn more about Wells Fargo
Size
246,577 employees
Market Cap
$155.2 billion
Industry
Net Income
$3.3 billion
Founded
1852
5 Year Trend
-5.9%
NASDAQ

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