Commercial Banking Portfolio Management Manager (For Financial Spreading)

About this role:

Wells Fargo is seeking a Commercial Banking Portfolio Management Manager. This role is responsible for credit portfolio management to meet the long-term financial objectives and risk tolerance for commercial banking clients. Serves as a key member of a client's deal team.

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:

• 4+ 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:

• Graduate of any Business Course
• 8-10+ years of relevant experience in commercial banking, commercial lending, credit management and analysis earned in a banking setting or shared service environment
• At least 3-5 years of people management experience particularly in a shared services environment
• Experience in managing Shared Services Operations (Service Level Agreement, Volume and Capacity Management, Documentation)
• Good written and verbal communication skills and can collaborate with diverse culture of team members (US, India and Philippines)
• Familiar with US GAAP, US Financial Statements (10-K and 10-Q) and financial ratios.
• Experience in Stakeholder Management
• Excellent MS Office Skills particularly on MS Excel
• Experience in creating Training/Refresher Plan for new and existing hires

Job Expectations:

• Will manage a team of 10+ Team Members doing Financial Spreading activity
• Willing to work on midshift schedule (5PM to 2AM shift)
• Willing to report on site based on existing Return to Office policy

Posting End Date:
30 Jan 2025
*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: 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.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

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