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:
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:
Quality check on the elements applicable per Business Procedures, highlight discrepancies, update checklists, and report the observations
Includes end to end responsibility of request received from clients includes financial spreading in MRA tool, analyzing financial statements, identification of trend and provide financial commentaries on cause and effect on identified trend as per business requirement
Prepare projected financial statements as per relationship managers requirement
Complete Pro forma adjustments based on the projected financial information as per requirement
Should be able to interpret and spread financials of different companies belong to different division as per business requirement at any given day
Assessing the repayment capacity of the highly leveraged Borrower’s.
Should handle subjecti