Wells Fargo · 16 hours ago
Lead Commercial Banking Portfolio Manager
Purchase, NY
Full-time
Hybrid
Senior Level
$131K/yr - $224K/yr
5+ years expWells Fargo is seeking a Commercial Banking Portfolio Manager in Middle Market Banking as part of the Northeast Division Credit Portfolio Management team. This key position is responsible for credit portfolio management to meet the long-term financial objectives and risk tolerance for commercial banking clients, serving as a key member of a client's deal team.
BankingFinancial ServicesFinTechInsurancePayments
No H1B
Responsibilities
Partner with relationship managers and other deal team members as a key client-facing member of the relationship team
Review, research, and recommend solutions for highly complex and unique challenges requiring in-depth evaluation of multiple factors
Deliver solutions which require vision, creativity, innovation, advanced analytical and inductive thinking, coordination of highly complex activities, and guidance to others
Engage with Commercial Banking Portfolio Management professionals and managers across the company and serve as an expert advisor to leadership
Make decisions and recommendations in complex and multifaceted situations requiring exceptional understanding of the function, policies, procedures, and compliance requirements that influence and lead the broader work team to meet deliverables and deliver client solutions
Collaborate and consult with Commercial Banking peers, colleagues, and mid- to high-level managers to resolve issues and achieve goals
Lead projects, teams, or serve as a peer mentor
Manage the credit needs of a portfolio of complex Middle Market (primarily Investor Real Estate ("IRE")) clients and prospects
Monitor assigned portfolio of credit commitments to ensure on-going compliance with loan agreements, covenants and payoff requirements and resolve problem accounts in partnership with deal teams
Determine the credit worthiness of prospective clients by analyzing financial statements, projections, appraisals, meeting and interviewing the prospective client's management team, analyzing and obtaining a detailed understanding of the prospective client's cash flows and balance sheet, leverage and key risks
Prepare, review and edit credit memos and present recommendations to senior approvers
Negotiate appropriate terms and conditions for the largest and most complex transactions, and work with deal teams to ensure appropriate documentation is in place
Identify critical transactional and structural risks and propose appropriate structuring alternatives to mitigate those risks
Ensure compliance with all policy and regulatory requirements
Qualification
Required
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
Preferred
4+ years of experience underwriting Investor Real Estate clients
Strong Investor Real Estate lending credit analysis skills with high attention to detail and accuracy
Experience with commercial, owner-occupied real estate lending including documentation, due diligence and regulatory compliance processes
Experience negotiating, managing and amending complex credit facility legal documentation
Strong risk management and compliance skills
Excellent verbal, written, and interpersonal communication skills
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
Company
Wells Fargo
Wells Fargo & Company is a financial services firm that provides banking, insurance, investments, and mortgage services.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-10-06IPO
Leadership Team
Charlie Scharf
CEO
Fernando Rivas
CEO of Corporate & Investment Banking
Recent News
2026-02-07
2026-02-06
2026-02-06
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