ABL Rel Manager 1

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Job description

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Commercial Banking provides financial solutions to businesses with annual sales generally in excess of $5 million. Our business lines are Wells Fargo Commercial Capital, Middle Market Banking, and Treasury Management & Payment Solutions.

Wells Fargo Commercial Capital

• A market-leading provider of working capital, investment capital, trust services, and sales financing solutions that help customers optimize liquidity and grow their business through their lifecycle

The Relationship Manager position within the Corporate ABL group is focused on larger corporate ABL clients. Clients include public companies, private equity backed portfolio companies, and larger privately owned businesses (Revenue and EBITDA generally in excess of $1Bn and $100MM, respectively).
Primary duties and responsibilities include: assisting in the overall credit and administration of a portfolio of ABL clients; analyzing collateral and financial performance of borrowers; reviewing and interpreting credit loan documents; working closely with Corporate and Investment Banking, Middle Market Regional Banking, Leverage Finance, and other Wells Fargo Partners to build strong relationships and enhance credit and other economic opportunities with customers within the existing portfolio base. In connection with these efforts, the Relationship Manager 1 will attend meetings with portfolio clients (light travel involved) and WF partners, actively work with Senior Relationship Managers, Portfolio and Regional Portfolio Managers and other Senior management in evaluating, structuring and executing transactions within the portfolio; support underwriting functions for new client transactions entering portfolio; provide coaching and mentoring of Analysts, monitor and evaluate/maintain appropriate risk ratings; work on various compliance related matters utilizing Optimist spreading tool for spreading/analyzing financial statements and OneView for trend cards, credit modification requests and other monitoring functions.

Additionally, the Relationship Manager 1 will review, analyze and develop responses (as needed) for field exams and appraisals for review, work with RMs to address significant trends or changes in key asset valuation and credit indicators or variables, perform regular review and analysis of required reporting submitted by borrowers, including borrowing base certificates, assist with preparation of client strategies for targeted bank product services, attend client meetings, complete periodic projects assigned by RMs and LPMs and perform other related borrower and department assignments as required.

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.

Required Qualifications

• 2+ years of commercial lending experience, credit analysis experience, or a combination of both

Desired Qualifications

• Excellent verbal, written, and interpersonal communication skills
• Knowledge and understanding of asset based lending or commercial lending
• Knowledge and understanding of financial analysis, statements and accounting concepts
• Knowledge and understanding of middle market commercial banking
• Knowledge and understanding of middle market corporate finance
• Knowledge and understanding of statement spreading programs
• Strong organizational, multi-tasking, and prioritizing skills
• Strong analytical skills
• A BS/BA degree or higher in a quantitative discipline

Job Expectations

• Ability to travel up to 10% of the time

Street Address

GA-Atlanta: 1100 Abernathy Road - Atlanta, GA
NC-Charlotte: 550 S Tryon St - Charlotte, NC
CA-LA-Century City: 1800 Century Park E - Los Angeles, CA

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.



Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits Summary

Benefits

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