Mid-Corporate Associate - Gaming

About This Role

Wells Fargo is seeking a Gaming Mid-Corporate Portfolio Manager in the Commercial Banking group. This role will sit on our Specialized Industries - Gaming team to work as a key member of deal teams that provide research, analysis, and underwriting to prepare recommendations to extend credit and monitor existing credit relationships. This is a great opportunity to work with a leading lender in the industry.

Responsibilities

• Underwrite new transactions as part of a team alongside a lead underwriter: build and sensitize financial models, size debt capacity and covenant headroom, produce in-depth credit analysis and write credit approval memoranda.
• Conduct diligence: synthesize data-room materials, financial statements, projections, and third-party reports; participate in Q&A; assess market dynamics, competitive positioning, and key risks/mitigants.
• Evaluate legal documentation: review and comment on term sheets, credit agreements, intercreditor docs; align protections (e.g. covenants, baskets, events of default) with underwriting thesis.
• Produce screening and approval memos: distill complex credit analyses into concise memos; clearly articulate the credit thesis, risks, mitigants, and recommended structure.
• Coordinate closings: track conditions precedent, deliverables, and funding mechanics across sponsors, agents, legal, and internal operations; ensure accurate booking and documentation.
• Portfolio Management: produce quarterly reviews, variance analyses, compliance checks, watch-list narratives, and ratings updates; recommend actions as performance shifts.
• Execute amendments & waivers, negotiate covenant resets/consents, and document credit rationale.
• Monitor market and macro trends: track economic indicators, pricing, leverage, and covenant trends to inform underwriting and portfolio strategy.
• Integrate AI tools into underwriting and portfolio workflows to streamline research, accelerate production, and drive innovation and efficiency.

Required Qualifications, US

• 2+ years of Mid-Corporate Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications

• Proficiency in accounting principles, financial statement analysis, and financial modeling.
• Familiarity in credit documentation, including term sheets, credit agreements, and intercreditor provisions.
• Strong analytical skills, with heightened attention to detail and accuracy.
• Strong written and verbal communication skills.
• Ability to work in a fast-paced, deadline-driven environment.
• Solid foundation in credit analysis, including evaluation of business risk, industry trends, and capital structures.
• Proficient in Microsoft Office (Word, Excel, PowerPoint, and Outlook).

Job Expectations

• Ability to travel up to 10% of the time.
• 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.

Job Locations

• 333 S Grand Ave - Los Angeles, CA 90071
• 3800 Howard Hughes Pkwy - Las Vegas, NV 89169
• 1000 Louisiana St - Houston, TX 77002
• 1700 Lincoln St - Denver, CO 80203
• May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.

Pay Range

$77,000.00 - $145,000.00

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

Posting End Date

31 Aug 2026

Reference Number

R-571121-3