Mid-Corporate Senior Associate - Gaming

Wells Fargo is seeking a Gaming Senior Mid-Corporate Portfolio Manager in the Commercial Banking group. This role will sit on the Specialized Industries - Gaming team as a key member of deal teams that provide research, analysis, and underwriting to prepare recommendations for extending credit and monitoring existing credit relationships.

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, and 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.

Requirements

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

Qualifications

• Proficiency in accounting principles, financial statement analysis, and financial modeling.
• Familiarity with 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.

Locations: Los Angeles, CA; Las Vegas, NV; Houston, TX; Denver, CO.

Pay

$100,000.00 - $196,000.00 base pay range. May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location.

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, including:

• 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