Senior Mid-Corporate Portfolio Manager
Wells Fargo · Houston, TX · 1 wk ago
Finance$100k–$196k/yrFull-time
Wells Fargo is seeking a Gaming Senior Mid-Corporate Portfolio Manager in the Commercial Banking group. This role sits 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
- 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
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
- 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