Asset Based Lending Relationship Associate

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.

About this role:

Wells Fargo is seeking an Asset Based Lending Relationship Associate for our Asset Based Lending group in Commercial Banking. Learn more about the career areas and business divisions at wellsfargojobs.com. 

In this role, you will:

• Participate in building and maintaining effective relationships with existing clients within their products or functional area, including sharing relevant information with coverage partners and senior peers

• Review and analyze basic business, operational, or technical assignments or challenges that require research, evaluation, and selection of alternatives, and exercise independent judgment to guide medium risk deliverables

• Participate or provide support to review and analyze low to moderately complex client portfolios for key issues related to cash flow, liquidity, leverage, working capital, debt coverage, collateral and enterprise value analysis, and repayment sources, including for use in periodic reviews as well as interim underwriting memoranda

• Present recommendations for resolving low to moderately complex situations and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements

• Partner with senior peers within the context of individual deals and client relationships to develop inquiries or identify gaps to support the understanding of clients’ businesses, strategic objectives, operational priorities, and financial positions to identify and execute on opportunities for modifications, renewals, and refinancings

• Participate in regular portfolio reviews to manage risk and lead problem loan resolutions, where applicable

• Partner with product management functional partners to provide feedback on the use of tools to deliver credit solutions more effectively, meeting client and market needs

• Collaborate and consult with senior peers and functional partners to resolve client servicing requests and inquiries related to their product

• Contribute to functional area planning related to a given product

Required Qualifications:

• 2+ years of secured or specialized lending relationship management or portfolio management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Ability to spread, analyze and work with financial statements

• 2+ years of audit, appraisal or credit analysis experience

• Demonstrated working knowledge of middle market corporate finance (Asset Based Lending experience a plus)

• Ability to work in a highly collaborative work environment

• Bachelor’s degree in accounting, Business Administration, Finance or Economics

• Ability to navigate multiple computer systems, applications, and utilize search tools to find information

• Good PC skills with the aptitude to learn new systems quickly

• Strong analytical skills with high attention to detail and accuracy

• Excellent verbal, written, and interpersonal communication skills

• Ability to work effectively in a team environment and across all organizational levels; where flexibility, collaboration, and adaptability are important

• Ability to work in a fast-paced deadline driven environment

• Energetic, quick learner, positive attitude, self-motivated

• Ability to work independently, organizing and managing multiple priorities

Additional Information:

• Posting may come down early based on applicant volume

• This position is not eligible for Visa sponsorship.

• 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.

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Job Expectations:

• Up to 10% of travel