About this role:
Wells Fargo is seeking a Vice President, Lead CIB Portfolio Manager for FIG Banks, part of the Corporate and Investment Banking (CIB) division. As a Lead CIB Portfolio Manager, you will be part of a dynamic and growing group and will gain experience working with the senior portfolio managers within FIG industry vertical. The Portfolio Manager will also partner with Product Partners, Independent Risk Management and Coverage Bankers to oversee execution of credit related functions and portfolio support for International Banks and bank-like institutions of varying size and complexity located across APAC, EMEA and LatAm. The position will provide broad product experience across a whole range of interbank traded products, with much of the focus on initiating coverage and onboarding new counterparties, where speed of execution is a key factor as well as sound counterparty credit judgement.
Responsibilities include:
Assessing counterparty credit risk and determining an internal rating to reflect Probability of Default using a combination of scorecard tools and expert judgment.
Working closely with the marketers to determine the optimal transaction structure and documentation to fit customer requirements, while minimizing credit risk and capital utilization, including use of collateral.
FIG Banks Portfolio Managers are expected to be involved in determining the risk-adjusted returns on capital and overall cost/benefit to the overall relationship.
Present recommendations for more complex transactions to senior Portfolio Managers and risk partners, exercising independent judgement while developing expertise in the function, policies, procedures, and compliance requirements.
Policing limit breaches with traders and working to resolve underlying technical and reporting faults.
Timely and accurate preparation of written analysis of Banks and other financial institutions in assigned markets. This includes extensive financial statement analysis of individual institutions and comparison to other peer institutions.
Timely market surveillance of external factors affecting counterparty credit exposures and credit worthiness. This involves maintaining up to date credit files for assigned accounts.
Frequent client contact representing the bank in developing and maintaining relationships with clients, carrying out credit due diligence, or partnering with the trading desks on specific products and strategies, including new cross-sell opportunities.
Contribute to and lead credit focused projects, partnering with Portfolio Managers, Corporate Banker Relationship Management, Analysts, and Associates. Engage with internal and external auditors and examiners and assist with the preparation of internal and external exam processes.
Train and mentor junior talent.
Responsible for adherence to all Wells Fargo credit policies and procedures. Review and interpret credit policies and procedures and incorporate requirements into credit analysis, risk assessments, and risk and rating recommendations.
Prepare and present updates on loan portfolio and Banks trends to senior leadership, risk management, and coverage partners
Required Qualifications:
5+ years of Experience in CIB Portfolio Management, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Desired Qualifications:
Demonstrated expertise in banks' credit risk assessment and underwriting standards, with broad knowledge of market-traded products and counterparty credit exposure.
Background in either Market risk or Counterparty Credit
Experience in corporate banking portfolio management and underwriting.
A BS/BA degree or higher in business administration, finance, or accounting.
Strong analytical skills with high attention to detail and accuracy.
Excellent verbal, written, and interpersonal communication skills.
Strong organizational, multi-tasking, and prioritizing skills.
Ability to work in a fast-paced, deadline-driven environment.
Ability to work effectively in a team environment.
Experience with serving as a peer mentor while training and developing less tenured colleagues.
History of exercising sound judgment and making timely decisions in a fast-paced and results-driven environment.
Job Expectations:
Registration for FINRA Series 7 must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
Registration for FINRA Series 79 must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
Registration for FINRA Series 63 (or 66) must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
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.
Location:
Miami, FL
Minneapolis, MN
Charlotte, NC
Base Salary:
$175,000-$200,000
May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$119,000.00 - $206,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
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:
17 Jan 2026
*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-drug-and-alcohol-policy) to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Req Number: R-511587
