CIB Portfolio Management Manager

1 week ago


Bengaluru, India WELLS FARGO BANK Full time
About this role:

Wells Fargo is seeking a CIB Portfolio Management Manager - Structured Products Group.

Role and Department Overview

Corporate & Investment Banking ("CIB") delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.

Wells Fargo's Structured Products Group ("SPG"), part of the Markets division in CIB, provides direct structured lending in addition to the underwriting and distribution of asset-backed securities for clients who access the bond markets through securitizations. The India SPG team works as an extension of the global SPG team across a broad range of asset classes and covering large domestic and international clients including Corporates, NBFCs, Financial Institutions, Insurance, Mortgage and Real Estate finance, and investment funds.

The Business Execution role is part of SPG's COO team and involves initiatives ranging from data management, credit administration, change management, control/risk management, reporting at senior management / regulator level to driving transformation/efficiency projects across SPG. The successful candidate will work closely with SPG's global team members located in Bangalore and the U.S. The role involves significant opportunities to learn, develop and work as an integral member of the business.

In this role, you will:

Manage and develop a team of individuals that provides portfolio management, risk & controls, and analytical support to an industry leading structured finance business within Wells Fargo.
  • Core team deliverables include support on surveillance, credit analysis and portfolio management across SPG's portfolio. Key deliverables include performance analysis, data management and reporting, business analysis, risk and exposure analysis, regulatory reporting including Basel, and drafting of memos and presentations.
  • Collaborate with the US and India leadership teams to identify, develop and implement strategies that will ensure an effective delivery and value-growth of the India SPG team.
  • Identify and recommend patterns or opportunities for overall industry or macroeconomic trends and how they may impact the overall portfolio and help timely management of risks.
  • Make decisions to ensure timely deliverables, resolve operating issues, effective work allocation, etc.
  • Implement medium and long-term projects, e.g., implementation of new initiatives, technology by preparing training and procedure documents, communication emails, liaise with partner groups within the bank, etc.
  • The incumbent will be overall responsible for providing leadership and mentoring, performance feedback and building a strong, high performing team including hiring and retention of top talent.
  • Communicate effectively across all levels of organization to ensure alignment with company's strategy and goals.
  • Interpret and develop policies and compliance requirements for timely managing any identified risks and opportunities; Ensure that all activities within the India team are conducted in accordance with the company policies, procedures, and ethical standards (including Risk, Compliance and HR policies).
  • Drive and implement various department wide risk & governance and transformation & automation initiatives on an ongoing basis.
Required Qualifications:
  • MBA Finance or equivalent. CFA (Chartered Financial Analyst) or CA (Chartered Accountant) would be a plus.
  • Excellent communication skills, both verbal and written. Proven leadership and organizational skills, articulate in communication and strong business writing skills.
  • High attention-to-detail is a must for this role.
  • Around 10-14 years of functional experience across asset classes in banking, credit analysis and underwriting, ratings analysis, portfolio management, debt research, corporate and structured finance. Experience in Structured products and familiarity with securitization structure an added plus.
  • Experience in banking/captive environment with knowledge of asset-backed finance/securitization and credit administration.
  • Demonstrated strategic thought leadership and exposure to senior management strategic presentations.
  • Demonstrated thought leadership in transformation and automation for enhanced efficiency a must; Change Management experience an added positive.
  • Required expertise in Powerpoint, Excel and Word. Familiarity in PowerBI capabilities and VBA/Macro/Python coding an added plus.
  • Motivated self-starter, strong interpersonal and leadership skills, and ability to multitask across multiple competing deliverables in a fast-paced environment.
  • Must be flexible to work in EMEA/partial US shift as per business requirements.
Posting End Date:
1 Dec 2024
*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: 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.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our 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.



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