Executive Director, Corporate Bank Portfolio Manager - Renewables

Executive Director-Level Portfolio Manager

Wells Fargo is seeking an Executive Director-level Portfolio Manager for Wells Fargo Corporate & Investment Banking Renewables team. The Renewables Portfolio Management is part of the Power, Utilities & Renewables sector within the broader Energy & Power group. The position will report to the Head of Portfolio Management Energy & Power and be responsible for the execution of credit related functions and portfolio oversight on a portfolio of private and public companies. Underwriting and portfolio management of energy transition project finance structures is a critical component to this senior role. The Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo. Wells Fargo's growing Renewables business is an integral part of the Power, Utilities & Renewables ("PUR") group, providing financing, capital markets and advisory services to corporate clients. Our coverage universe includes renewable developers, independent power producers, infrastructure / private equity funds and utilities globally.

In this role, you will :

• Manage and oversee credit aspects of a broad portfolio of sponsor-owned portfolio or public companies across the Energy Transition / Renewables sector
• Perform detailed credit, financial statement analysis, industry analysis and projection modeling to ensure accurate and timely monitoring, accurate risk ratings, covenant compliance, watchlist updates, recognition of potential problems loans of leveraged credit portfolio
• Provide high touch portfolio monitoring, trending & analytics and aggregate reporting. Provide and present portfolio updates as needed to senior leadership, risk management and coverage partners
• Lead coordination and execution of loan booking, closing, legal documentation and compliance requirements
• Partner with Renewables Asset Finance team, Corporate Banking Relationship Management and Industry Bankers to support client coverage needs related to credit products
• Assist with coordination and preparation for borrower / portfolio reviews and responses for internal and external exams
• Deliver solutions that are long term, large scale, and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to others
• Oversee the technical due diligence, complex financial modeling, and credit analysis performed by junior team members
• Ensure that all credit and risk monitoring is adequately performed and that internal reporting requirements are adequately and timely completed
• Provide guidance to the team for the preparation of comprehensive credit screens and analyses in line with the bank's existing credit policies and procedures, highlighting counterparty risks, contractual risks, and structural risks. Finalize recommendations for internal risk ratings
• Provide ongoing market intelligence to the team as to the Renewable sector and its main participants. Occasionally assign projects to junior team members to cultivate and deepen the team's collective knowledge
• Manage, mentor and train junior team members
• Collaborate and consult with peers, colleagues, managers, and develop a relationship with internal partners, including product groups, risk and operations, and Renewable Energy & Environmental Finance to achieve goals

Required Qualifications :

Desired Qualifications :

Job Expectations :

Base Pay : $225,000. This may be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards.

Posting Location : Charlotte, NC, New York, NY, Houston, TX

Pay Range : $159,000.00 - $305,000.00

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, and adoption reimbursement.