Posted 5 days ago

Vice President, Portfolio Management – Power & Utilities

B10 Wells Fargo Bank, N. A. United States of America, 144039-NC-550 S Tryon
Onsite Full Time
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Job description

About this role: 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. Learn more about our career areas and lines of business at wellsfargojobs.com. Wells Fargo is seeking a Vice President to support CIB Banking’s Energy & Power Portfolio Management team with a focus on Power and Utilities. The role will be responsible for leading credit underwriting, portfolio monitoring, financial analysis, risk rating assessment, and transaction execution for a portfolio of loans to investor-owned utility companies spanning regulated electric, gas, and water sub-sectors. Wells Fargo’s Power and Utilities business is an integral part of the Energy and Power group providing financing, capital markets and advisory services to investor-owned utilities and independent power producers. The group is a market-leading franchise with top-ranked positions in debt and equity capital markets and a longstanding commitment to serving clients across the North American power sector. In this role, you will: Lead credit underwriting and ongoing monitoring for a portfolio of investment-grade and crossover-rated utility borrowers with complex capital structures and significant financing requirements Perform detailed financial statement analysis, industry analysis and projection modeling to support underwriting recommendations, ongoing monitoring activities, and risk rating assessments Monitor borrower performance and provide ongoing market intelligence on utility credit trends, regulatory developments, financing markets, and emerging risks affecting the Power & Utilities portfolio Develop and defend independent credit recommendations and risk ratings before Independent Risk Management Lead coordination and execution of loan closings ensuring satisfaction of all booking, legal documentation and compliance requirements Review and interpret credit policies and procedures and incorporate requirements into credit analysis, risk observations, and monitoring activities Assist with coordination and preparation for borrower and portfolio reviews, internal and external exam responses, and other portfolio governance requirements Represent the bank in maintaining relationships with clients, including treasury and finance teams Collaborate and consult with peers, internal partners, stakeholders, and clients Mentor, train, and develop junior team members 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

Portfolio management, credit underwriting, or risk management experience with large corporate clients

Experience

covering regulated utilities or independent power producers Familiarity with utility financial statements, regulatory frameworks, rate cases, capital expenditure programs, capital structure analysis, liquidity assessment, and rating agency methodologies Ability to identify, evaluate, and communicate key credit risks and mitigants History of exercising sound judgment and making timely decisions in a fast-paced and results-driven environment Effective written and verbal communication skills, including the ability to present credit views to senior leaders, risk partners, and coverage teams Strong analytical skills with high attention to detail and accuracy Strong accounting skills and ability to analyze financial statements

Experience

with training and developing less tenured colleagues

Experience

in building partnerships, collaborating across lines of business, and effectively communicating at all levels of an organization Job Expectations: Obtaining and/or maintaining appropriate Financial Industry Regulatory Authority (FINRA) license(s) is required for ongoing employment in this position. FINRA Series 63 and 79 examinations, or equivalent must be completed within either a 90 or 180-day time period following commencement of employment, depending upon the number of license(s) needed if not immediately available to transfer upon hire. FINRA recognized equivalents will be accepted. This will be communicated at time of offer acceptance. Compliance with state law registration and licensing requirements is mandatory. In addition to state registration and licensing requirements, specific product licenses or SAFE licensing may apply. Additional requirements include meeting enhanced financial fitness and criminal background standards. Wells Fargo will initiate the FINRA licensing review process at the time of offer acceptance. For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite is required. This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of 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. Ability to travel up to 10% of the time Posting Locations: 550 S Tryon St. - Charlotte, North Carolina 28202 90 S 7th St - Minneapolis, Minnesota 55402

Pay Range

- $225,000 - $225,000

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities. $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 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: 27 Aug 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. 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. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at: wellsfargo.com wellsfargojobs.com For questions on how to search and apply, visit frequently asked questions.

Skills and functions

  • Finance