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Wells Fargo Commercial Portfolio Manager 1 in Phoenix, Arizona

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

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.

Commercial Banking provides financial solutions to businesses with annual sales generally in excess of $5 million. Our business lines are Wells Fargo Commercial Capital, Middle Market Banking, and Treasury Management & Payment Solutions.

Middle Market Banking

  • Services private and public companies with annual sales of $5 million to $2 billion

  • Specialized expertise across industry sectors

The Commercial Portfolio Manager 1 manages a complex credit portfolio of Local Government and Institutional Banking (GIB) account relationships within Commercial Banking - Portfolio Services.

Responsibilities include: Working with senior management, relationship managers, and credit to originate, monitor, and grow Local GIB relationships. Accountable for credit underwriting and origination, portfolio monitoring, renewals and annual reviews, coordination of pricing, and for revenue growth, cross-sell, and relationship profitability. Manages and promotes the maintenance of a portfolio that adheres to all applicable credit policies and compliance requirements.

Salary range is determined by the location of the job

The salary range displayed below is based on a Full-time 40 hour a week schedule.

CO-Denver: Min: $67,500 Mid: $95,000 Max: $122,600

TX-Austin: Min: $67,500 Mid: $95,000 Max: $122,600

AZ-PHX-Central Phoenix: Min: $67,500 Mid: $95,000 Max: $122,600

May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards


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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.

Required Qualifications

  • 2+ years of account relationship management experience, credit underwriting management experience, or a combination of both

Desired Qualifications

  • Loan negotiation (rates, terms, and collateral requirements) experience

  • Underwriting experience including advanced commercial or specialty group relationship portfolio credit

  • Extensive knowledge and understanding of credit policy, loan servicing, risk management and group underwriting requirements

  • Knowledge and understanding of commercial and specialty group banking products and services

Salary Information

The salary range displayed below is based on a Full-time 40 hour a week schedule.

CO-Denver: Min: $67,500 Mid: $95,000

AZ-PHX-Central Phoenix: Min: $67,500 Mid: $95,000

TX-Austin: Min: $67,500 Mid: $95,000

Street Address

CO-Denver: 1740 Broadway - Denver, CO

AZ-PHX-Central Phoenix: 100 W Washington St - Phoenix, AZ

TX-Austin: 13749 Research Blvd - Austin, TX


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits Summary


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Company: Wells Fargo

Req Number: 5582429-2

Updated: 2021-06-20 09:33:33.921 UTC

Location: Phoenix,AZ