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Mid-Corporate Associate - Gaming

Wells Fargo Bank

About this role:Wells Fargo is seeking a Gaming Mid-Corporate Portfolio Manager in the Commercial Banking group. This role will sit on our Specialized Industries – Gaming team to work as a key member of deal teams that provide research, analysis, and underwriting to prepare recommendations to extend credit and monitor existing credit relationships. This is a great opportunity to work with a leading lender in the industry. Learn more about the career areas and lines of business at wellsfargojobs.com. #CommercialBankingIn this role, you will:Underwrite new transactions as part of a team alongside a lead underwriter: build and sensitize financial models, size debt capacity and covenant headroom, produce in-depth credit analysis and write credit approval memoranda.Conduct diligence: synthesize data-room materials, financial statements, projections, and third-party reports; participate in Q&A; assess market dynamics competitive positioning and key risks/mitigantsEvaluate legal documentation: review and comment on term sheets, credit agreements, intercreditor docs; align protections (e.g. covenants, baskets, events of default) with underwriting thesisProduce screening and approval memos: distill complex credit analyses into concise memos; clearly articulate the credit thesis, risks, mitigants, and recommended structureCoordinate closings: track conditions precedent, deliverables, and funding mechanics across sponsors, agents, legal, and internal operations; ensure accurate booking and documentationPortfolio Management: produce quarterly reviews, variance analyses, compliance checks, watch-list narratives, and ratings updates; recommend actions as performance shifts. Execute amendments & waivers, negotiate covenant resets/consents, and document credit rationaleMonitor market and macro trends: track economic indicators, pricing, leverage, and covenant trends to inform underwriting and portfolio strategyIntegrate AI tools into underwriting and portfolio workflows to streamline research, accelerate production, and drive innovation and efficiencyRequired Qualifications, US:2+ years of Mid-Corporate Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:Proficiency in accounting principles, financial statement analysis, and financial modelingFamiliarity in credit documentation, including term sheets, credit agreements, and intercreditor provisionsStrong analytical skills, with heightened attention to detail and accuracyStrong written and verbal communication skillsAbility to work in a fast-paced, deadline-driven environmentSolid foundation in credit analysis, including evaluation of business risk, industry trends, and capital structuresProficient in Microsoft Office (Word, Excel, PowerPoint, and Outlook)Job Expectations:Ability to travel up to 10% of the timeThis position is not eligible for Visa sponsorshipThis position offers a hybrid work scheduleSpecific 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 processJob Locations:333 S Grand Ave - Los Angeles, CA 900713800 Howard Hughes Pkwy - Las Vegas, NV 891691000 Louisiana St - Houston, TX 770021700 Lincoln St - Denver, CO 80203May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.Pay RangeReflected 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.$77,000.00 - $145,000.00Benefits 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 benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursementPosting End Date:31 Aug 2026*Job posting may come down early due to volume of applicants.We Value Equal OpportunityWells 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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.Drug and Alcohol PolicyWells 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.SummaryLocation: LOS ANGELES, CA; LAS VEGAS, NVType: Full time

Vacancy posted 10 hours ago
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