Wells Fargo

Job Category:

Banking/Mortgage

Location:

Field Rep 002, Maryland

Country:

United States

Approximate Salary:

Not Specified

Position Type:

Full Time

Phone:

415) 820-7800

Equipment Finance Territory Manager 2

Wells Fargo - Field Rep 002, Maryland

Posted: 09/8/2018

Job Description

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wholesale Banking provides financial solutions to businesses across the United States and globally. Our nine major business lines include Business Banking, Middle Market Banking, Government and Institutional Banking, Corporate Banking, Commercial Real Estate, Financial Institutions Group, Wells Fargo Commercial Capital, Wells Fargo Securities, and the Investment Portfolio. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.

Wells Fargo Equipment Finance (WFEF) is a leading equipment finance provider in the U.S. and Canada. with a portfolio exceeding $45 billion, more than 300,000 active customers and 2,500+ team members . WFEF provides a full spectrum of financing and lease options for customers’ equipment and capital expenditure requirements through Wells Fargo business, commercial and corporate banking channels, relationships with equipment manufacturers, dealers, distributors and direct to market. WFEF has industry financing specialists dedicated to Healthcare, Construction, Energy, Commercial and Specialty Vehicles, Marine, Rail, Aircraft, and Vendor Financing Programs.

The Territory Manager 2 (TM) is responsible for marketing equipment financing products within the Northern VA, Maryland and D.C.. The TM will work with assigned Wells Fargo Bank Relationship Managers to identify equipment financing opportunities within the banks customer base. In addition, the TM will develop direct financing relationships with non-bank clients whose annual revenues are between $2MM – $50MM. The TM will have a strong background in sales and experience in originating, qualifying and closing a variety of lease and loan financing products. The TM will work cooperatively with internal staff to submit, credit approve, document and fund transactions ranging from $100M to $10MM+. The position carries an annual budget of $30+ Million.

Compensation is comprised of a salary plus commissions, paid quarterly.

Team members 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

  • 5+ years of equipment finance leasing experience
Desired Qualifications

  • Experience building and maintaining effective relationships with customers and internal partners
  • Sales experience including the ability to negotiate and influence
  • Ability to navigate multiple computer systems, applications, and utilize search tools to find information
  • Excellent verbal, written, and interpersonal communication skills
  • Extensive knowledge and understanding of credit issues including technical ability to analyze and interpret financial statements
  • Extensive knowledge and understanding of lease pricing, negotiation, and closing transactions
  • Intermediate Microsoft Office skills
  • Strong presentation skills
Other Desired Qualifications

5 years+ of demonstrated experience in loan and lease pricing, credit, structuring, negotiation and documentation – preferably with a bank-owned equipment finance company

Disclaimer

  • 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.

Apply Now