1+ months
2017-12-032018-01-31

Director - Subscription Finance

London, England W1A 2LQ
  • Job Code
    22104BR-1

About Us

Wells Fargo provides middle market, large corporate and financial institution customers with a range of international solutions, including treasury management, credit, payments, financing, foreign exchange, and trade services. Wells Fargo operates from 42 countries and territories outside of the U.S., including branches in Beijing, Cayman Islands, Dubai International Financial Center (DIFC), Hong Kong, London, Seoul.

About the Team

The Subscription Finance team provides fund-level financing to private equity funds and other asset managers through structured credit facilities. Subscription Finance is one of the product groups within the Asset Backed Finance team, which is part of Wells Fargo Securities. Team members support our focus on building strong customer relationships balanced with a strong risk mitigation and compliance-driven culture that firmly establishes those disciplines as critical to the success of our customers and company.

About the Role

Each Director on the Subscription Finance team will cover a portfolio of existing and prospective subscription facility clients (fund sponsors) and will lead lean deal teams that include junior team members for each facility within the assigned portfolio. The originations director role is tasked with (i) cultivating existing relationships, prospecting new financing opportunities, and generally representing Wells Fargo Subscription Finance in the marketplace, as well as (ii) leading the structuring and credit analysis of new loans, oversight of deal execution, managing credit requests, and leading the interaction with senior credit officers for deal approvals.

Responsibilities

Day to day job responsibilities for new deals include:

  • Working with senior originators to create pitches/term sheets.
  • Preparing borrowing base calculations in excel.
  • Leading due diligence meetings.
  • Writing detailed credit memos.
  • Working closely with the senior banker and external counsel to negotiate legal documentation.
  • Working closely with analysts and internal partners to manage internal compliance, booking, and funding processes.

Day to day job responsibilities for existing deals include:

  • Maintaining client relationships.
  • Generating new lending opportunities through new client origination.
  • Working with internal client coverage segments to prospect new opportunities.
  • Interacting with credit officers regarding client requests.
  • Lead legal structuring and negotiation efforts for new loans.
  • Guiding junior team members in collateral analysis and compliance tracking.
  • Monitoring and oversight of financial performance and internal credit ratings of borrowers and limited partners.
  • Periodic client due diligence.
  • Set an example of diligent risk mitigation and compliance management.


All aspects of the role include meaningful direct client interaction and interaction with ABF Credit. The Subscription Finance team also works closely with the ABF Syndications team, other product groups (e.g. FX and treasury management), and relationship coverage platforms across the institution.

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  • Financial Services

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Director - Subscription Finance

Wells Fargo
London, England W1A 2LQ

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Director - Subscription Finance

Wells Fargo
London, England
GB

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