Asset Based Lending Sales Associate, Wells Fargo Capital Finance, Santa Monica, CA
Wells Fargo Capital Finance (WFCF) offers traditional asset-based financing, specialized senior secured financing, accounts receivable financing purchase order financing, and supply chain financing to a wide range of companies throughout the U.S.
Primary duties and responsibilities: This transaction-oriented position will facilitate the efforts of the loan originations department to evaluate and structure transactions originated by the Loan Originations Officers within the region. This is a key position with responsibilities that include analysis of prospective transactions, preparation of initial screening memorandums and participation in negotiations with prospective borrowers. In this position, the candidate will be working closely with the Loan Originations Manager and Officers, and will interact with prospective borrowers. Responsibilities include acquiring and analyzing historical and projected financial information, analysis of collateral information and preparation of collateral summaries, relevant industry analysis, competitors and other information required for the business development and credit approval process.
This position requires 2+ years of experience in commercial finance, private equity or investment banking. The preferred candidates will have an understanding of secured lending legal documentation and ABL industry experience. The candidate should possess a high energy level with an eagerness to learn and assume responsibility. Strong organizational and interpersonal skills, the ability to multi-task and perform under pressure are imperative. Knowledge of cash flow lending and products and prior investment banking experience is a plus.
Interested candidates should apply directly by going to www.wellsfargo.com/careers then searching for job ID