Underwrite and manage counterparty credit risk for leveraged funds, hedge funds, private equity funds, and specialized capital-markets businesses. Oversee credit reviews, trade approvals, credit limits, exposure monitoring, margin calls, stress testing, due diligence, and risk mitigation across prime brokerage, derivatives, repo, FX, clearing, securities financing, and loan trading. Prepare credit packages, negotiate credit terms, and escalate risks to senior leaders.
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. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Wells Fargo Securities, LLC seeks a Senior Lead CIB Portfolio Manager in New York, NY.
Job Role and Responsibility: Provide underwriting for counterparty credit for leveraged funds and specialized business. Provide oversight and management to asset managers. Provide guidance and direction for the growth and development of counterparty credit for the trading and financing of leveraged funds and specialized business as well as oversight for credit risk mitigation and maintenance. Responsible for basic counterparty credit analysis of traditional hedge funds and private equity funds in capital markets and wholesale sales/trading businesses. Oversee trade approvals, initial credit reviews, and annual credit reviews of leveraged fund counterparties - performing ongoing monitoring of counterparty quality and credit exposures as well as conducting due diligence for hedge fund clients. Prepare credit packages and annual reviews. Oversee hedge fund credit and support underwriting for a range of counterparty traded products including: Prime Brokerage, Futures & OTC Clearing, Bilateral Derivatives, Foreign Exchange, Repo, Securities Financing, and Secondary Loan Trading. Conduct due diligence with alternative asset managers, write initial and annual credit reviews, set and approve credit limits, monitor client financials, approve bespoke trades and/or margin levels, monitor margin calls, and escalate concerns to senior risk managers and business leaders. Interact with external client contacts as well as with internal business partners in the Corporate & Investment Banking Markets Division to make sound risk decisions that are aligned with the risk management framework of the company. Telecommuting is permitted up to 1 day a week. Position must appear in person to the location listed as the work address.
Travel required: Rare or infrequent domestic travel is required 10% of the time.
Required Qualifications: Bachelor's degree in Finance, Economics, Mathematics, Business Administration, or related financial field plus seven (7) years of experience in the job offered or in a related position involving credit risk underwriting, counterparty portfolio management, and portfolio monitoring.
Specific skills required:
• Experience with capital markets and counterparty credit risk, including the major financing and OTC traded products, such as repo, prime brokerage, futures, foreign exchange, total return swaps, interest rate derivatives, equity derivatives, credit derivatives, commodity swaps, securities trading, and secondary loan trading.
• Experience with Prime Brokerage and other equity financing or clearing businesses for leveraged funds.
• Knowledge of counterparty credit exposure (e.g. potential future exposure and value-at-risk), stress testing, margin calls, and risk reporting.
• Experience in evaluating and conducting due diligence with alternative asset managers, primarily hedge funds or private equity funds, as well as proprietary trading firms and family offices.
• Experience in writing credit reviews with detailed credit analysis on complex fund types.
• Experience with negotiating credit points in master trading legal documentation (ISDA, MRA, PBCA, FCSA, etc.).
Salary: $191,000 - $305,000
Pay Range
Compensation includes a base pay component that meets or exceeds the applicable exempt salary threshold, expressed as an hourly equivalent where required, with the opportunity to earn additional commission. All pay complies with applicable minimum wage laws.
Benefits
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.
Posting End Date:
13 Nov 2026
* Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells 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 Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells 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.
Wells Fargo Securities, LLC seeks a Senior Lead CIB Portfolio Manager in New York, NY.
Job Role and Responsibility: Provide underwriting for counterparty credit for leveraged funds and specialized business. Provide oversight and management to asset managers. Provide guidance and direction for the growth and development of counterparty credit for the trading and financing of leveraged funds and specialized business as well as oversight for credit risk mitigation and maintenance. Responsible for basic counterparty credit analysis of traditional hedge funds and private equity funds in capital markets and wholesale sales/trading businesses. Oversee trade approvals, initial credit reviews, and annual credit reviews of leveraged fund counterparties - performing ongoing monitoring of counterparty quality and credit exposures as well as conducting due diligence for hedge fund clients. Prepare credit packages and annual reviews. Oversee hedge fund credit and support underwriting for a range of counterparty traded products including: Prime Brokerage, Futures & OTC Clearing, Bilateral Derivatives, Foreign Exchange, Repo, Securities Financing, and Secondary Loan Trading. Conduct due diligence with alternative asset managers, write initial and annual credit reviews, set and approve credit limits, monitor client financials, approve bespoke trades and/or margin levels, monitor margin calls, and escalate concerns to senior risk managers and business leaders. Interact with external client contacts as well as with internal business partners in the Corporate & Investment Banking Markets Division to make sound risk decisions that are aligned with the risk management framework of the company. Telecommuting is permitted up to 1 day a week. Position must appear in person to the location listed as the work address.
Travel required: Rare or infrequent domestic travel is required 10% of the time.
Required Qualifications: Bachelor's degree in Finance, Economics, Mathematics, Business Administration, or related financial field plus seven (7) years of experience in the job offered or in a related position involving credit risk underwriting, counterparty portfolio management, and portfolio monitoring.
Specific skills required:
• Experience with capital markets and counterparty credit risk, including the major financing and OTC traded products, such as repo, prime brokerage, futures, foreign exchange, total return swaps, interest rate derivatives, equity derivatives, credit derivatives, commodity swaps, securities trading, and secondary loan trading.
• Experience with Prime Brokerage and other equity financing or clearing businesses for leveraged funds.
• Knowledge of counterparty credit exposure (e.g. potential future exposure and value-at-risk), stress testing, margin calls, and risk reporting.
• Experience in evaluating and conducting due diligence with alternative asset managers, primarily hedge funds or private equity funds, as well as proprietary trading firms and family offices.
• Experience in writing credit reviews with detailed credit analysis on complex fund types.
• Experience with negotiating credit points in master trading legal documentation (ISDA, MRA, PBCA, FCSA, etc.).
Salary: $191,000 - $305,000
Pay Range
Compensation includes a base pay component that meets or exceeds the applicable exempt salary threshold, expressed as an hourly equivalent where required, with the opportunity to earn additional commission. All pay complies with applicable minimum wage laws.
Benefits
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 benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Posting End Date:
13 Nov 2026
* Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells 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 Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells 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.
Similar Jobs at Wells Fargo
Fintech • Financial Services
Leads AI enablement and data strategy across commercial and corporate investment banking lending organizations. Drives AI adoption through training, workshops, innovation programs, communications, and AI Champions networks. Advises executives on responsible AI, governance, risk, workforce readiness, and business value. Establishes adoption metrics, operating models, partnerships, and learning environments while coordinating business, technology, data, communications, and leadership stakeholders in a regulated banking environment.
Top Skills:
Artificial IntelligenceGenerative Ai
Fintech • Financial Services
Supports residential mortgage-backed securities structuring, underwriting, valuation, and transaction execution. Coordinates with clients, traders, rating agencies, lawyers, accountants, and internal teams. Oversees mortgage warehouse financing lines, monitors collateral performance and market conditions, manages risk reporting, and presents performance metrics. The role requires structured finance expertise, mortgage capital markets knowledge, analytical skills, and proficiency with industry software, Python, SQL, and Power BI.
Top Skills:
BloombergCasFinra Series 63Finra Series 79IntexPolypathsPower BIPythonSQLYieldbook
Fintech • Financial Services
Build and manage relationships with affluent consumer and business customers, acquire and deepen a book of business, and provide tailored guidance across deposits, lending, investments, credit, and banking services. The role requires proactive outreach, discovery-based advising, internal collaboration, digital banking education, risk oversight, regulatory compliance, and peer support. Most Saturdays are required, along with FINRA and state insurance licensing, SAFE registration, and enhanced background and financial fitness screening.
What you need to know about the Los Angeles Tech Scene
Los Angeles is a global leader in entertainment, so it’s no surprise that many of the biggest players in streaming, digital media and game development call the city home. But the city boasts plenty of non-entertainment innovation as well, with tech companies spanning verticals like AI, fintech, e-commerce and biotech. With major universities like Caltech, UCLA, USC and the nearby UC Irvine, the city has a steady supply of top-flight tech and engineering talent — not counting the graduates flocking to Los Angeles from across the world to enjoy its beaches, culture and year-round temperate climate.
Key Facts About Los Angeles Tech
- Number of Tech Workers: 375,800; 5.5% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Snap, Netflix, SpaceX, Disney, Google
- Key Industries: Artificial intelligence, adtech, media, software, game development
- Funding Landscape: $11.6 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Strong Ventures, Fifth Wall, Upfront Ventures, Mucker Capital, Kittyhawk Ventures
- Research Centers and Universities: California Institute of Technology, UCLA, University of Southern California, UC Irvine, Pepperdine, California Institute for Immunology and Immunotherapy, Center for Quantum Science and Engineering
