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Wells Fargo

Nationwide banking and financial services

Head of Joint Venture Strategy and Relationship Management

Retail & Commercial BankingConfirmed live in the last 24 hours
Full-timeMedina, MN, USA

About the Job

Requirements

  • At least 7 years of secured and/or specialized lending relationship management, portfolio management, or leadership experience, or equivalent demonstrated through work experience, training, military experience, or education.
  • At least 3 years of management or leadership experience.
  • Willingness to work on-site in Medina, Minnesota.
  • Compliance policies may apply to outside activities or personal investing; affected employees must provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policies if hired.

Responsibilities

  • Serve as a trusted relationship leader for Wells Fargo, Polaris, and joint venture executives, maintaining alignment on strategic priorities, performance expectations, and emerging opportunities.
  • Lead quarterly Board meetings and ad hoc executive discussions, presenting perspectives on joint venture performance, key issues, strategic alternatives, and recommended actions.
  • Oversee accounting-related functions and provide strategic guidance on audit and tax activities related to the joint venture structure.
  • Lead development and communication of monthly financial forecasts in alignment with Polaris corporate planning.
  • Develop and present the Long-Range Plan forecast, ensuring alignment with strategic growth objectives.
  • Manage pricing strategies, including monthly pricing outlooks and biannual rate resets.
  • Provide strategic oversight of new deal onboarding and guide resolution of escalated transactions.
  • Review the weekly deal pipeline and collaborate with Polaris to address at-risk dealer relationships.
  • Participate in watchlist dealer calls to advise Polaris on potential notifications or corrective actions.
  • Ensure accurate rates, terms, and operational processes in alignment with original equipment manufacturer and dealer pricing structures.
  • Partner with the Portfolio Manager to manage held orders, pre-sold units, and credit line utilization.
  • Maintain internal controls to monitor duplicate serial numbers, delayed shipments, and escalation triggers.
  • Support global joint venture relationship activities and coordination as needed.
  • Maintain and update the global repurchase cap in partnership with Underwriting.
  • Assist Underwriting with annual Polaris reviews and internal risk management processes.
  • Determine appropriate strategy and actions for the functional area to meet high-risk deliverables, and interpret and develop moderately complex policies and procedures within scope of responsibility.
  • Develop and guide a culture of talent development to meet business objectives and strategy while building and maintaining effective relationships with existing clients within the relevant products or functional area, including sharing relevant information with coverage team partners.
  • Lead a team in reviewing and analyzing moderately to highly complex and strategic client portfolios for issues related to cash flow, liquidity, and leverage.
  • Interact directly with external clients on individual deals and relationships, and develop the team’s understanding of clients’ businesses, strategic objectives, operational priorities, and financial positions to identify opportunities for modifications, renewals, and refinancings.
  • Manage a team and provide leadership for moderately to highly complex modifications, renewals, and refinancings, including assessing prospective and existing clients’ financial positions and risk levels.
  • Collaborate with and influence professionals at all levels, including senior managers, to lead strategy and resolve complex scenarios by synthesizing industry and economic trends, legal and regulatory issues, and regular portfolio reviews to manage risk and lead problem-loan resolutions where applicable.
  • Ensure initial portfolio setup and management adhere to applicable credit policies and compliance requirements, and prepare for periodic internal and external audits.
  • Partner with product management functional partners to provide vision, leadership, and industry expertise on evolving market needs, leading cross-functional process improvements and risk-control development.
  • Provide leadership and expertise on multifaceted issues to multiple management levels, and lead a team to implement significant solutions and new product initiatives and influence financial operations.
  • Manage allocation of people and financial resources to meet commitments and align with strategic objectives for the area of responsibility.
  • Execute applicable risk programs, follow policies and procedures, fulfill risk and compliance obligations, escalate and remediate issues, and make sound risk decisions.
  • Proactively monitor governance, identify and escalate risks, and make risk decisions consistent with the business unit’s risk appetite and risk and compliance program requirements.

Desired Qualifications

  • Strong executive communication and presentation skills.
  • Ability to lead cross-functional projects and collaborate with senior stakeholders.
  • Experience with forecasting, audit, tax, and compliance within a corporate finance function.
  • Knowledge of original equipment manufacturer and dealer networks.

About the Company

Wells Fargo

Nationwide banking and financial services

Wells Fargo provides banking, investment, and payment services across the United States. Its products include checking and savings accounts, loans, credit cards, wealth management, and payment solutions that work through branches, online and mobile platforms, and an extensive network of branches and ATMs to move money and manage accounts. The bank leverages a long West-to-Midwest footprint and an integrated suite of banking, investment, and payments, reflecting its evolution from 1852 and the 1998 Norwest merger that adopted the Wells Fargo name. Its goal is to help customers manage money, grow wealth, and pay and transfer funds safely and reliably for individuals, small businesses, and institutions.

Company size
10,001+
Company stage
IPO
Headquarters
San Francisco, CA
Founded
1851

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