Head of Asset Backed Finance and Securitization, Wells Fargo Securities
The structured finance and securitization businesses that Julie Caperton runs at Wells Fargo are some of the most complex businesses in the company and some of the most profitable.
Last year, her group saw a 34 percent increase in revenue as it aggressively expanded its balance sheet and landed at or near the top of the league tables in U.S. subprime auto-loan issues and global commercial mortgage-backed securities. Because of the nature of the asset-backed business, she also manages a rail company owned by Wells, along with joint ventures in shipping and commercial aircraft. Caperton has been called on by CEO John Stumpf, CFO Tim Sloan and senior Wells executives in mortgages and consumer products to lead or advise on projects outside her group that call for expertise in securitization or structured finance.
Last year, her group's process for complying with Anti-Money Laundering and Know Your Customer requirements were identified by Wells' corporate risk team as being best in class, and became the benchmark for all of the company's wholesale businesses.