About this role:

Wells Fargo is seeking an Associate, Commercial Real Estate Portfolio Manager to join the team to assist in origination and management of commercial real estate loans. This portfolio will be diversified by product type (multifamily, industrial, retail, office, mixed-use, land), facility type (construction, term, bridge, perm, lines of credit, etc.) and loan structure (recourse/non-recourse; secured vs. unsecured; mezzanine financing).

In this role, you will:

• Be responsible for underwriting, origination and the management of a portfolio of commercial real estate loans and investments within Real Estate Banking, our primary balance sheet lending CRE platform
• Analyze and underwrite new loan opportunities within the assigned portfolio, utilizing market research, internal loan information, client data, and third-party market research
• Review and make recommendations for approval (or denial) of loan requests, lease approvals, collateral releases, requests for letters of credit, funding of reserves/loan holdbacks, loan extensions and loan modifications
• Collaborate with senior portfolio managers and coverage bankers to develop strategies around relationship optimization and deal level execution
• Interface with customers to assist in identifying needs and maintaining strong relationships
• Perform both sponsorship and loan level financial analysis
• Complete in-depth property level analysis and market research
• Present and advocate to credit committee for approval of loans
• Work with outside counsel, internal compliance, and our loan closing teams to close modifications and new loans including review of third-party reports and loan documentation
• Review and approve construction loan draws
• Conduct quarterly and annual portfolio reviews to identify potential concerns
• Conduct property tours / site visits
• Maintain an in-depth knowledge of the local commercial real estate market
• Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements
• Identify opportunities for process improvements within scope of responsibilities or functional area

Required Qualifications:

• 2+ years of Commercial Real Estate Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Experience underwriting various commercial property types including multifamily, retail, industrial, office, hospitality etc.
• Ability to develop and maintain strong relationships while actively participating in the successful execution of complex transactions
• Familiarity with various facility types including construction, term, bridge, perm, lines of credit, etc. and loan structures including recourse/non-recourse, secured/unsecured, and mezzanine financing
• Experience evaluating market conditions and identifying appropriate comparable properties
• Ability to apply sound judgment in the application of analytical conclusions to credit approval, structure, and management recommendations
• Strong verbal, written, and interpersonal communication skills
• Ability to interact with all levels of an organization
• Intermediate Microsoft Office skills including some advanced accounting and finance functions in Microsoft Excel
• A BS/BA degree or higher

Job Expectations:

• Ability to travel as needed
• Willingness to work on-site in accordance with current office requirements
• Visa sponsorship is not available

• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Salary is just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs).

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit  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:

*Job posting may come down early due to volume of applicants.