About this role:

Wells Fargo is seeking a Lead Commercial Real Estate Portfolio Manager / Underwriter to manage a group of assigned relationships and commercial real estate loans. This portfolio will be concentrated in multifamily – affordable housing, but diversified by facility type (construction, bridge, letters of credit, perm, lines of credit, etc.) and loan structure (recourse/non-recourse; secured vs. unsecured).

In this role, you will:

• Be responsible for the management of a portfolio of commercial real estate loans within Community Lending & Investment (CLI), our primary CRE balance sheet lending platform for multifamily-affordable housing.

• 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, extensions and modifications.

• Collaborate with senior management 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.

Required Qualifications:

• 5+ 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:

• Demonstrated expertise in building and sustaining client relationships while driving the successful execution of complex transactions.

• Strong judgment and analytical acumen applied to credit approval, deal structuring, and ongoing portfolio management recommendations.

• Expertise in leveraging analytical conclusions to inform credit approval, structuring, and management decisions with sound judgment.

• Experience with multifamily – affordable housing, including the Low-Income Housing Tax Credit program.

• Experience with various facility types including construction, bridge, letters of credit, perm, lines of credit, etc. and loan structures including recourse/non-recourse and secured/unsecured.

• Experience evaluating market conditions and identifying appropriate comparable properties.

• 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

Job Expectations:

• Ability to travel up to 20% domestically or as needed

• Willingness to work on-site in accordance with current office requirements

• Ability to work additional hours as needed

• 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.

Posting End Date:

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