Senior Lead Commercial Real Estate Portfolio Manager jobs in United States
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Wells Fargo ยท 1 day ago

Senior Lead Commercial Real Estate Portfolio Manager

Wells Fargo is a leading financial services company that provides a comprehensive suite of banking and investment solutions. The Senior Lead Commercial Real Estate Portfolio Manager will manage a diversified portfolio of commercial real estate loans and investments, analyze new loan opportunities, and collaborate with senior portfolio managers to optimize client relationships.

BankingFinancial ServicesFinTechInsurancePayments
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Responsibilities

Be responsible for 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

Qualification

Commercial Real Estate ManagementLoan UnderwritingFinancial AnalysisMarket ResearchRelationship ManagementMicrosoft ExcelLeadershipCommunication Skills

Required

7+ 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

Preferred

5+ years' experience 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
5+ years' experience with commercial property types including multifamily, retail, industrial, and office
Ability to develop and maintain strong relationships while actively participating in the successful execution of complex transactions
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
Demonstrated leadership in coaching, training and mentoring
Strong verbal, written, and interpersonal communication skills
Advanced Microsoft Excel skills, including formulas and dynamic spreadsheets to support core accounting and finance functions
A BS/BA degree or higher

Company

Wells Fargo

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Wells Fargo & Company is a financial services firm that provides banking, insurance, investments, and mortgage services.

Funding

Current Stage
Public Company
Total Funding
unknown
1978-10-06IPO

Leadership Team

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Charlie Scharf
CEO
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Fernando Rivas
CEO of Corporate & Investment Banking
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Company data provided by crunchbase