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Wells Fargo · 2 weeks ago

Commercial Real Estate Portfolio Manager

San Francisco, CA

Full-time

Onsite

Entry, Mid Level

$92K/yr - $145K/yr

2+ years exp

Wells Fargo is a leading financial services company that provides a comprehensive suite of banking, capital markets, and advisory solutions. They are seeking a Commercial Real Estate Portfolio Manager to manage a portfolio of commercial real estate loans, primarily focused on multifamily affordable housing, while collaborating with various stakeholders to optimize relationships and execute deals.

BankingFinancial ServicesFinTechInsurancePayments

Responsibilities

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

Work closely with the Portfolio Manager to jointly analyze and underwrite new loan opportunities, utilizing a combination of market research, internal portfolio data, client information, and third-party insights

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

Qualification

Commercial Real Estate ManagementFinancial AnalysisMarket ResearchLoan StructuringMicrosoft ExcelRelationship ManagementCommunication Skills

Required

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

Preferred

Ability to develop and maintain strong relationships while actively participating in the successful execution of complex transactions

Familiarity with multifamily - affordable housing, including the Low-Income Housing Tax Credit program

Familiarity 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

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