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Wells Fargo · 1 day ago

Commercial Real Estate Program Analyst- Multifamily -Affordable Housing

New York, NY

Full-time

Onsite

New Grad, Entry Level

$100K/yr - $136K/yr

0+ years exp

Wells Fargo is seeking a Commercial Real Estate Program Analyst to join their Corporate and Investment Banking team. The role involves underwriting real estate, developing financial models, and assisting senior bankers in client interactions, while gaining a deep understanding of market fundamentals.

BankingFinancial ServicesFinTechInsurancePayments

Responsibilities

Assembling complex financial models that project the potential financial performance of an asset as well as underwriting risks associated with market demand, supply, net effective rents, expenses, capitalization rates, and tenant quality

Researching specific real estate markets and assessing market data and trends affecting demand generators, risk presented by new supply, and comparable properties

Identifying credit issues early in the underwriting process and recommending ways to reduce exposure

Preparing borrower/guarantor financial reviews as well as writing memorandums focused on a borrower's and guarantor's adjusted net worth, leverage, liquidity, and other key risk factors, including cash flows and ability to service debt

Assist in developing pitches for prospective clients, create due diligence reports and track transaction and market data on an ongoing basis

Assist in developing all transaction documents including term sheet, offering memorandum and collateral data tape

Reviewing and assisting in the development of loan agreements and ancillary documents related to the closing of a transaction

Participating in property tours and site visits to develop a deeper understanding of the viability of the real estate and the related transaction

Engaging vendors to facilitate ordering and analyzing third-party reports, including appraisals, property condition reports, environmental reports, and costing analyses

Qualification

Financial modelingMarket analysisCommercial real estateAnalytical skillsMicrosoft OfficeProactivityTeamworkCommunication skillsAttention to detail

Required

6+ months of Commercial Real Estate Relationship Management - Program experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education