WORK LOCATIONS:

125 High Street, Boston MA
30 Hudson Yards, New York City NY
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

WELLS FARGO RECRUITMENT AND HIRING REQUIREMENTS:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process

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, educatio

Desired Qualifications:

• Ability to develop and maintain strong relationships while actively participating in the successful execution of complex transactions
• Familiarity with the commercial property types including multifamily, retail, industrial, office, hospitality etc.
• 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 highe

Wells Fargo is seeking a Lead Commercial Real Estate Portfolio Manager / Underwriter to assist in managing a group of assigned relationships and commercial real estate loans. This portfolio will be diversified by product type (office, multifamily, industrial, retail, 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:

• Lead complex initiatives including those that are companywide with broad impact
• Act as key participant in large scale planning for Commercial Real Estate Portfolio Management functional area
• Review and research complex, multifaceted, large scale, and long term business challenges that require in-depth evaluation of multiple factors including intangibles or unprecedented factors
• Make decisions in complex and multifaceted situations requiring exceptional understanding of the function, policies, procedures, and compliance requirements that influence and lead broader work team to meet deliverables and drive new initiatives
• Collaborate and consult with Commercial Real Estate Portfolio Management peers, colleagues, and mid level to more experienced managers to resolve issues and achieve goals
• Lead projects, teams, or serve as a peer mentor
• 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
• Identify opportunities for process improvements within scope of responsibilities or functional area

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:

• Ability to develop and maintain strong relationships while actively participating in the successful execution of complex transactions
• Familiarity with the commercial property types including multifamily, retail, industrial, office, hospitality etc.
• 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 work in office a minimum of 4 to 5 days per week
• Ability to travel domestically