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Senior Lead CRE Portfolio Manager - Executive Director
Senior Lead CRE Portfolio Manager - Executive DirectorCharlotte Staffing • Charlotte, NC, US
Senior Lead CRE Portfolio Manager - Executive Director

Senior Lead CRE Portfolio Manager - Executive Director

Charlotte Staffing • Charlotte, NC, US
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Senior Lead Commercial Real Estate Portfolio Manager / Underwriter

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. Commercial Real Estate (CRE) provides a fully integrated platform of banking, financing, and capital markets solutions to commercial real estate clients including financial sponsors, institutional investors and asset managers, regional developers, and public and private corporations.

About this role :

Wells Fargo is seeking a Senior 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 and loan structure.

In this role, you will :

  • Lead complex, enterprise-wide initiatives with significant organizational impact.
  • Act as key participant in strategic planning for Commercial Real Estate Portfolio Management.
  • 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 within Real Estate Banking.
  • 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.
  • 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 property tours / site visits.
  • Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements.

Required Qualifications :

  • 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.
  • Desired Qualifications :

  • Experience structuring and underwriting commercial real estate financing across diverse property types.
  • Ability to develop and maintain strong relationships while actively participating in the successful execution of complex transactions.
  • Experience structuring and managing diverse credit facilitiesincluding construction, term, bridge, permanent, and revolving lines of creditas well as loan structures such as recourse / non-recourse and secured / unsecured 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.
  • Proficiency in Microsoft Office, with advanced Excel capabilities for accounting and financial analysis.
  • A BS / BA degree or higher.
  • Job Expectations :

  • Ability to travel as needed.
  • Willingness to work on-site in accordance with current office requirements.
  • Ability to work additional hours as needed.
  • This position is not eligible for VISA sponsorship.

    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. Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

    We Value Equal Opportunity

    Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

    Drug and Alcohol Policy

    Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

    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.

    Req Number : R-508850

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    Senior Portfolio Manager • Charlotte, NC, US

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