Senior Lead Commercial Real Estate Portfolio Manager

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. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

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 (Single Family Builder Lines of Credit and Project loans for Public and Private homebuilders, Single Family Build for Rent and Multifamily projects, etc.) and loan structure (recourse/non-recourse and secured vs. unsecured).

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, 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

• 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, including single-family builder lines of credit, project loans for public and private homebuilders, single-family build-for-rent communities, and multifamily developments.

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

• Experience structuring and managing diverse credit facilities—including construction, term, bridge, permanent, and revolving lines of credit—as 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