Commercial Real Estate Program Analyst - Community Lending & Investment

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:

Commercial Real Estate Program Analyst – Community Lending & Investment (CLI)

Wells Fargo is seeking talent to join as a Commercial Real Estate Program Analyst in Corporate and Investment Banking. Learn more about the career areas and lines of business at wellsfargojobs.com

Commercial Real Estate Overview

Commercial Real Estate provides a fully integrated platform of banking, financing, and capital markets as well as financial products and services to clients including financial sponsors, institutional investors, asset managers, regional developers, and public and private corporations. We've built the strongest commercial real estate lending platform in the industry.

The CIB Commercial Real Estate Early Career Program is non-rotational:

• Community Lending & Investment (CLI) provides high-impact unsecured loans, construction debt and investments to underserved communities and markets, supporting the development of affordable housing as well as mixed-use, commercial, and community-oriented spaces with a goal of job creation. CLI provides financing to both non-profit and for-profit sponsors as well as Community Development Financial Institutions. CLI plays a critical role in meeting Wells Fargo’s Community Reinvestment Act (CRA) goals, accounting for a significant share of both CRA Investment and Lending targets.

In this role:

WHAT THE PROGRAM OFFERS

You will work closely with the senior bankers in your office to underwrite real estate and develop a deep understanding of market fundamentals and borrower’s balance sheet profiles. You will also assist senior bankers when they meet with their clients on a regular basis to ensure we continue to meet their needs and to identify future opportunities. You will become an integral part of your office’s team and have the opportunity to assume a significant amount of responsibility that may include:

• 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.

Program duration:  2-year program

Program Location:  Charlotte, NC

Pay Range: $100,000 Annually

REQUIRED QUALIFICATIONS:

• 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 exper