Commercial Real Estate Healthcare Portfolio Senior Manager

About this role:

Wells Fargo is seeking a Commercial Real Estate Portfolio Management Sr Manager for the Healthcare Real Estate Finance and Manufactured Housing Communities Groups within Wells Fargo’s Specialty Real Estate Finance (SREF). The position will include leading a team of portfolio managers and associates and report directly to the Head of Portfolio Management and Underwriting for Specialty Real Estate Finance.

In this role, you will:

• Manage and develop a team of individual contributors and mentor/guide talent development of direct reports and assist in hiring talent

• Engage stakeholders and internal partners associated with the Commercial Real Estate Portfolio Management functional area

• Work in conjunction with the Coverage Banking team to support new originations and closings, and assume responsibility of the asset management of the loans post-closing

• Work with the Loan Administration, Disbursement Administration and Treasury Management teams to manage loan modifications, as-of-right extensions, earnouts, cash management, construction draws, TM approvals, and establish quality control over all processes

• Ensure all loans are appropriately hedged and work with the Credit and FX/Derivatives teams to develop hedging solutions for the client and ensure clear communication by the IBCM team

• Monitor, review, and quality control Annual Financial Reviews, loan grading justifications, and ongoing PRTs

• Manage the preparation, coordination, quality level, and presentation of the quarterly portfolio reporting processes

• Drive operational efficiency, including transitions of work to India, and leverage technology to improve productivity and client service

• Identify and recommend opportunities for process improvement, quality data control, and risk control development

• Utilize experience with credit policy and regulatory matters to lead collaboration around broad CRE level credit and operational risk efforts

• Collaborate with the CRE Portfolio Management Team, the COO team, Risk and Control, Technology, CRE Control, CRE Internal Risk Management (IRM), Audit, Finance, Treasury, and Legal departments to execute and lead efforts to develop systems and solutions in the reporting and optimization of the HFG portfolio

• Make decisions and resolve issues regarding resources and processes that impact the operations of the Portfolio Management functional area and team to meet business objectives

• Interpret and develop policies and procedures for functions with low to moderate complexity within scope of responsibility

• Collaborate and consult with peers, colleagues, and multiple level managers, as well as interact directly with external customers for the asset management of the loan portfolio

• Partner with SREF Head of Portfolio Management and Underwriting to review and develop policies and procedures for functions with low to moderate complexity and improve efficiency, effectiveness, productivity, and control procedures

• Provide input on special CRE special projects and initiatives, leading as applicable

Required Qualifications:

• 6+ 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

• 3+ years of management or leadership experience

Desired Qualifications:

• In depth knowledge and understanding of commercial real estate lending, underwriting, loan structuring and capital markets

• Solid background in managing healthcare portfolios

• Strong analytical skills with high attention to detail and accuracy

• Excellent verbal, written, and interpersonal communication skills

• Experience developing and cultivating professional relationships internally and externally

• Ability to interact with all levels of an organization and work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

• Ability to work independently with sound judgment in the application of analytical conclusions to credit approval, structure, and management recommendations

• Ability to interact with integrity and a high level of professionalism with all levels of customers, team members and management

• A bachelor's degree or higher in accounting, finance, real estate, or other applicable degree