Commercial Real Estate Services Senior (CRES) Advisor
Wells FargoAbout the role
About this role:
Wells Fargo is seeking a senior CRES Advisor supporting the Commercial Bank. Learn more about the career areas and business divisions at wellsfargojobs.com.
In this role, you will:
- Lead complex credit initiatives including those that are cross functional with broad impact
- Develop and implement strategies, programs, and policies with a direct and significant impact on credit risk appetite and culture
- Provide oversight on credit risk governance and across assigned businesses or functions
- Review and analyze complex credit performance, and potential or emerging credit risks that require in-depth evaluation of multiple factors including intangibles or unprecedented factors
- Develop appropriate strategies that ensure risk is within Wells Fargo's risk appetite
- Make decisions in complex and multifaceted situations requiring sound understanding of credit and portfolio strategies that influence teams to meet deliverables and drive new initiatives
- Direct and coordinate the various activities related to assessing and predicting risk through business analysis or modeling
- Collaborate and consult with peers, colleagues, and middle to more experienced managers to resolve credit and portfolio issues, and achieve goals
- Lead projects, teams, or serve as a peer mentor
- Serve as a technical expert for management on high complex issues
Required Qualifications:
- 5+ years of Credit Consulting Portfolio experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- 5+ years of commercial real estate experience, specifically related to (1) appraisals, environmentals, and property condition reports; and (2) commercial leases
- Working knowledge of commercial title insurance
- Ability to identify and mitigate risks related to commercial real estate
- Ability to succeed in a fast-paced working environment - - managing multiple real estate transactions at the same time
- Excellent written and communication skills
- Working knowledge of construction (budgets, draw process, title insurance)
Job expectations:
- This position is not eligible for Visa sponsorship
- This position offers a hybrid work schedule
- 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
- May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards
#commercialbanking
Location:
- 600 South 4th Street - Minneapolis, Minnesota 55415
- 550 S. Tryon Street - Charlotte, NC 28202
- 801 Walnut Street-Des Moines, Iowa 50309
- 877 W Main Street-Boise, Idaho 83702
- 8601 N Scottsdale Road-Scottsdale, Arizona 85253
- 10999 W Interstate 10-San Antonio, Texas 78230
- 299 S. Main Street- Salt Lake City, Utah 84111
- 114 N. Beaumont Street-St. Louis, Missouri 63103
- 1445 Ross Avenue- Dallas, Texas 75202
- 333 Market Street-San Francisco, California 94105
Pay Range:
Dallas – Texas Pay Range: $119,000 - $187,000 USD annual (this range may not be applicable to other locations)
Minneapolis – Minnesota Pay Range: $131,000 - $206,000 USD annual (this range may not be applicable to other locations)
San Francisco – California Pay Range: $143,000 - $224,000 USD annual (this range may not be applicable to other locations)
Preferred locations listed above. Other locations within the Wells Fargo footprint may be considered. Relocation assistance is not available for this position.
CRES is seeking a senior Advisor. A CRES Advisor will manage the due diligence requirements related to commercial real estate, managing multiple real estate loans from origination to loan closing. A senior Advisor will work on the most complex real estate transactions (including construction).
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors i
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