Wells Fargo Lead Commercial Real Estate Portfolio Manager 

United States, New York, New York 

524612708

In this role, you will:

• Manage overall asset management of an assigned portfolio of Fannie Mae performing commercial real estate loans.
• Monitoring, analyzing, and reporting property level operating performance using enterprise and investor reporting applications and tools
• Assessing, analyzing, and reporting risk, conducting loan risk ratings
• Monitoring borrower compliance with loan requirements and covenants
• Performing and/or reviewing property physicalinspections/assessmentof on-site management staff/local market conditions
• Watch list monitoring, as applicable
• Processing of borrower requests and lender consents
• Administration of collateral reserve accounts
• Managing the daily workflow of the assigned portfolio
• Adhering to all investor and internal risk mitigation practices, reporting requirements and deadlines
• Understanding and adhere to all asset management requirements as communicated by the investor (Fannie Mae via applicable guides, lender memorandums, e-mail, and other correspondence
• Understanding and adhering to all internal credit, risk and internal control policies as are applicable to asset management
• Assisting the broader team on projects when needed

Required Qualifications:

• 5+ 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:

• 5+ years demonstrating a high-level skill set that encompasses financial analysis, real estate and property management operations, market knowledge, knowledge of mortgage and legal documents, and credit risk analysis
• Customer service focus with experience actively listening, eliciting information, comprehending customer issues/needs, and recommending solutions
• Familiarity with structured loan transactions
• Competence with Fannie Mae or Freddie Mac multifamily asset management technology tools
• Extensive knowledge and understanding of credit and income producing real estate
• Comprehension of complex commercial real estate loan documentation
• Exposure to multifamily real estate development, property management or underwriting
• Excellent Microsoft Office skills with advanced Excel capabilities
• Good understanding of Financial Statements relating to Financial/Credit Analysis
• Understanding of valuation and discounted present value concepts
• Bachelor’s or Master’s degree in Real Estate, Finance, Accounting or related field

Job Expectations:

• Ability to travel(approx.10% or as needed)
• Ability to work additional hours as needed

Posting Locations:

• 500 W. 33rd St (30 Hudson Yards), New York, New York 10001
• 1751 1753 Pinnacle Dr., McLean, VA 22102*
• 550 South Tryon St, Charlotte, North Carolina 28202

Required locations listed above. Relocation assistance is not available for this position.

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.

Pay Range

Posting End Date:

*

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.