Wells Fargo Commercial Real Estate Portfolio Manager 

United States, North Carolina, Charlotte 

128346712

In this role, you will:

• Participate in less complex initiatives and identify opportunity for process improvements for timely processing of all incoming business lending within Transaction and Processing

• Review and analyze basic business, operational, or technical assignments or challenges that require research, evaluation, and selection of alternatives, and exercise independent judgment to guide medium risk deliverables

• Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the function, policies, procedures and compliance requirements for loan approval documents

• Collaborate and consult with functional colleagues, internal partners and stakeholders, including internal and external customers if applicable

• Work with origination, underwriting, closing and central analysts in the preparation of loan approval documents

Job Responsibilities include:

• Analyzing escrow accounts, including performing manual escrow calculations and ensuring accurate escrow collection

• Monitoring delinquent or defaulted mortgage payments, including accurate and timely reporting on loan status and working with borrower towards resolution

• Processing HUD reserve withdrawal requests, including working with HUD to verify approval of HUD-9250 form

• Consistently and accurately document loan information in the appropriate system of record

• Reviewing mid to high complex loan documents

• Recommending and implementing continuous quality and process improvement within the operation department

• Ensuring effective management of quality control processes

• Managing information flow into, within and from the team related to systems, policies, procedures, process changes, reports, data cleanup, etc.

• Gathering and analyzing data for reporting to external and internal parties, ensuring all data is up-to-date and accurate

• Reviewing, interpreting, and understanding agency guidelines, including adapting processes and procedures to reflect changes to policy

• Assisting with other duties as assigned

Required Qualifications:

• 2+ 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:

• 2+ years of multifamily mortgage experience, preferably in agency servicing (FHA, Fannie Mae, or Freddie Mac)

• Experience using loan monitoring systems such as Strategy and Rockport

• Ability to search, compile, and perform analysis on critical operational data

• Ability to work independently and develop strategic recommendations to resolve novel issues and concepts encountered in loan portfolio

• Excellent organizational skills and the ability to multitask while prioritizing workflow to meet production deadlines

• Possess expert-level technical, critical thinking, problem solving and decision-making skills

• Excellent written and verbal communication skills

Job Expectations:

• 4 days in office at one of the listed locations; Charlotte, NC or Mclean, VA

• Ability to travel as needed

• Ability to work additional hours as needed

• his 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.

Wells Fargo Recruitment and Hiring Requirements:

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