Lead Commercial Real Estate Portfolio Representative

About this role:

Wells Fargo is seeking a...

In this role, you will:

• Evaluate complex financial performance of borrower and guarantor based on a variety of factors and determining an appropriate risk rating, both qualitative and quantitative; this would include review of financial statements and compare it against Commercial Real Estate guidelines
• Analyze historical cash flows and developing proforma based on historical performance of the property and relevant market data
• Evaluate existing leases within the property to determine possible impact on cash flows by reviewing for pertinent clauses, such as termination options and go dark
• Review loan documents and summarize salient facts of the loan and ongoing covenants (both financial and non-financial) to be maintained by the borrower
• Perform market research of real estate using various third-party applications and compare performance of subject property against market data to draw conclusion of overall performance
• Review third party documents, such as appraisal, site inspection report, property condition assessment report to infer overall performance of the property and identify significant factors which may impact asset
• Document and synthesize all findings based on above mentioned reviews
• Quality check work performed by junior team members and provide appropriate feedback on the same
• Understand the feedback received from the onshore team members and disseminate the same to the team
• Provide training to the team members and educate them on different scenarios
• Communicate with Asset Managers and make sure to deliver the desired output
• Serve as subject matter expert of the team and manage new transitions and expanded scope of work seamlessly
• Conduct functional trainings for Team members
• Identify efficiency opportunities within process and implement the same
• Support the securitization team in drafting marketing materials, maintaining databases, and spreading property financials.
• Review loan documents, asset summary reports, third party reports, historical and underwritten cash flows, and other diligence files to summarize salient facts of the property, loan, market and borrower into a 3-10 page summary template.
• Perform property, borrower, and market research using various third party applications to build out marketing materials and databases.
• Effectively communicate with securitization team members and make sure to deliver the desired output.

• Qualifications

• 4 to 6 years of overall experience in commercial real estate industry.
• Ability to read, comprehend and summarize information regarding property performance / market related information from multiple sources into one prescribed template.
• Knowledge of mortgages, real estate market, and financial lending.
• Ability to work in a fast paced environment under tight deadlines.
• Strong writing and analytical skills
• Excellent communication skills, with good comprehension and business writing skills.
• Master Degree in Accounting, Finance, Economics
• Any professional Finance/Accounting/Economics certification would be a plus

Posting End Date: 

*Job posting may come down early due to volume of applicants.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

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