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Wells Fargo

Diversified financial services: banking, lending, investments

Associate Commercial Real Estate Portfolio Manager

Retail & Commercial BankingPosted on Nov 11
Full-timeCharlotte, NC, USANo salary listed

About the Job

Requirements

  • At least 2 years of commercial real estate portfolio management experience, or equivalent demonstrated through work experience, training, military experience, education.
  • Ability to travel as needed.
  • Willingness to work on-site in accordance with current office requirements.
  • Ability to work additional hours as needed.
  • This position is not eligible for visa sponsorship.
  • Candidates must successfully complete and pass a background check prior to hire and must meet applicable FINRA requirements; individuals subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer.
  • Affected employees must provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policies regarding outside activities or personal investing.
  • Employees are accountable for executing applicable risk programs and following Wells Fargo policies and procedures, fulfilling risk and compliance obligations, escalating and remediating issues, and making sound risk decisions.

Responsibilities

  • Manage day-to-day asset management of an assigned portfolio of Fannie Mae and Freddie Mac multifamily loans, maintaining a thorough understanding of borrower, property, market, financial, occupancy, and loan-level performance.
  • Serve as a primary contact for borrowers and property management agents, providing responsive service, completing loan-level due diligence, and addressing matters in accordance with investor requirements and delegated authority.
  • Monitor, analyze, and report on property operating performance, risk ratings, watchlist status, physical condition, market trends, and emerging risks; recommend follow-up actions and escalate higher-risk or nonstandard matters as appropriate.
  • Review property inspections, loan documents, third-party reports, servicing requirements, and borrower requests, including lender consents and structured transactions with substitution or release provisions.
  • Proactively monitor governance, identify and escalate risks, and make sound risk decisions consistent with the business unit’s risk appetite and risk and compliance program requirements.

Desired Qualifications

  • At least 2 years of multifamily or commercial real estate experience, including experience in asset management, underwriting, servicing, portfolio management, or a related function; experience with Fannie Mae and/or Freddie Mac multifamily loans.
  • Experience analyzing income-producing real estate, credit risk, property operating performance, occupancy, risk ratings, watchlist status, and underwriting fundamentals.
  • Experience reviewing commercial real estate loan documents, servicing agreements, borrower requests, and third-party reports such as appraisals, physical needs assessments, property condition reports, and environmental reports.
  • Experience completing or evaluating property inspections and assessing property condition, on-site management, local market conditions, and required follow-up actions.
  • Experience interpreting structured loan transactions and securitization documentation, including pooling and servicing agreements and credit facilities with substitution or release provisions.
  • Experience using Fannie Mae and/or Freddie Mac multifamily asset management technology tools.
  • Strong analytical, organizational, prioritization, and problem-solving skills, attention to detail, and ability to manage competing deadlines in a dynamic environment.
  • Effective written, verbal, interpersonal, and customer service communication skills, with ability to work independently and collaboratively, identify customer needs, and recommend practical solutions.
  • Bachelor's degree in business, finance, accounting, real estate, or a related field.

About the Company

Wells Fargo

Diversified financial services: banking, lending, investments

Wells Fargo offers a broad set of financial services, including banking, mortgages, investing, credit cards, and wealth and business banking, to individuals, small businesses, and large corporations. Its products combine everyday banking with lending, investment products, and advisory services, accessible through branches, ATMs, and online or mobile platforms. The company earns mainly from interest on loans, banking fees, and commissions on investment products, supported by a large network and secure technology. Its goal is to help customers manage, preserve, and grow their money through trusted, accessible, and comprehensive financial solutions.

Company size
10,001+
Company stage
IPO
Headquarters
San Francisco, CA
Founded
1851

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