Lead Commercial Real Estate Relationship Manager
| Company | Wells Fargo |
|---|---|
| Location | Charlotte, NC, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | |
| Experience Level | Senior |
Requirements
- 5+ years of Commercial Real Estate Relationship Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Responsibilities
- Underwrite and manage a portfolio of commercial real estate loans to be financed on CRE loan repurchase facilities
- Incorporate analysis into well written credit approval memorandums for review by management and senior credit officers
- Analyze financial statements of commercial real estate non-bank lenders for discussion/presentation to senior management and credit supporting client relationships
- Conduct reviews of clients’ annual and quarterly financial statements as well as evaluate credit ratings
- Spread financials, as well as monitor covenant compliance, news and related press releases in order to assess the financial strength of clients
- Review client loan due diligence packages, including investment memos, third party reports, market information, sponsor financials, etc.
- Prepare asset approval forms for new transactions, spread asset level operating statements, property rent rolls and other applicable tasks for new transactions as well as update underwriting database
- Coordinate reviews of third-party reports with the internal review team
- Perform any requested ad hoc tasks for new and existing clients, required reporting and special projects that arise
- Prepare weekly pipeline updates as well as tracking of deal progress and timing
- Determine appropriate strategy and actions to meet moderate to high-risk deliverables
- Assist in leading the team to achieve business objectives and strategy
- Identify and recommend opportunities for process improvement and risk control development
- Interpret policies, procedures, and compliance requirements
Preferred Qualifications
- Experience underwriting all major commercial real estate property types including office, multifamily, industrial, retail, hospitality, etc.
- Ability to develop partnerships and collaborate with other business and functional areas
- Outstanding analytical problem solving and decision-making skills, meticulous attention to detail, and proficiency in financial analysis
- Prior corporate underwriting experience
- Outstanding communication skills
- Intermediate Microsoft Office (Word, Excel, and Outlook) skills including some advanced finance and accounting Excel functions
- Extensive technical writing skills
- A BS/BA degree or higher