Associate, Commercial Real Estate Portfolio Manager

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

Commercial Real Estate (CRE) provides a fully integrated platform of banking, financing, and capital markets solutions to commercial real estate clients including financial sponsors, institutional investors and asset managers, regional developers, and public and private corporations.

About this role:

Wells Fargo is seeking an Associate, Commercial Real Estate Portfolio Manager for the GSE Select Client team. This role manages an assigned portfolio of Fannie Mae and Freddie Mac multifamily loans, monitoring performance from initial funding through payoff or transfer to special servicing while following investor guidelines, servicing requirements, and internal policies.

In this role, you will:

• Manage the 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.

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 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.
• Demonstrated 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.
• Demonstrated experience of 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, with attention to detail and the ability to manage competing deadlines in a dynamic environment.
• Effective written, verbal, interpersonal, and customer service communication skills, with the ability to work independently and collaboratively, identify customer needs, and recommend practical solutions.
• Bachelor's degree in business, finance, accounting, real estate, or related field.

Job Expectations:

• 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.
• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting End Date:

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

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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

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