Executive Director, Commercial Real Estate Portfolio Management Senior Manager

Executive Director, Commercial Real Estate Portfolio Management Senior 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 Executive Director, Commercial Real Estate Portfolio Management Senior Manager in Real Estate Banking will be responsible for leading a team of Portfolio Managers to execute, underwrite, structure and craft optimal financing executions with a specialty in providing balance sheet solutions, and forecast customer needs in partnership with clients, CLI Coverage Bankers, CLI Coverage Banking Managers, Loan Administration and Credit Risk.

In this role, you will:

• Lead a team of Portfolio Managers to execute, underwrite, structure and craft optimal financing executions with a specialty in providing balance sheet solutions, and forecast customer needs in partnership with clients, CLI Coverage Bankers, CLI Coverage Banking Managers, Loan Administration and Credit Risk
• Attract, develop and retain workforce of talented employees and maintain succession planning
• Work closely with peers to drive efficiency, bring consistency across the footprint, and lead a team with primary responsibility for risk underwriting, monitoring, documenting and reacting to the credit quality of an assigned portfolio of clients with loans and other forms of risk exposure
• Ensure group's compliance with all legal, regulatory and internal policies and requirements Serve as subject matter expert and sounding board for underwriting strategies, deal positioning and relationship management strategies
• Advise others on underwriting guidelines and specific considerations and nuances to drive profitable underwriting and portfolio management while remaining within identified risk parameters Collaborate with Head of CLI Portfolio Management and Asset Management on watchlist and problem accounts
• Identify and monitor overall success criteria or performance indicators for underwriting across teams Monitor effectiveness of organizational credit policies and procedures and lead efforts to review and revise existing underwriting policies to further optimize underwriting and value for client and the business
• Identify credit management best practices and coach others to adopt them to drive consistent, holistic credit portfolio management decisions
• Develop or support cross-functional initiatives to promote awareness, product and service understanding, risk evaluation and potential expansion opportunities
• May underwrite transactions and portfolio manage directly with similar responsibilities as Portfolio Manager

Required Qualifications:

• 7+ years of Commercial Real Estate Portfolio Management or leadership experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 3+ years of management or leadership experience

Desired

Qualifications:

• 3+ years managing a team of direct reports preferably in Commercial Real Estate Portfolio management and Low-Income Housing Tax Credits.
• 6+ years' experience underwriting all commercial real estate property types
• In depth and understanding of low-income housing tax credits
• In depth knowledge evaluating Commercial Real Estate market conditions, with experience determining appropriate comparable properties
• Ability to apply sound judgment in the application of analytical conclusions to credit approval, structure, and management recommendations
• Knowledge and understanding of Regulatory Risk and Compliance policies and programs
• Due diligence, underwriting, structuring, and pricing experience
• Ability to…