Associate – CIB Portfolio Manager

Wells Fargo Bank•Charlotte, NC

1d•Hybrid

About The Position

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 a CIB Portfolio Manager in the REIT (Real Estate Investment Trust) Finance Group as part of the Corporate & Investment Banking Team. The CIB Portfolio manager supports the CRE REIT Finance Group, which delivers corporate banking products and services to public and private Real Estate Investment Trust (REITs), sponsors, and other commercial real estate owners. This involves corporate level lending, capital structure advisory and to a smaller extent, asset-level lending. This role will be primarily focused on credit banking and portfolio management. In collaboration with Portfolio Manager(s), they will hold responsibility for underwriting, monitoring, documenting and reacting to the credit quality of an assigned portfolio of loans.

Requirements

2+ years of CIB Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

2+ years of corporate finance or commercial real estate origination underwriting and portfolio management experience
Ability to develop and maintain strong relationships while actively participating in the successful execution of complex transactions
Knowledge and understanding of US GAAP financial statements or components preparation
Experience researching and documenting SEC/GAAP/REG issues in concise memorandums
Knowledge and understanding of corporate banking credits, cash flow analysis, and underwriting guidelines
Ability to thoroughly analyze credits on an independent basis and communicate findings in a concise manner
Familiarity with the commercial property types including multifamily, retail industrial, office, hospitality, etc.
Excellent verbal, written, and interpersonal communication skills
Ability to interact with all levels of an organization

Responsibilities

Complete underwriting, continuously monitor & react to the credit quality of an assigned portfolio of loans of REIT Finance Group clients
Synthesize industry and economic trends as well as the analysis of the financial performance of customers including balance sheet, cash flow and real estate portfolio analysis
Partner with Portfolio Manager(s) and Corporate Banker(s) to structure and underwrite credit solutions (both regular-way and acquisition financing) for large, complex public/corporate/institutional CRE clients across the credit spectrum (both Investment Grade and Non-Investment Grade)
In partnership with Senior Portfolio Manager(s), provide high quality analysis and deliverables to facilitate the credit approval process with Wholesale Credit Risk and Senior Management
Provide recommendations for resolving situations and exercise independent judgment while developing expertise in the functions, policies, procedures and compliance requirements
Collaborate and consult with peers, colleagues, and mid- managers to resolve issues and achieve goals