Associate – CIB Portfolio Manager

Wells Fargo & Company • Charlotte, NC

1d • Hybrid

About The Position

The Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets, and advisory solutions, including sales, trading, and research capabilities, to corporate, government, and institutional clients, focusing on their overall financial needs. Commercial Real Estate (CRE) provides an 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. This role is for a CIB Portfolio Manager in the REIT (Real Estate Investment Trust) Finance Group, 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 Trusts (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), the individual 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed