Commercial Banking Portfolio Manager

Wells Fargo•Minneapolis, MN

4d•$77,000 - $145,000•Hybrid

About The Position

Wells Fargo is hiring a Commercial Banking Portfolio Manager within its Commercial Banking Group. The role covers the investment real estate segment, working with companies whose portfolios range in size from $25 million to $2 billion. It requires understanding commercial real estate lending, evaluating credit risk across traditional and complex financing arrangements, assessing market dynamics, conducting financial analysis, and applying risk management principles. The position involves researching complex credit investigations and loan information, identifying process improvements, evaluating operational assignments and alternatives, and developing recommendations for complex situations. The Portfolio Manager exercises independent judgment, develops expertise in applicable functions and compliance requirements, and collaborates with internal and external partners and customers. The position supports a hybrid work schedule and may require travel up to 10% of the time. It does not support visa sponsorship. Specific compliance policies may apply to outside activities or personal investing.

Requirements

At least 2 years of Commercial Banking Portfolio Management experience, or equivalent experience demonstrated through work experience, training, military experience, or education.
Strong Investor Real Estate lending credit analysis skills, with high attention to detail and accuracy.
Experience with commercial, owner-occupied real estate lending, including documentation, due diligence, and regulatory compliance processes.
Credit underwriting experience, including Commercial Middle Market/Mid-Corp credit or specialty group relationship portfolio credit.
Strong analytical skills and ability to spread and analyze financial statements and perform in-depth commercial financial statement analysis.
Strong risk management and compliance skills.
Ability to understand and review loan documentation.
Demonstrated attention to detail, self-motivation, and ability to independently solve problems.
Ability to work in a fast-paced environment with strong organizational, multitasking, and prioritization skills.
Excellent verbal, written, and interpersonal skills, including effective communication with internal partners in person and remotely.
Microsoft Office skills, including Excel for financial analysis and projection modeling.
Ability to travel up to 10% of the time.
Ability to work a hybrid schedule.
Position does not support visa sponsorship.

Nice To Haves

At least 2 years of experience underwriting Investor Real Estate clients.

Responsibilities

Research complex credit investigations and diverse credit information for loans.
Identify opportunities for process improvements within the scope of responsibilities or functional area.
Review operational assignments requiring research, evaluation, and selection of alternatives, exercising independent judgment to guide medium-risk deliverables.
Present recommendations for resolving complex situations and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements.
Collaborate and consult with functional colleagues, internal partners, stakeholders, and internal and external customers.
Support the company's risk programs and comply with applicable policies, procedures, and risk and compliance obligations.