Executitive Director, FHA Asset Management Portfolio Manager

Wells Fargo & Company•Tysons, VA

2d•Onsite

About The Position

Wells Fargo is seeking an Executive Director, FHA Asset Management Portfolio Manager (Commercial Real Estate Portfolio Management Manager) in CIB as part of our Commercial Real Estate team to support the FHA Asset Management team. In this role, you will manage and develop a team of individual contributors with low to moderate complexity and risk in Commercial Real Estate Portfolio Management functional area. You will engage stakeholders and internal partners associated with the Commercial Real Estate Portfolio functional area, identify and recommend opportunities for process improvement and risk control development, and direct and control strategy and execution of the credit quality and performance of a more narrow scope of the commercial real estate assets. You will make decisions and resolve issues regarding resources, objectives, and operations of Commercial Real Estate Portfolio Management functional area and team to meet business objectives. You will interpret and develop policies and procedures for functions with low to moderate complexity within scope of responsibility. You will collaborate and consult with peers, colleagues, and multiple level managers, as well as interact directly with external customers. You will manage allocation of people and financial resources for Commercial Real Estate Portfolio Management and mentor and guide talent development of direct reports and assist in hiring talent.

Requirements

5+ 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
2+ years of leadership experience

Nice To Haves

5+ years of multifamily mortgage experience, preferably in agency servicing (FHA, Fannie Mae, or Freddie Mac)
Experience leading a team of Asset Managers, providing guidance, training, and support
Advanced experience in permanent loan asset management, with responsibility across the full lifecycle post-construction (long-term, 30+ year horizon)
Proven track record managing complex real estate or CRE loan portfolios, with direct ownership and accountability
Deep expertise in HUD programs, including: HUD, 221(d)(4), 223(f) and 232 structures, Consent processing, Transfer of Physical Assets (TPA), and Physical Capital Needs Assessments (PCNA)
Ability to search, compile, and perform analysis on critical operational data
Ability to work independently and develop strategic recommendations to resolve novel issues and concepts encountered in loan portfolio
Excellent organizational skills and the ability to multitask while prioritizing workflow to meet production deadlines

Responsibilities

Manage and develop a team of individual contributors with low to moderate complexity and risk in Commercial Real Estate Portfolio Management functional area
Engage stakeholders and internal partners associated with the Commercial Real Estate Portfolio functional area
Identify and recommend opportunities for process improvement and risk control development
Direct and control strategy and execution of the credit quality and performance of a more narrow scope of the commercial real estate assets
Make decisions and resolve issues regarding resources, objectives, and operations of Commercial Real Estate Portfolio Management functional area and team to meet business objectives
Interpret and develop policies and procedures for functions with low to moderate complexity within scope of responsibility
Collaborate and consult with peers, colleagues, and multiple level managers, as well as interact directly with external customers
Manage allocation of people and financial resources for Commercial Real Estate Portfolio Management
Mentor and guide talent development of direct reports and assist in hiring talent