Lead Credit Portfolio Consultant

Wells Fargo•Minneapolis, MN

2d•$119,000 - $206,000•Onsite

About The Position

Wells Fargo is seeking a Lead Credit Portfolio Consultant within the Business Banking and SBA Construction Portfolio Services Division. The role manages credit and construction risk over the life cycle of commercial real estate construction projects, from underwriting and pre-closing due diligence through construction, funding, and project completion. The division evaluates construction risk and project feasibility, reviews project plans, budgets, permits, and other due diligence, coordinates loan closings with attention to credit and collateral quality, and provides construction loan expertise to business partners. It also monitors construction progress and draw requests, identifies and addresses risks, ensures compliance with credit policies, and provides guidance and training. The team works with Relationship Managers, Senior Lead Commercial Banking Portfolio Managers, Independent Risk Management, and other Wells Fargo colleagues to identify, evaluate, and mitigate risks involving real estate collateral. The consultant assesses construction and credit risk, analyzes due diligence and project documentation, supports loan closings, monitors post-closing activity and funding, and escalates emerging risks. The role makes recommendations in complex situations, resolves credit issues, provides technical guidance, and collaborates with business partners. It also leads or participates in moderately complex consulting services, planning, projects, and team deliverables; evaluates emerging credit risks for conformity with risk appetite and policy; and mentors less experienced staff.

Requirements

5+ years of Credit Portfolio Consulting experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination.
Strong analytical and problem-solving skills, including the ability to independently evaluate complex information and identify appropriate next steps.
Strong organizational skills and ability to manage multiple projects, transactions, or workstreams simultaneously.
Excellent written and verbal communication skills and ability to interact effectively with business partners, peers, and management.
Ability to work effectively in a matrixed environment and build partnerships across multiple functions.
Advanced proficiency with Microsoft Excel.

Nice To Haves

4+ years of commercial real estate experience, including construction lending, underwriting, portfolio management, or construction loan administration.
Experience evaluating construction risk and project feasibility, including factors that may affect a project's ability to reach completion.
Knowledge of commercial real estate construction due diligence and permitting requirements.
Experience reviewing construction budgets, project documentation, and other information used to assess and monitor construction risk.
Experience with commercial real estate construction loan closings, draw administration, project funding, and post-closing construction monitoring.
Knowledge of commercial real estate credit risk and credit policy, including identifying, evaluating, and escalating potential risks.
Experience working with Relationship Managers, underwriters, Portfolio Managers, credit partners, risk partners, or other commercial lending stakeholders.
Experience with Microsoft Access and SharePoint.

Responsibilities

Assess construction and credit risk throughout underwriting, closing, construction, funding, and project completion.
Review and analyze commercial real estate construction due diligence and project documentation, including budgets and permitting, to evaluate feasibility and identify risks.
Support commercial real estate construction loan closings with a focus on credit and collateral quality.
Monitor post-closing construction activity, including project progress, draw requests, and funding.
Identify and evaluate emerging construction, credit, or collateral risks and escalate issues as appropriate.
Ensure construction projects and related lending activities comply with applicable credit policies and loan requirements.
Make recommendations in complex situations requiring sound judgment and understanding of commercial real estate construction and credit risk.
Collaborate with Relationship Managers, Portfolio Managers, Independent Risk Management, and other business partners to resolve construction and credit issues.
Serve as a technical resource and provide guidance on commercial real estate construction lending matters.
Participate in projects and initiatives supporting the broader credit and portfolio organization.
Lead or participate in moderately complex credit and portfolio consulting services.
Guide large-scale planning related to credit performance, emerging risks, and credit and portfolio strategies.
Review and analyze emerging credit risks in depth to ensure conformity with risk appetite, culture, and credit policies.
Resolve moderately complex credit issues and lead a team in meeting deliverables.
Collaborate with peers, colleagues, and mid-level managers to resolve credit portfolio issues and achieve goals.
Lead projects or teams and mentor less experienced staff.