Senior Credit Portfolio Consultant

Wells Fargo•Minneapolis, MN

2d•$87,000 - $154,000•Onsite

About The Position

Wells Fargo is seeking a Senior Credit Portfolio Consultant within the Business Banking and SBA Construction Portfolio Services Division. The role manages credit and construction risk throughout the life cycle of commercial real estate construction projects, from underwriting and pre-closing due diligence through construction, funding, and project completion. The position is onsite at one of the posted locations and does not offer visa sponsorship. The division evaluates construction risk and project feasibility, reviews due diligence and loan documentation, coordinates loan closings, monitors construction progress and draw requests, identifies risks, and ensures compliance with applicable credit policies. It also provides subject matter expertise, guidance, and training to business partners. 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 related to real estate collateral. The consultant leads or participates in moderately complex credit and portfolio consulting services, evaluates emerging risks, resolves credit issues, and makes recommendations requiring sound judgment. The role may lead teams, projects, or planning related to credit performance and portfolio strategies, and mentor less experienced staff.

Requirements

At least 4 years of Credit Portfolio Consulting experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these.
Ability to lead a team to meet deliverables, supported by a solid understanding of credit products, programs, or related policies.

Nice To Haves

At least 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.
Strong analytical and problem-solving skills, including the ability to independently evaluate complex information and identify appropriate next steps.
Strong organizational skills and the ability to manage multiple projects, transactions, or workstreams simultaneously.
Excellent written and verbal communication skills and the 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; experience with Microsoft Access and SharePoint.

Responsibilities

Assess construction and credit risk throughout the project life cycle, including underwriting, closing, construction, funding, and project completion.
Review commercial real estate construction due diligence and project documentation to evaluate feasibility and identify risks.
Evaluate construction budgets, permitting, and other information relevant to successful project completion.
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 projects and related lending activities comply with applicable credit policies and loan requirements.
Make recommendations in complex situations involving 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.
Participate in projects and initiatives supporting the broader credit and portfolio organization.
Lead or participate in moderately complex credit and portfolio consulting services and resolve moderately complex credit issues.
Mentor and guide planning related to credit performance, potential or emerging risks, and credit and portfolio strategies.
Lead a team to meet deliverables and collaborate with peers, colleagues, and mid-level managers to resolve credit portfolio issues.
Lead projects or teams, or mentor less experienced staff.