Vice President, Lead Commercial Real Estate Portfolio Manager

Wells Fargo•Charlotte, NC

3d•Hybrid

About The Position

Wells Fargo is seeking a Vice President, Lead Commercial Real Estate Portfolio Manager responsible for underwriting, structuring, closing and managing a group of assigned digital real estate loans in partnership with Clients, CRE Coverage Bankers, Loan Closers, Counsel and Credit Risk. This portfolio will be diversified by facility type (construction, term, devco, bridge, lines of credit, etc.) and loan structure (recourse/non-recourse) and will contain bilateral and syndicated transactions. In this role, you will: Be responsible for the management of an assigned portfolio of digital real estate loans and investments within Digital Real Estate, a fast paced, high demand / growth team primarily focused on the data center vertical Analyze, underwrite and present new opportunities to business leaders and credit officers Review and negotiate term sheets and loan documents with clients, co-lenders and internal / external counsel Collaborate with senior portfolio managers and coverage bankers to develop strategies around relationship optimization and deal level execution Interface with customers to assist in identifying needs and maintaining strong relationships Review and make recommendations for approval (or denial) of loan requests, lease approvals, collateral releases, requests for letters of credit, funding of reserves/loan holdbacks, loan extensions and loan modifications Maintain an in-depth knowledge of the data center industry, relevant markets and sector trends Present recommendations for resolving more complex situations and exercising independent judgment while developing expertise in the function, policies, procedures, and compliance requirements Perform both sponsorship and loan level financial analysis Complete in-depth property level analysis and market research, including review of third-party reports Present and advocate to credit committee for approval of loans Conduct quarterly and annual portfolio reviews to identify potential concerns Conduct property tours / site visits

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
A BS/BA degree or higher

Nice To Haves

Familiarity with various facility types including construction, term, bridge, perm, lines of credit, etc. and loan structures including recourse/non-recourse, secured/unsecured, and mezzanine financing
Experience underwriting large, strategic, complex digital real estate loans
Ability to develop and maintain strong relationships while actively participating in the successful execution of complex transactions
Experience evaluating market conditions and identifying appropriate comparable properties
Ability to apply sound judgment in the application of analytical conclusions to credit approval, structure, and management recommendations
Strong verbal, written, and interpersonal communication skills; strong analytical skills with high attention to detail and accuracy
Ability to interact with all levels of an organization
Advanced Microsoft Excel skills, including formulas and dynamic spreadsheets to support core accounting and finance functions

Responsibilities

Be responsible for the management of an assigned portfolio of digital real estate loans and investments within Digital Real Estate, a fast paced, high demand / growth team primarily focused on the data center vertical
Analyze, underwrite and present new opportunities to business leaders and credit officers
Review and negotiate term sheets and loan documents with clients, co-lenders and internal / external counsel
Collaborate with senior portfolio managers and coverage bankers to develop strategies around relationship optimization and deal level execution
Interface with customers to assist in identifying needs and maintaining strong relationships
Review and make recommendations for approval (or denial) of loan requests, lease approvals, collateral releases, requests for letters of credit, funding of reserves/loan holdbacks, loan extensions and loan modifications
Maintain an in-depth knowledge of the data center industry, relevant markets and sector trends
Present recommendations for resolving more complex situations and exercising independent judgment while developing expertise in the function, policies, procedures, and compliance requirements
Perform both sponsorship and loan level financial analysis
Complete in-depth property level analysis and market research, including review of third-party reports
Present and advocate to credit committee for approval of loans
Conduct quarterly and annual portfolio reviews to identify potential concerns
Conduct property tours / site visits