Commercial Real Estate Program Analyst
Wells Fargo
About the Role
Wells Fargo Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. Commercial Real Estate (CRE) delivers a comprehensive platform of financing and banking products for experienced commercial real estate clients.
Wells Fargo is seeking a Commercial Real Estate Program Analyst in the REIT (Real Estate Investment Trust) Finance Group as part of the Commercial and Industrial Portfolio Management Team.
Key Responsibilities
- Assembling complex financial models that project potential financial performance of an asset and underwriting risks associated with market demand, supply, net effective rents, expenses, capitalization rates, and tenant quality.
- Researching specific real estate markets and assessing market data and trends affecting demand generators, risk presented by new supply, and comparable properties.
- Identifying credit issues early in the underwriting process and recommending ways to reduce exposure.
- Preparing borrower/guarantor financial reviews and writing memorandums focused on a borrower’s and guarantor’s adjusted net worth, leverage, liquidity, and other key risk factors, including cash flows and ability to service debt.
- Creating due diligence reports and tracking transaction and market data on an ongoing basis.
- Facilitating with counsel for the proper documentation of collateral assets.
- Contacting Wells Fargo coverage bankers and/or local brokers to obtain market information.
- Ensuring third-party reports (appraisals, property condition reports, and environmental reports) are reviewed and in compliance with CRE standards.
Requirements & Tech Stack
- 6+ months of Commercial Real Estate Relationship Management - Program experience, or equivalent demonstrated through one or a combination of: work experience, training, military experience, education.
- Advanced Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills.
Qualifications
- 1+ years of Commercial Real Estate Relationship Management - Program experience.
- Knowledge and understanding of financial markets.
- Strong analytical skills with high attention to detail and accuracy.
- Ability to be proactive, innovative, and creative in meeting customer and enterprise needs.
- Ability to initiate action, make difficult decisions, and generate creative solutions.
- Ability to interact with integrity and a high level of professionalism with all levels of team members and management.
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
- Ability to shift priorities as workflow/volume dictates.
- Ability to take on a high level of responsibility, initiative, and accountability.
- Ability to work effectively in a team environment.
- Good verbal, written, and interpersonal communication skills.
Job Expectations
- Willingness to work on-site in accordance with current office requirements.
- This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire.
- Specific compliance policies may apply regarding outside activities or personal investing.