Associate, Commercial Real Estate Portfolio Manager

About This Role

Wells Fargo is seeking an Associate, Commercial Real Estate Portfolio Manager for the GSE Select Client team. This role manages an assigned portfolio of Fannie Mae and Freddie Mac multifamily loans, monitoring performance from initial funding through payoff or transfer to special servicing while following investor guidelines, servicing requirements, and internal policies.

Key Responsibilities

• Manage the day-to-day asset management of an assigned portfolio of Fannie Mae and Freddie Mac multifamily loans, maintaining a thorough understanding of borrower, property, market, financial, occupancy, and loan-level performance.
• Serve as a primary contact for borrowers and property management agents, providing responsive service, completing loan-level due diligence, and addressing matters in accordance with investor requirements and delegated authority.
• Monitor, analyze, and report on property operating performance, risk ratings, watchlist status, physical condition, market trends, and emerging risks; recommend follow-up actions and escalate higher-risk or nonstandard matters as appropriate.
• Review property inspections, loan documents, third-party reports, servicing requirements, and borrower requests, including lender consents and structured transactions with substitution or release provisions.

Requirements & Tech Stack

• 2+ 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 multifamily or commercial real estate experience, including experience in asset management, underwriting, servicing, portfolio management, or a related function; experience with Fannie Mae and/or Freddie Mac multifamily loans.
• Demonstrated experience analyzing income-producing real estate, credit risk, property operating performance, occupancy, risk ratings, watchlist status, and underwriting fundamentals.
• Experience reviewing commercial real estate loan documents, servicing agreements, borrower requests, and third-party reports such as appraisals, physical needs assessments, property condition reports, and environmental reports.
• Experience completing or evaluating property inspections and assessing property condition, on-site management, local market conditions, and required follow-up actions.
• Demonstrated experience of interpreting structured loan transactions and securitization documentation, including pooling and servicing agreements and credit facilities with substitution or release provisions.
• Experience using Fannie Mae and/or Freddie Mac multifamily asset management technology tools.
• Strong analytical, organizational, prioritization, and problem-solving skills, with attention to detail and the ability to manage competing deadlines in a dynamic environment.
• Effective written, verbal, interpersonal, and customer service communication skills, with the ability to work independently and collaboratively, identify customer needs, and recommend practical solutions.

Qualifications

• Bachelor's degree in business, finance, accounting, real estate, or related field.

Job Expectations

• Ability to travel as needed.
• Willingness to work on-site in accordance with current office requirements.
• Ability to work additional hours as needed.
• This position is not eligible for VISA sponsorship.
• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired.

Reference Number R-583763

Job posting may come down early due to volume of applicants.