Commercial Banking Portfolio Manager

About This Role

Wells Fargo is seeking a Commercial Banking Portfolio Manager within the Commercial Banking Group, covering the investment real estate segment for companies with portfolios ranging in size from $25 million to $2 billion.

Key Responsibilities

• Research complex credit investigations and diverse credit information for loans.
• Identify opportunities for process improvements within scope of responsibilities or functional area.
• Review and identify basic operational assignments that require research, evaluation, and selection of alternatives while exercising independent judgment to guide medium risk deliverables.
• Present recommendations for resolving complex situations and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements.
• Collaborate and consult with functional colleagues, internal partners, and stakeholders including internal as well as external customers.

Requirements & Tech Stack

• Commercial Banking Portfolio Management experience.
• Understanding of commercial real estate lending.
• Ability to evaluate credit risk across traditional and complex financing arrangements.
• Understanding of market dynamics, financial analysis, and risk management principles.
• Microsoft Office skills, including using Excel for financial analysis and projection modeling.

Qualifications

Required Qualifications:

• 2+ years of Commercial Banking Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• 2+ years of experience underwriting Investor Real Estate clients.
• Strong Investor Real Estate lending credit analysis skills with high attention to detail and accuracy.
• Experience with commercial, owner-occupied real estate lending including documentation, due diligence, and regulatory compliance processes.
• Credit underwriting experience including Commercial Middle Market/Mid-Corp credit or specialty group relationship portfolio credit.
• Strong analytical skills and the ability to spread, analyze, and perform in-depth commercial financial statement analysis.
• Strong risk management and compliance skills.
• Ability to understand and review loan documentation.
• Demonstrated experience showing attention to detail, self-motivation, and the ability to independently problem solve.
• Experience / ability working in a high-paced environment, with strong organizational, multi-tasking, and prioritizing skills.
• Excellent verbal, written, and interpersonal skills, with experience effectively working and communicating with internal partners both in person and remotely.

Job Expectations

• Ability to travel up to 10% of the time.
• This position does not support Visa Sponsorship.
• Ability to work a hybrid work schedule.
• Specific compliance policies may apply regarding outside activities or personal investing.

Locations

• 10 S Wacker Dr - Chicago, IL 60606
• 600 S 4th St - Minneapolis, MN 55415
• 1700 Lincoln St - Denver, CO 80203
• 21 Waterway Ave - The Woodlands, TX 77380
• 14241 Dallas Pkwy Ste 1300, Dallas, TX 75254
• 201 Main St - Fort Worth, TX 76102

Pay Range

$77,000.00 - $145,000.00

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement