Credit Portfolio Consultant 3 - Real Estate Advisory Division
About the Job
At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.
Commercial Banking delivers a comprehensive suite of products and industry expertise to serve the diverse financial needs of companies with annual sales typically ranging from $5 million to $2 billion. As a leader in serving commercial customers, Wells Fargo offers financial services including credit and treasury management solutions as well as specialized expertise across industries including Technology, Food, Beverage & Agribusiness, Investor Real Estate and Government.
This role is within Commercial Banking’s Real Estate Advisory/ Commercial Real Estate Services Division, which itself is within Commercial Banking’s Credit Portfolio Management group. The Real Estate Advisory Division/ Commercial Real Estate Services is specifically accountable for: Advising and consulting on all commercial real estate subject matter; The collection, review, analysis and assessment of commercial real estate due diligence; The coordination of the closing of commercial real estate loans with a focus on credit and collateral quality; Acting as an expert guidance partner in all commercial real estate construction loans (required in policy for several lines of business); The monitoring of commercial real estate construction draws and progress, and; Providing commercial real estate related advice & training to line of business partners. The team works directly with Relationship Managers, LTMs, loan Supervisors and other Wells Fargo team members to understand credit needs and represents the bank in developing and maintaining client relationships.
Individual responsibilities for this role include:
Order, collect, review, analyze and assess commercial real estate due diligence
Provide risk reviews of the commercial real estate properties that secure Wells Fargo commercial loans
Advise on the full breadth of commercial real estate subject matter
Coordinate the closing of commercial real estate loans with a focus on credit and collateral quality
Provide expert guidance on commercial real estate construction loans. Additionally, fully monitor commercial real estate construction draws and progress
Perform lease reviews and cash flow analyses alongside the appraisal assumptions of commercial real estate
Provide commercial real estate related advice and training to multiple lines of business
Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
Other Desired Qualifications
- 2+ years Commercial Real Estate experience
- Risk Management—ability to identify potential risks
- Ability to learn and solve problems independently
- Advanced proficiency in MS Excel, MS Access and Share-point
- Highly organized and proactive with an ability to manage multiple work streams
- Excellent communication skills; able to interact with business partners, peers and senior management
- Dedicated and self-driven
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.