Lead Commercial Real Estate Relationship Manager - SREF

Lead Commercial Real Estate Relationship Manager

Wells Fargo is seeking a Lead Commercial Real Estate Relationship Manager for the Specialty Real Estate Finance Group (SREF) as an Underwriter who is responsible for the assessment of collateral for commercial real estate loans originated in SREF. This will be primarily hotel loans, but at times may vary and include seniors housing, medical office, life sciences, manufactured housing, mixed-use, land, with a number of facilities that may include construction, term, bridge, perm, lines of credit, etc., and loan structures that include recourse / non-recourse, secured / unsecured and mezzanine financing.

In this role, you will :

• Complete thorough analysis of the underlying security or collateral associated with the commercial loan
• Utilize analysis tools such as Co-Star, Argus, NIC MAP, and other data platforms
• Review and use expert judgement to evaluate appraisal reports in accordance with all credit policies and guidelines to confirm that the property value is supported
• Complete comprehensive collateral reviews and desktop valuations in a timely manner to meet service level expectations
• Communicate / escalate issues to Credit Officers, Portfolio Managers, and Originators
• Prepare credit memos and other documentation required in the presentation to credit committee
• Remain informed and current on all WFB / CRE underwriting guidelines and policy updates
• Maintain solid understanding of risk assessment and current knowledge of the industries within SREF; keep up to date with changes in the various real estate sectors and financial industry that may affect underwriting assumptions
• Ensure a high level of customer service when meeting / speaking with clients
• Collaborate with the Coverage Bankers and Portfolio Management team on all loan activity from new loan origination, loan modifications and monitoring of problem loans
• Compile and develop reporting to senior management as needed
• Provide guidance and training to junior underwriters

Required Qualifications :

Desired Qualifications :

Work Locations :

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Pay Range : $119,000.00 - $224,000.00

Benefits : Wells Fargo provides eligible employees with a comprehensive set of benefits, including health benefits, 401(k) plan, paid time off, disability benefits, life insurance, critical illness insurance, accident insurance, parental leave, critical caregiving leave, discounts and savings, commuter benefits, tuition reimbursement, scholarships for dependent children, and adoption reimbursement.

We Value Equal Opportunity : Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Applicants with Disabilities : To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy : Wells Fargo maintains a drug free workplace.

Wells Fargo Recruitment and Hiring Requirements :

Req Number : R-504611