Senior Commercial Real Estate Portfolio Manager
3 weeks ago
About this role:
Wells Fargo is seeking a highly skilled Senior Commercial Real Estate Portfolio Representative to join our team. In this role, you will be responsible for evaluating the financial performance of borrowers and guarantors, analyzing historical cash flows, and reviewing loan documents to determine the overall performance of the property.
Key Responsibilities:
- Evaluate moderately complex financial performance of borrower and guarantor based on a variety of factors and determining an appropriate risk rating.
- Analyze historical cash flows and develop proforma based on historical performance of the property and relevant market data.
- Evaluate existing leases within the property to determine possible impact on cash flows.
- Review loan documents and summarize salient facts of the loan and ongoing covenants.
- Perform market research of real estate using various third-party applications and compare performance of subject property against market data.
- Review third-party documents, such as appraisal, site inspection report, property condition assessment report to infer overall performance of the property.
- Document and synthesize all findings based on above-mentioned reviews.
- Quality check work performed by junior team members and provide appropriate feedback.
- Understand the feedback received from the onshore team members and disseminate the same to the team.
- Provide training to the team members and educate them on different scenarios.
Requirements:
- 4+ years of commercial real estate industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
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