Commercial Real Estate Portfolio Lead Specialist
15 hours ago
We are seeking an experienced Commercial Real Estate Portfolio Lead Specialist to join our team at Wells Fargo Bank. This is a challenging and rewarding role that requires strong analytical and problem-solving skills.
Key Responsibilities:- Evaluate complex financial performance of borrower and guarantor, determining an appropriate risk rating based on various factors and financial statements.
- Analyze historical cash flows and develop proformas using market data to assess property performance.
- Review existing leases for potential impact on cash flows and identify pertinent clauses such as termination options and go dark provisions.
- Summarize loan documents and ongoing covenants to be maintained by borrowers, including financial and non-financial obligations.
- Perform market research using third-party applications to compare subject property performance against market data.
- Review third-party documents, such as appraisals and site inspection reports, to infer overall property performance and identify significant factors impacting assets.
- Document and synthesize findings from above reviews.
- Quality-check work performed by junior team members and provide feedback.
- Communicate with Asset Managers to deliver desired output.
- Develop and maintain expertise in commercial real estate analysis and train junior team members.
- 6+ years of commercial real estate industry experience or equivalent demonstrated through work experience, training, military experience, or education.
We value diversity, equity, and inclusion in the workplace. We welcome applications from all qualified candidates regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, or any other protected characteristic.
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Commercial Real Estate Portfolio Associate
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