Commercial Real Estate Analyst

About this role:

Wells Fargo is seeking a Commercial Real Estate Portfolio Associate...

In this role, you will:

• Collaborate and consult with Commercial Real Estate Portfolio Management colleagues, internal partners, and stakeholders, including internal as well as external customers
  
• Review and analyze property level financial statements for various property types according to Commercial Real Estate Finance Council (CREF-C) standards
  
• Interact with borrowers/developers/general partners, investors and other internal and external stakeholders.
  
• Identify opportunities for process improvements within scope of responsibilities or functional area
  
• Review and research basic operational assignments that require evaluation and selection of alternatives
  
• Exercise independent judgment to guide medium risk deliverables
  
• Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements
  
• Portfolio surveillance responsibilities relate to the delivery of accurate and timely loan and property level information to the various deal stakeholders such as rating agencies, trustees, special servicers, and bondholders. Portfolio surveillance duties include:
  
• Identification of issues and preparation, presentation, and delivery of watchlist commentary and other action plans
  
• Reviewing, understanding and interpreting a wide array of loan/securitization level documents
  
• Must understand all aspects of the real estate transaction including the loan/investment structure, borrower/partnership/LLC structure, property management and market dynamics
  

Employees 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.

Required Qualifications:

• 6+ months of Commercial Real Estate Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  

Desired Qualifications:

• Strong analytical skills with high attention to detail and accuracy
  
• Strong organizational, multi-tasking, and prioritizing skills
  
• Excellent verbal, written, and interpersonal communication skills
  
• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
  
• Solid problem solving and decision-making skills
  
• BS/BA degree or higher in Finance, Accounting or related field
  
• Experience in reviewing and analyzing commercial real estate loan documents and deal documents
  
• Experience in CMBS and/or the servicing of commercial mortgages
  

Job Expectations:

• Ability to work additional hours as needed
  

Please note: Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees 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.

Candidates applying to job openings posted in US:All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.