Vice President, Lead Commercial Real Estate Portfolio Manager

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions to corporate, government and institutional clients. Commercial Real Estate (CRE) provides a fully integrated platform of banking, financing, and capital markets solutions to commercial real estate clients, including financial sponsors, institutional investors, asset managers, regional developers, and public and private corporations.

About the role

Wells Fargo is seeking a Lead Commercial Real Estate Portfolio Manager / Underwriter to manage a diversified group of commercial real estate loans and relationships. The portfolio spans multiple product types (office, multifamily, industrial, retail, mixed‑use, land), facility types (construction, term, bridge, perm, lines of credit, etc.) and loan structures (recourse/non‑recourse, secured/unsecured, mezzanine financing).

Responsibilities

• Lead complex, company‑wide initiatives with broad impact.
• Act as a key participant in large‑scale planning for the Commercial Real Estate Portfolio Management functional area.
• Review and research complex, multifaceted, long‑term business challenges, evaluating both tangible and intangible factors.
• Make decisions in complex situations, applying deep knowledge of function, policies, procedures, and compliance requirements.
• Collaborate and consult with peers, mid‑level, and senior managers to resolve issues and achieve goals.
• Lead projects or teams and serve as a peer mentor.
• Manage a portfolio of commercial real estate loans and investments within Real Estate Banking.
• Analyze and underwrite new loan opportunities using market research, internal loan data, client information, and third‑party research.
• Review and recommend approval or denial of loan requests, lease approvals, collateral releases, letters of credit, funding of reserves/loan holdbacks, loan extensions, and loan modifications.
• Collaborate with senior portfolio managers and coverage bankers to develop relationship‑optimization and deal‑execution strategies.
• Interface with customers to identify needs and maintain strong relationships.
• Perform both sponsorship and loan‑level financial analysis.
• Complete in‑depth property‑level analysis and market research.
• Present and advocate loan proposals to the credit committee.
• Work with outside counsel, internal compliance, and loan closing teams to close modifications and new loans, reviewing third‑party reports and documentation.
• Review and approve construction loan draws.
• Conduct quarterly and annual portfolio reviews to identify potential concerns.
• Conduct property tours and site visits.
• Maintain an in‑depth knowledge of the local commercial real estate market.
• Present recommendations for resolving complex situations and exercise independent judgment.
• Identify opportunities for process improvements within the functional area.

Required Qualifications

• 5+ years of Commercial Real Estate Portfolio Management experience, or equivalent demonstrated through work experience, training, military experience, or education.
• BS/BA degree or higher.

Desired Qualifications

• Ability to develop and maintain strong relationships while executing complex transactions.
• Familiarity with commercial property types including multifamily, retail, industrial, office, hospitality, etc.
• Familiarity with various facility types (construction, term, bridge, perm, lines of credit) and loan structures (recourse/non‑recourse, secured/unsecured, mezzanine financing).
• Experience evaluating market conditions and identifying appropriate comparable properties.
• Ability to apply sound judgment in credit approval, structure, and management recommendations.
• Strong verbal, written, and interpersonal communication skills.
• Ability to interact with all levels of an organization.
• Intermediate Microsoft Office skills, including advanced accounting and finance functions in Excel.

Job Expectations

• Willingness to work on‑site in accordance with current office requirements.
• Ability to work additional hours as needed.
• Visa sponsorship is not available.

This position is subject to FINRA background screening requirements. Candidates must successfully complete a background check prior to hire and comply with ongoing regulatory obligations, including periodic screening and mandatory reporting of certain incidents.