Vice President, Lead Commercial Real Estate Portfolio Manager
Wells Fargo · Dallas, TX · 1 mo ago
ManagementFull-time
About the Role
Wells Fargo is seeking a Lead Commercial Real Estate Portfolio Manager / Underwriter to assist in managing a group of assigned relationships and commercial real estate loans. The portfolio is diversified by product type (office, multifamily, industrial, retail, mixed‑use, land), facility type (construction, term, bridge, perm, lines of credit, etc.) and loan structure (recourse/non‑recourse; secured vs. unsecured; mezzanine financing).
Responsibilities
- Lead complex, company‑wide initiatives and large‑scale planning for Commercial Real Estate Portfolio Management.
- Review and research complex, multifaceted, long‑term business challenges, evaluating multiple factors including intangibles.
- Make decisions in complex situations, ensuring compliance with policies and procedures, and guide work teams to meet deliverables.
- Collaborate with peers, mid‑level and senior managers to resolve issues and achieve goals; mentor peers.
- 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 data, 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 modifications.
- Work 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 sponsorship and loan‑level financial analysis; complete in‑depth property‑level analysis and market research.
- Present and advocate loan proposals to credit committees.
- Coordinate 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.
- Perform property tours and site visits.
- Maintain in‑depth knowledge of the local commercial real estate market.
- Present recommendations for 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.
- Subject to FINRA background screening and ongoing regulatory obligations.
Posting end date: 23 Sep 2026. This posting may be removed early due to volume of applicants.