Associate, Commercial Real Estate Portfolio Manager

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

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 and asset managers, regional developers, and public and private corporations.

About this role:

Wells Fargo is seeking a Commercial Real Estate Asset Manager responsible for monitoring the performance of a portfolio of Fannie Mae and World Savings multifamily loans throughout the loan lifecycle, from initial funding through debt satisfaction or transfer to special servicing, in accordance with investor guidelines.

In this role, you will:

• Serve as the primary relationship contact for borrowers and property management agents, delivering responsive customer service while providing first-line risk management and loan-level due diligence in compliance with investor requirements.

• Maintain a comprehensive understanding of each assigned loan, including borrower and key principal information, market conditions, property condition, financial performance, occupancy trends, loan document requirements, and applicable servicing agreements.

• Monitor, analyze, and report on property-level operating performance, risk ratings, watchlist status, physical inspection findings, on-site management effectiveness, local market conditions, and lender consent requests.

• Apply strong financial analysis, commercial real estate, property management, market, mortgage document, legal document, and credit risk analysis skills to support portfolio oversight and risk mitigation.

• Manage the daily workflow of the assigned portfolio, ensuring timely completion of deliverables and adherence to Fannie Mae, internal risk mitigation, credit, risk, control, and compliance requirements.

• Maintain current knowledge of Fannie Mae asset management requirements, including the Guide, lender memorandums, emails, and other investor communications, and apply those requirements consistently.

• Participate in the review, research, and reporting of property performance and support Fannie Mae team projects as needed.

• Exercise independent judgment to guide medium-risk deliverables, escalate issues appropriately, and recommend practical resolutions within established policies and procedures.

• Collaborate and consult with Commercial Real Estate Portfolio Management colleagues, internal partners, stakeholders, borrowers, property managers, and external customers.

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:

• 2+ years 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:

• Multifamily or Commercial real estate experience, preferably with exposure to Fannie Mae or Freddie Mac multifamily asset management, underwriting, or portfolio management.

• Working knowledge of income-producing real estate, credit analysis, multifamily property operations, and underwriting fundamentals.

• Familiarity with commercial real estate loan documents and third-party reports, including appraisals, physical needs assessments, and environmental reports.

• Exposure to commercial real estate securitization documents, pooling and servicing agreements, or related servicing documentation preferred.

• Exposure to Fannie Mae or Freddie Mac multifamily asset management technology tools preferred.

• Strong analytical, organizational, prioritization, multitasking, attention to detail, and accuracy skills.

• Excellent verbal, written, interpersonal, and customer service communication skills, including the ability to listen, identify customer needs, and recommend practical solutions.

• Ability to work independently and collaboratively, manage competing priorities, meet deadlines, and perform effectively in a dynamic environment.

• Bachelor’s degree in business, finance, accounting, real estate, or a related field.

Job Expectations:

• Ability to travel as business needs require.

• Ability to work additional hours as business needs require.

• Visa sponsorship is not available

• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

* Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.