At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.About this role:Wells Fargo is seeking a Lead Commercial Real Estate Asset Manager to support our Balance Sheet Team in our Multifamily Capital (MFC) division. Learn more about our career areas and lines of business at wellsfargojobs.com.In this role, you will:
Lead complex initiatives including those that are companywide with broad impact
Act as key participant in large scale planning for Commercial Real Estate Portfolio Management functional area
Review and research complex, multifaceted, large scale, and long term business challenges that require in-depth evaluation of multiple factors including intangibles or unprecedented factors
Make decisions in complex and multifaceted situations requiring exceptional understanding of the function, policies, procedures, and compliance requirements that influence and lead broader work team to meet deliverables and drive new initiatives
Collaborate and consult with Commercial Real Estate Portfolio Management peers, colleagues, and mid level to more experienced managers to resolve issues and achieve goals
Lead projects, teams, or serve as a peer mentor
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, US:
5+ 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:
Advanced Microsoft Excel skills
Familiarity with highly structured loan transactions
Experience in asset managing commercial bank balance sheet loans, Fannie Mae, Freddie Mac or Commercial Mortgage Backed Securities (CMBS)
Communication skills that include experience presenting to varying levels of management
Ability to multi-task, achieve tight timeframes, and stay organized in fast-paced, complex environment while functioning both independently and as part of a team
Customer service focus with experience actively listening, eliciting information, comprehending customer issues/needs, and recommending solutions
Knowledge and understanding of credit and income producing real estate
Strong attention to detail and accuracy skills
Ability to read and understand complex commercial real estate loan or real estate investment documentation
A BS/BA degree or higher in business, finance, accounting, real estate or a related field
Job Expectations:
Ability to work additional hours as needed
Ability to travel as needed including overnight trips
Pay Range:
New York, New York: $138,500 - $287,600 USD Annually
Posting Locations:
550 South Tryon St, Charlotte, North Carolina 28202
500 West 33rd St, New York, New York 10001
Required locations listed above. Relocation assistance is not available for this position.This position is not eligible for Visa sponsorship.This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.Pay Range$120,400.00 - $287,600.00BenefitsWells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.
401(k) Plan
Paid Time Off
Parental Leave
Critical Caregiving Leave
Discounts and Savings
Health Benefits
Commuter Benefits
Tuition Reimbursement
Scholarships for dependent children
Adoption Reimbursement
Posting End Date:7 Mar 2024 Job posting may come down early due to volume of applicants.We Value DiversityAt 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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.Company: WELLS FARGO BANKReq Number: R-341121-1Updated: Wed Feb 28 00:00:00 UTC 2024Location: NEW YORK,New York
