Hybrid Vice President, Lead Commercial Real Estate Portfolio Manager

Posted 2 hours ago

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About the role

  • Vice President managing a diversified portfolio of digital real estate loans at Wells Fargo. Underwriting and managing client relationships while focusing on data center investments.

Responsibilities

  • Be responsible for the management of an assigned portfolio of digital real estate loans and investments within Digital Real Estate, a fast paced, high demand / growth team primarily focused on the data center vertical
  • Analyze, underwrite and present new opportunities to business leaders and credit officers
  • Review and negotiate term sheets and loan documents with clients, co-lenders and internal / external counsel
  • Collaborate with senior portfolio managers and coverage bankers to develop strategies around relationship optimization and deal level execution
  • Interface with customers to assist in identifying needs and maintaining strong relationships
  • Review and make recommendations for approval (or denial) of loan requests, lease approvals, collateral releases, requests for letters of credit, funding of reserves/loan holdbacks, loan extensions and loan modifications
  • Maintain an in-depth knowledge of the data center industry, relevant markets and sector trends
  • Present recommendations for resolving more complex situations and exercising independent judgment while developing expertise in the function, policies, procedures, and compliance requirements
  • Perform both sponsorship and loan level financial analysis
  • Complete in-depth property level analysis and market research, including review of third-party reports
  • Present and advocate to credit committee for approval of loans
  • Conduct quarterly and annual portfolio reviews to identify potential concerns
  • Conduct property tours / site visits

Requirements

  • 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
  • Familiarity with various facility types including construction, term, bridge, perm, lines of credit, etc. and loan structures including recourse/non-recourse, secured/unsecured, and mezzanine financing
  • Experience underwriting large, strategic, complex digital real estate loans
  • Ability to develop and maintain strong relationships while actively participating in the successful execution of complex transactions
  • Experience evaluating market conditions and identifying appropriate comparable properties
  • Ability to apply sound judgment in the application of analytical conclusions to credit approval, structure, and management recommendations
  • Strong verbal, written, and interpersonal communication skills; strong analytical skills with high attention to detail and accuracy
  • Ability to interact with all levels of an organization
  • Advanced Microsoft Excel skills, including formulas and dynamic spreadsheets to support core accounting and finance functions
  • A BS/BA degree or higher.

Benefits

  • 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

Job title

Vice President, Lead Commercial Real Estate Portfolio Manager

Job type

Experience level

Senior

Salary

$119,000 - $224,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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