Associate, Commercial Real Estate Portfolio Manager

Wells Fargo

. Be responsible for underwriting, origination and the management of a portfolio of commercial real estate loans and investments within Real Estate Banking, our primary balance sheet lending CRE platform .

Posted 5/2/2026full-timeNew York City • Illinois, Massachusetts, New York • 🇺🇸 United StatesJuniorMid-Level💰 $125,000 - $150,000 per yearWebsite

About the role

Key responsibilities & impact

Be responsible for underwriting, origination and the management of a portfolio of commercial real estate loans and investments within Real Estate Banking, our primary balance sheet lending CRE platform
Analyze and underwrite new loan opportunities within the assigned portfolio, utilizing market research, internal loan information, client data, and third-party market research
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
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
Perform both sponsorship and loan level financial analysis
Complete in-depth property level analysis and market research
Present and advocate to credit committee for approval of loans
Work with outside counsel, internal compliance, and our loan closing teams to close modifications and new loans including review of third-party reports and loan documentation
Review and approve construction loan draws
Conduct quarterly and annual portfolio reviews to identify potential concerns
Conduct property tours / site visits
Maintain an in-depth knowledge of the local commercial real estate market
Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements
Identify opportunities for process improvements within scope of responsibilities or functional area

Requirements

What you’ll need

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
Experience underwriting various commercial property types including multifamily, retail, industrial, office, hospitality etc.
Ability to develop and maintain strong relationships while actively participating in the successful execution of complex transactions
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 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
Ability to interact with all levels of an organization
Intermediate Microsoft Office skills including some advanced accounting and finance functions in Microsoft Excel
A BS/BA degree or higher

Benefits

Comp & perks

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

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

underwritingportfolio managementfinancial analysismarket researchloan structuringcredit approvalconstruction loan drawsproperty level analysisprocess improvementadvanced accounting

Soft Skills

relationship managementcommunicationjudgmentcollaborationproblem-solvinginterpersonal skillsindependent judgmentstrategic thinkingnegotiationpresentation skills

Certifications

BS/BA degree