Job ID 5430911
Schedule Type Reg-Time
Work Hours 40
Location Tampa, Florida;
At Wells Fargo, we have one goal: to satisfy our customers’ financial needs and help them achieve their dreams. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Wholesale Banking provides financial solutions to businesses across the United States and globally. Our 9 major business lines include Business Banking, Middle Market Banking, Government and Institutional Banking, Corporate Banking, Commercial Real Estate, Financial Institutions Group, Wells Fargo Commercial Capital, Wells Fargo Securities, and the Investment Portfolio. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.
Wholesale Commercial Real Estate (WCRE) operates throughout the United States, as well as Canada and the United Kingdom, to deliver a comprehensive platform of financing and banking products for experienced commercial real estate companies including balance sheet lending, CMBS origination and distribution, loan servicing, agency financing for multifamily properties, and debt and equity capital for affordable housing.
The Commercial Real Estate Relationship Manager 3 (“RM3”) position will be directly responsible for a group of assigned relationships and real estate loans.
The responsibilities for this position include but are not limited to:
- Relationship and loan level financial analysis
- Ordering and reviewing appraisals/environmental reports
- Reviewing and making recommendations for approval (or denial) of loan requests, lease approvals, collateral releases, requests for letters of credit, changes in property managers, funding of reserves/loan holdback, loan extensions and loan modifications.
- Reviewing and approving construction loan draws
- Completing in-depth property level analysis and market research
- Working with the various Wells Fargo systems for loan approvals and monitoring
- Working with outside counsel, internal compliance, Loan Administration, among others to close modifications and new loans
- Meeting with customers to maintain strong customer relationships
- Conducting property tours
- General knowledge of Wells Fargo products to refer customers to cross sell partners if appropriate
- Learning and maintaining in depth knowledge of the local commercial real estate market
Team members 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 and if 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
- 5+ years of relationship management experience, commercial real estate experience, or a combination of both
Desired Qualifications
- Experience developing and maintaining client relationships
- Experience generating revenue and actively participating in the successful completion of complex transactions
- 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
Other Desired Qualifications
- 5+ years of commercial real estate experience
- Experience in and knowledge of the Florida real estate market
- Prior leadership experience
- Experience underwriting a wide range of commercial mortgage asset classes
Street Address
FL-Tampa: 401 E Jackson St – Tampa, FL
Disclaimer
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
WHOLESALE BANKING
0003912WHOLESALE BANKING