Vice President - Commercial Real Estate Relationship Manager 3 (MFC - Balance Sheet)

Wells Fargo
Bethesda, MD
Sep 19, 2021
Sep 21, 2021
Full Time
**Job Description**Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application.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.Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.Commercial Real Estate (CRE) 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.Multifamily Capital (MFC) specializes in providing permanent financing for multifamily properties and healthcare facilities using the programs of the Federal Housing Administration (FHA), Fannie Mae/Freddie Mac (GSE), and our balance sheet, including a direct purchase tax exempt housing bond program. Our veteran bankers are experienced with the various loan programs offered, and as one of the top multifamily loan servicers we remain committed to providing superior customer service before, during, and after loan closing.The Relationship Manager 3 within Multifamily Capital will be responsible for handling all aspects of larger and more complex transactions and will assist in negotiations of pricing and structuring of financings focusing on smaller and larger Multifamily clients.Responsibilities for this position include, but are not limited to:+ Preparing loan proposals for senior staff+ Structuring and executing transactions for senior staff+ Working with a senior team member in structuring loans and preparing recommendations for the most critical/complex relationships+ Performing financial analysis, research, underwriting, and due diligence related to Commercial Mortgage transactions+ Developing and maintainsing knowledge of loan products, and provideing market intelligence to maintain competitive edge+ Working independently to provide written analysis on risk and mitigate prospective transactions, as well as communicate written conclusions+ Keeping senior team members abreast of important issues relating to loan portfolio+ Appropriately initiating loan grades and maintaining appropriate loan grading during the term of the credit+ Coordinating critical path items such as appraisal engagement, costing and engineering reviews, environmental reviews, and credit investigations on new transactions+ Completing and updating financial reviews for borrowers and guarantors at the time of new credit request and as needed for ongoing relationships+ Conducting initial review of new lending opportunities and preparing term sheets and letters of interest+ Underwriting credit requests and completing approval documents and other supporting documentation for new loan requests, extensions, and modifications+ Assisting in the development of junior relationship managersEmployees 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**+ 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+ 5+ years of commercial real estate experience+ A BS/BA degree or higher**Other Desired Qualifications**+ 5+ years of experience underwriting commercial real estate transactions+ Balance sheet lending experience+ Ability to read and understand complex commercial real estate loan documentation**Job Expectations**+ Ability to travel up to 10% of the time+ Ability to work outside of regular business hours**Street Address NY-New York:** 30 Hudson Yards - New York, NY**VA-McLean:** 1751 Pinnacle Dr - Mclean, VA**MD-Bethesda:** 3 Bethesda Metro Center - Bethesda, MD**IL-Chicago:** 10 S Wacker Drive - Chicago, IL**DC-Washington:** 1800 K St Nw - Washington, DC**TX-DAL-Downtown Dallas:** 1445 Ross Ave - Dallas, TX**NC-Charlotte:** 301 S College St - Charlotte, NC**GA-Atlanta:** 171 17th St Nw - Atlanta, GA**TX-HOU-Downtown:** 1000 Louisiana St - Houston, TX**Disclaimer**All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.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.**Benefits Summary Benefits**Visit for benefits information.**Company:** Wells Fargo**Req Number:** 5597128-3**Updated:** 2021-09-14 23:02:42.793 UTC**Location:** Bethesda,MD