Lead Community Development Financial Institution Portfolio Manager, Wells Fargo

Wells Fargo

Location:
United States, MINNEAPOLIS ▼
CHARLOTTE
NEW YORK
SAN FRANCISCO
WASHINGTON

Category:
Finance

Contract Type:
Employment contract

Salary:

120400.00 - 287600.00 USD / Year

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Job Description:

Wells Fargo is seeking a Lead Community Development Financial Institution Portfolio Manager (technical job title: Lead Commercial Real Estate Portfolio Manager) to help manage a large, national portfolio of loans to Community Development Financial Institutions (CDFIs) and related entities, and to manage a group of assigned relationships and related loans. This portfolio contains loans and lines of credit with diversified terms and structures.

Job Responsibility:

In support of senior management and coverage bankers, be responsible for portfolio-wide tracking and reporting for a portfolio of CDFI loans within Community Lending & Investment (CLI), the group that houses our primary balance sheet lending platform for community development loans (which also includes our lending for affordable housing, community facilities, etc.)
Analyze and underwrite new loan opportunities within the assigned portfolio, utilizing client data, market knowledge, internal loan information, and third-party market research
Review and make recommendations for approval (or denial) of extensions and modifications
Collaborate with senior management and coverage bankers to develop strategies around relationship optimization and deal level execution
Interface with customers to assist in solving day-to-day account issues, identifying needs and maintaining strong relationships
Present and advocate to credit committee for approval of loans, modifications, and extensions
Work with outside counsel, internal compliance, and our loan closing teams to close modifications and new loans
Review and approve draws on lines of credit
Conduct quarterly and annual portfolio reviews to identify potential concerns
Maintain an in-depth knowledge of the CDFI industry

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
Demonstrated interest in leading portfolio management activities
Strong organizational skills and attention to detail
Experience in the Community Development Financial Institutions (CDFI) industry
Ability to develop and maintain strong internal and external relationships while actively participating in the successful execution of complex transactions
Familiarity with various loan structures
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

Nice to have:

Demonstrated interest in leading portfolio management activities
Strong organizational skills and attention to detail
Experience in the Community Development Financial Institutions (CDFI) industry
Ability to develop and maintain strong internal and external relationships while actively participating in the successful execution of complex transactions
Familiarity with various loan structures
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

What we offer:

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

Additional Information:

Job Posted:
April 29, 2025

Expiration:
May 15, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Lead Community Development Financial Institution Portfolio Manager