Wells Fargo is seeking a Commercial Mortgage Loan Administration Specialist in Commercial Real Estate and Syndicated Lending Operations as a part of Commercial Banking Operations Division.
Learn more about our career areas and lines of business at wellsfargojobs.com
In this role, you will:
Participate in less complex initiatives and identify opportunity for process improvements for timely processing of all incoming business lending within Transaction and Processing
Review and analyze basic business, operational, or technical assignments or challenges that require research, evaluation, and selection of alternatives, and exercise independent judgment to guide medium risk deliverables
Perform site inspections for loans within their portfolio
Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the function, policies, procedures and compliance requirements for loan approval documents
Collaborate and consult with functional colleagues, internal partners and stakeholders, including internal and external customers if applicable
Work with both origination and central analysts in the preparation of loan approval documents
Required Qualifications:
2+ years of Transactions and Processing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Operations experience with the Commercial real estate product
Residential and commercial appraisal experience
Sound analytical skills and the ability to interpret and research loan origination, legal, or real estate documents
Knowledge and understanding of builder, construction, or renovations lending
Knowledge and understanding of the Flood Disaster Protection Act (FDPA)
Commercial loan documentation, preparation or review experience
Ability to navigate multiple computer systems, applications and utilize search tools to find information
Loan IQ skills
Ability to work effectively in a fast-paced collaborative environment, while managing competing priorities.
Intermediate Microsoft Office (Word, Excel, and Outlook) skills
Advanced verbal and written communication skills
Job Expectations:
Candidates must be willing to work additional hours as needed.
Candidates must be willing to work the hours of 8-5 and commit to three days in office at one of the posted locations below.
Commercial Real Estate Operations Construction Loan Processor and Disbursement administration
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates. $55,300.00 - $98,300.00 Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
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
Posting End Date: 27 Oct 2024 * Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees 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.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.