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.
About this role:
Wells Fargo is seeking a Principal Commercial Real Estate Origination Specialist who will be responsible for working with the larger bank clients and on larger and more complex transactions.
In this role, you will:
In this role, you will:
Interface with leaders and key personnel from Multifamily Capital (MFC), Government Sponsored Enterprises (GSEs) and MFC/Commercial Real Estate (CRE) clients
Manage deals from initial screening to closing of the loan
Work with our Commercial Mortgage Servicing (CMS) group to assure servicing requests are met on a timely and in a satisfactory manor for the clients
Play a lead role in overseeing the client relationships
Work with other groups within WF that cover same clients to ensure that all groups are coordinated
Work with Lender Counsel to manage and resolve legal issues
Maintain knowledge of current on Government Sponsored Enterprise (GSE) policies with respect to underwriting, loan documentation and pricing and communicate these updates with clients
Work on special production initiatives with the objective of driving revenue for the group
Keep senior team members abreast of important issues relating to loan opportunities and client relationships
Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
Interact with internal and external stakeholders
Assist in the development of more junior staff
Required Qualifications:
10+ years of Commercial Real Estate Origination experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
10 + years of Affordable housing experience
7+ years of experience underwriting commercial real estate credit transactions
Familiarity with the multifamily property types, including conventional multifamily, affordable, student housing, seniors housing, and manufactured housing
Knowledge and understanding of bank, Government Sponsored Enterprise (GSE), life company and Commercial Mortgage Backed Securities (CMBS) lending programs and credit policies
Knowledge and understanding of one or more government agency commercial mortgage specialty products
Ability to read and understand complex commercial real estate loan documentation
Ability to develop and maintain knowledge and understanding of loan products and provide market intelligence to maintain competitive edge
Ability to generate revenue and actively participate in the successful completion of complex transactions
Excellent verbal, written, and interpersonal communication skills
Ability to interact with all levels of an organization
Ability to work independently with sound judgment in the application of analytical conclusions to credit approval, structure, and management recommendations
Experience developing and cultivating professional relationships
Intermediate Microsoft Office skills
A BS/BA degree or higher
A Master's degree or higher
Job Expectations:
Ability to travel up to 10% of the time
Ability to work outside of regular business hours
Willing to work in the posted locations
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. $173,300.00 - $359,900.00 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: 3 Apr 2025 * 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.