Commercial Mortgage Loan Administration Specialist

Commercial Mortgage Loan Administration Specialist

Wells Fargo is seeking a Commercial Mortgage Loan Administration Specialist in Commercial Real Estate Operations as part of the CIB Lending Operations division.

In this role, you will:

• Manage and service commercial construction loans including reviewing related documentation, maintaining budgets, communicating with parties on identified issues, approving transactions and disbursing
• 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
• Review 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:

• AFS Experience
• Commercial Real Estate experience
• Residential and commercial appraisal experience
• Ability to interpret and research loan origination, legal, or real estate documents
• Exposure to Wells Fargo banking systems such as LIQ, LAM, CCM and C360
• Knowledge and understanding of builder, construction, or renovations lending
• Knowledge and understanding of commercial real estate operations
• 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
• Ability to work effectively in a team environment and across all organizational levels; where flexibility, collaboration, and adaptability are important
• Ability to work in a fast-paced deadline driven environment
• Effective organizational, multi-tasking, and prioritizing skills
• Excellent verbal, written, and interpersonal communication skills
• Intermediate Microsoft Office (Word, Excel, and Outlook) skills
• Strong analytical skills with high attention to detail and accuracy

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.

$60,000.00 - $100,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below:

• 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

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 commensurate with the business unit's risk appetite and all risk and compliance program requirements.

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.