Home Builder Operations-Commercial Mortgage Loan Administration Specialist

About this role:

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.

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

• Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the function, policies, procedures and compliance requirements for collateral and loan documents

• Collaborate and consult with functional colleagues, internal partners, and stakeholders, including internal and external customers if applicable

• Prepare loan documentation, coordinate loan closings, and initiate loan disbursements

• Monitor the changing loan collateral pool for adherence to the Credit Agreement, bank policies, and regulatory requirements

• Confirm all files and procedures comply with government regulations and bank policies

• Conduct periodic audits on loan files

• May provide training and guidance to less experienced specialists

• Work with both customers and internal/external partners to coordinate the closing of mid-size to major commercial real estate loans, handle flood and collateral due diligence, and catalog documents for system of record storage

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:

• 2 years of experience with Commercial and/or Residential real estate

• 2 years of experience in Commercial and/or Residential loan documentation, including preparation, review, and the ability to interpret and research legal loan and real estate documents

• 2 years of working knowledge of residential and/or commercial appraisal requirements

• Current or previous working knowledge of homebuilder and construction lending

• Proven work experience with commercial real estate operations

• Current or previous working knowledge of the Flood Disaster Protection Act (FDPA)

• Intermediate Microsoft Office (PowerPoint, Word, Excel, and Outlook) skills

• 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

• Ability to work in a fast-paced deadline driven environment

• Effective organizational, multi-tasking, and prioritizing skills

• Excellent verbal, written, and interpersonal communication skills

• Strong analytical skills with high attention to detail and accuracy

Job Expectations:

• Candidates must be willing to work additional hours as needed.

• Hybrid work schedule - 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.

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:

* Job posting may come down early due to volume of applicants.

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. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business units 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.