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Wells Fargo · 1 day ago

Commercial Mortgage Loan Administration Specialist

MINNEAPOLIS, MN

Full-time

Onsite

Entry, Mid Level

$66K/yr - $100K/yr

2+ years exp

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 and participate in initiatives for process improvements, while collaborating with various stakeholders.

BankingFinancial ServicesFinTechInsurancePayments

Responsibilities

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

Qualification

TransactionsProcessingCommercial Real EstateAFS ExperienceLoan Origination DocumentsWells Fargo Banking SystemsConstruction Lending KnowledgeCommercial Loan DocumentationMicrosoft OfficeAnalytical SkillsCommunication SkillsTeam Collaboration

Required

2+ years of Transactions and Processing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Preferred

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