Commercial Mortgage Loan Administration Specialist

Dallas, Texas, United States
Full-time
Posted

Description

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 Commercial Mortgage Loan Administration Specialist as part of Wholesale Lending Operations division. Learn more about the 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
  • 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 closing, and initiate loan disbursements
  • Monitor changing loan collateral pool for adherence to Credit Agreement, bank policy and regulatory requirements
  • Ensure all files and procedures follow government regulations and Bank policies
  • Conduct periodic audits of loan files
  • May provide training and guidance to less experienced specialists
  • Work with customers, RM, internal and external partners in coordinating the closing of mid-size to major commercial real estate loans, handling flood and other collateral due diligence, and cataloguing documents for storage in the system of record
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:
    • Commercial real estate experience
    • Residential appraisal experience
    • Ability to interpret and research loan origination, legal, or real estate documents
    • Exposure to Wells Fargo banking systems such as 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
    Posting Locations:
  • 100 N Main St. Winston Salem NC 27101
  • 600 S 4th St. Minneapolis MN 55415
  • 1445 Ross Ave. Dallas TX 75202
#Commercialbanking

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, or status as a protected veteran.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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