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Wells Fargo is seeking a Commercial Mortgage Loan Administration Specialist in Commercial Capital Operations as part of the CIB Lending Operations division.
Job Responsibility:
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
Requirements:
2+ years of Transactions and Processing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Nice to have:
2+ years of Commercial Real Estate (CRE) experience
Experience with Commercial Loan Disbursements
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