Senior Commercial Mortgage Loan Administration Specialist, Wells Fargo

Wells Fargo

Location:
United States, Charlotte ▼
Chandler

Category:
Banking

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Wells Fargo is seeking a Senior Commercial Mortgage Loan Administration Specialist to support the Commercial Loan Servicing platform. This senior individual will partner and make independent decisions on matters that impact financial risk, recommend business strategies and resolve escalations. They will oversee all aspects of the servicing platform workflow as a subject matter expert as well as approve money movement for Reserves, Taxes and Escrow Releases/Escrow Refunds. They will manage vendor oversight, Unclaimed Property (escheatment) participate in audits/RSCA/Controls and work on various other projects as needed.

Job Responsibility:

Lead or participate in moderately complex initiatives and deliverables within the Transactions and Processing area and contribute to large scale planning related to deliverables
Lead or participate in internal and external audits for Agency and bank portfolio held loans
Prepare and review Reserve disbursements from Borrowers for the Community Lending Investment portfolio as well as Real Estate Capital Markets portfolio
Identify, develop and maintain operational procedures and controls while providing recommendations
Resolve complaints independently with COO office and borrowers
Review and analyze moderately complex business, operational, or technical challenges that require an in-depth evaluation of variable factors
Review, approve and issue quotes and applications on less complex loan requests
Resolve moderately complex issues and lead a team to meet loan requests area, projects, process deliverables while leveraging solid understanding of the Transaction and Processing policies, procedures, and compliance requirements
Collaborate and consult with peers, colleagues and mid-level managers to resolve issues and achieve goals, lead projects, teams or serve as a mentor for less experienced staff
Work closely supporting Portfolio Management (Agency and Wells Fargo portfolio held loans) and Borrowers

Requirements:

4+ years of Transactions and Processing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Commercial mortgage real estate and / or accounting experience
Leadership skills
Ability to make decisions and work independently
Ability to communicate with auditors and attend all meetings / calls / requests
Excellent verbal, written and interpersonal skills
College degree or relevant experience desired

Nice to have:

Commercial mortgage real estate and / or accounting experience
Leadership skills
Ability to make decisions and work independently
Ability to communicate with auditors and attend all meetings / calls / requests
Excellent verbal, written and interpersonal skills
College degree or relevant experience desired

Additional Information:

Job Posted:
April 26, 2025

Expiration:
April 30, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Senior Commercial Mortgage Loan Administration Specialist