Commercial Real Estate Operations - Commercial Mortgage Loan Administration Specialist

Wells Fargo - Minneapolis, MN

Full-time

Minneapolis, MN

Credit Intermediation and Related Activities

About the position

Wells Fargo is seeking a Commercial Mortgage Loan Administration Specialist to join the Commercial Real Estate and Syndicated Lending Operations team within the Commercial Banking Operations Division. This role involves participating in initiatives to improve processes for business lending, analyzing operational challenges, performing site inspections, and collaborating with internal and external stakeholders to prepare loan approval documents.

Responsibilities

• Participate in less complex initiatives and identify opportunities for process improvements for timely processing of all incoming business lending.
• Review and analyze basic business, operational, or technical assignments or challenges that require research, evaluation, and selection of alternatives.
• Perform 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.

Requirements

• 2+ years of Transactions and Processing experience, or equivalent demonstrated through work experience, training, military experience, or education.

Nice-to-haves

• Operations experience with the Commercial real estate product
• Residential and commercial appraisal experience
• Sound analytical skills and the ability to interpret and research loan origination, legal, or real estate documents
• Knowledge and understanding of builder, construction, or renovations lending
• 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
• Loan IQ skills
• Ability to work effectively in a fast-paced collaborative environment, while managing competing priorities
• Intermediate Microsoft Office (Word, Excel, and Outlook) skills
• Advanced verbal and written communication skills