Senior Commercial Real Estate Underwriting Coordinator

About this role:

Wells Fargo is seeking a Senior Commercial Real Estate Underwriting Coordinator.

In this role you will:

• Support the Commercial Real Estate Underwriting functional area in servicing underwriting and asset management
• Work with individuals in more experienced roles to understand client needs and coordinate efforts to service clients by working closely with different departments in the Commercial Real Estate Underwriting functional area
• Perform moderately complex administrative transactional operational and customer support tasks related to Commercial Real Estate Underwriting functional area
• Review credit reports from borrowers and ensure collected data meets all the regulatory requirements
• Receive direction from supervisor to understand client needs and provide services to achieve customer satisfaction
• Interact with immediate team and functional area on daily operational activities
• Interact with external customers to understand their needs

Required Qualifications:

• 4 years of more experienced Commercial Real Estate Underwriting experience or equivalent demonstrated through one or a combination of the following: work experience training military experience education

Desired Qualifications:

• Responsible for evaluating financial performance of borrower / guarantor based on a variety of factors and determining an appropriate risk rating both qualitative and quantitative. This would include review of financial statements and compare it against CRE guidelines.
• Analyzing historical cash flows and developing proforma based on historical performance of the property and relevant market data.
• Evaluate existing leases within the property to determine possible impact on cash flows by reviewing for pertinent clauses such as termination options / go dark.
• Perform market research of real estate using various third party applications and compare performance of subject property against market data to draw conclusion of overall performance.
• Review third party documents such as appraisal site inspection report property condition assessment report to infer overall performance of the property and identify significant factors which may impact asset.
• Document and synthesize all of the findings based on above mentioned reviews.
• Quality check of work performed by junior team members and provide appropriate feedback on the same.
• Understand the feedback received from the onshore team members and disseminate the same to the team.
• Provide training to the team members and educate them on different scenarios.
• Effectively communicate with Underwriters and Asset Managers and make sure to deliver the desired output

Essential Qualifications:

• Experience in Commercial Real Estate Underwriting or equivalent demonstrated through one or a combination of the following: work experience training military experience education.
• 4 years of overall experience in commercial real estate industry.
• Ability to read comprehend and synthesize data regarding property performance / market related information from multiple sources into one prescribed template.
• Knowledge of mortgages real estate market and financial lending.
• Sound understanding of commercial credit analysis techniques including cash flow analysis financial concepts and valuation of collateral.
• Good knowledge with excel skills.
• Excellent communication skills with good comprehension and business writing skills.
• Analytical bent of mind and ability to draw pattern from discrete set of data.
• Master Degree in Accounting Finance Economics
• Any professional Finance/Accounting/Economics certification would be a plus

Job Expectations:

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability status as a protected veteran or any other legally protected characteristic.

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 units risk appetite and all risk and compliance program requirements.

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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process visitDisability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.