Commercial Mortgage Loan Administration Specialist - Release Administrator

Wells Fargo Bank•Minneapolis, MN

23d•$66,000 - $100,000

About The Position

About this role: Wells Fargo is seeking a Commercial Mortgage Loan Administration Specialist- Release Administrator in Commercial Real Estate and Syndicated Lending Operations . The role is critical to ensuring timely completion of Homebuilder Loan Administration tasks that support loan closings and funds disbursement. 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 loan approval documents Collaborate and consult with functional colleagues, internal partners and stakeholders, including internal and external customers if applicable

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 Haves

Operations experience with the Commercial real estate product
Residential and commercial appraisal experience
Title and/or lien 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)
Ability to navigate multiple computer systems, applications and utilize search tools to find information
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

Responsibilities

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 loan approval documents
Collaborate and consult with functional colleagues, internal partners and stakeholders, including internal and external customers if applicable