Commercial Mortgage Loan Administration Specialist
About The Position
Wells Fargo is seeking a Commercial Mortgage Loan Administration Specialist within Commercial Real Estate and Syndicated Lending Operations . In this role, you will: Review and clear Escrow Analysis exceptions, prior to making the Escrow Analysis live. Process Tax and Insurance refund via check or via wire in Cash Workflow. Open ticket request with our Tax Vendor due to: Duplicate Payment, Refund Status, etc., as well as forwarding real estate Tax Bills, Pilot Bills, Sewer/ Water Bills, etc.. Generating and sending letters to the Borrower or Asset Manager. (Letters includes Escrow Analysis, Pay Direct, Non Escrow Payment of Delinquent Tax, Paid Under Protest, Requesting Unsecure Tax Bill, Tax Shortfall Request, Tenant Pay, Zero Tax Report, Agency Check to Borrower, etc. Manage a commercial property tax portfolio of escrowed and non-escrow loans Monitor and paying property taxes in advance of the due date Review tax reports and resolve exceptions in a timely manner Process the Daily Tax Disbursement File when needed Respond to customers, team members, and vendor requests for information
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
- Experience with Commercial Lending Operations and/or Commercial Mortgage Servicing
- Experience reviewing tax reports
- Experience analyzing and processing information
- Strong attention to detail
Responsibilities
- Review and clear Escrow Analysis exceptions
- Process Tax and Insurance refund via check or via wire in Cash Workflow
- Open ticket request with our Tax Vendor due to: Duplicate Payment, Refund Status, etc., as well as forwarding real estate Tax Bills, Pilot Bills, Sewer/ Water Bills, etc.
- Generating and sending letters to the Borrower or Asset Manager. (Letters includes Escrow Analysis, Pay Direct, Non Escrow Payment of Delinquent Tax, Paid Under Protest, Requesting Unsecure Tax Bill, Tax Shortfall Request, Tenant Pay, Zero Tax Report, Agency Check to Borrower, etc.
- Manage a commercial property tax portfolio of escrowed and non-escrow loans
- Monitor and paying property taxes in advance of the due date
- Review tax reports and resolve exceptions in a timely manner
- Process the Daily Tax Disbursement File when needed
- Respond to customers, team members, and vendor requests for information
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
