Commercial Mortgage Loan Administration Specialist -CRE Loan Servicing
About The Position
About this role: Wells Fargo is seeking a Commercial Mortgage Loan Administration Specialist within CIB Lending Operations. 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 Request 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 one or a combination of the following: work experience, training, military experience, education
Nice To Haves
- Operations experience with the Commercial Real Estate (CRE) product
- Familiarity with Loan IQ
- 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
- 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
- Request 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
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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
