Commercial Mortgage Loan Administration Specialist

Wells Fargo Bank•Minneapolis, MN

1d•$66,000 - $100,000

About The Position

Wells Fargo is seeking a Commercial Mortgage Loan Administration Specialist in Commercial Real Estate Operations as part of the CIB Lending Operations division. In this role, you will: Manage and Service Commercial Construction Loans including reviewing related documentation, maintaining budgets, communicating with parties on identified issues, approving transactions and disbursing 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 Review 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
Ability to interpret and research loan origination, legal, or real estate documents
Ability to navigate multiple computer systems, applications, and utilize search tools to find information
Ability to work effectively in a team environment and across all organizational levels; where flexibility, collaboration, and adaptability are important
Ability to work in a fast-paced deadline driven environment
Effective organizational, multi-tasking, and prioritizing skills
Excellent verbal, written, and interpersonal communication skills
Intermediate Microsoft Office (Word, Excel, and Outlook) skills
Strong analytical skills with high attention to detail and accuracy

Nice To Haves

AFS Experience
Commercial Real Estate experience
Residential and commercial appraisal experience
Exposure to Wells Fargo banking systems such as LIQ, LAM, CCM and C360
Knowledge and understanding of builder, construction, or renovations lending
Knowledge and understanding of commercial real estate operations
Knowledge and understanding of the Flood Disaster Protection Act (FDPA)
Commercial loan documentation, preparation, or review experience

Responsibilities

Manage and Service Commercial Construction Loans including reviewing related documentation, maintaining budgets, communicating with parties on identified issues, approving transactions and disbursing
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
Review 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