Commercial Mortgage Loan Administration Specialist

About this role:

Wells Fargo is seeking a Commercial Mortgage Loan Administration Specialist in Commercial Capital Operations as part of the CIB Lending Operations division.

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 collateral and loan documents
• Collaborate and consult with functional colleagues, internal partners and stakeholders, including internal and external customers if applicable
• Prepare loan documentation, coordinate loan closing, and initiate loan disbursements
• Monitor changing loan collateral pool for adherence to Credit Agreement, bank policy and regulatory requirements
• Ensure all files and procedures follow government regulations and Bank policies
• Conduct periodic audits of loan files
• May provide training and guidance to less experienced specialists
• Work with customers, RM, internal and external partners in coordinating the closing of mid-size to major commercial real estate loans, handling flood and other collateral due diligence, and cataloguing documents for storage in the system of record

• 2+ years of Transactions and Processing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• 2+ years of Commercia Real Estate (CRE) experience
• Experience with Commercial Loan Disbursements
• Ability to interpret and research loan origination, legal, or real estate documents
• Exposure to Wells Fargo banking systems such as 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
• 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

• Ability to work at one of our approved job posting locations
• Ability to work a hybrid schedule, at least 3 days a week working in office