Job Posting Title Commercial Mortgage Loan Administration Specialist

About this role:

Wells Fargo is seeking a Commercial Mortgage Loan Administration Specialist within Commercial Banking Operations. Learn more about the career areas and lines of business at wellsfargojobs.com.

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

Required Qualifications:

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

Desired Qualifications:

• Commercial real estate experience

• Residential and commercial appraisal experience

• Ability to interpret and research loan origination, legal, or real estate documents

• Exposure to Wells Fargo banking systems such as LAM, CCM, C360, and Loan IQ

• 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

• Intermediate Microsoft Office (Word, Excel, and Outlook) skills

• 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

• Strong analytical skills with high attention to detail and accuracy

Primary Posting Locations:

• MINNEAPOLIS, MN

Job Expectations:

• This position is not eligible for Visa sponsorship

• Candidate must be based out of posted location

• This position offers a hybrid work schedule

• Relocation assistance is not available for this position

• Ability to work additional hours as needed

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$55,300.00 - $98,300.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement