Jobs and Careers

Commercial Mortgage Production Associate

New York City, United Statesfull_timeVerifiedPosted 5 Aug 2025

💰 $196,000/yr($120,000/yr – $196,000/yr)

About the role

The Commercial Mortgage Production Associate within Multi Family Capital (MFC) will be working with bank clients, interfacing with leaders and key personnel from MFC, the Government Sponsored Enterprise (GSE) customers, and other Wells Fargo Bank clients.

Responsibilities for this position include, but are not limited to:

Working with a manager to manage deals from initial screening to underwriting handoff.
Assist in overseeing the client relationships when requested.
Accountable for the loan analysis on standardized templates and communicates preliminary sizing and pricing indications to manager and Group Head(s) based on business unit and GSE policies.
Reviewing borrower proformas and identifying key issues/risks to address upfront.
Continue to develop multifamily real estate knowledge through ongoing training and active participation in industry seminars and symposiums.
Prepare detailed financial narratives on transactions conveying the key strengths and weaknesses of transactions for internal credit and agency review.
Coordinates with producers, managers, and Head of Production to refine quotes and resolve waivers or threshold issues with agencies and/or the Senior Credit Officer.
Interfaces with manager and borrowers to achieve consensus on terms, drafts application, and conveys application to Producer for issuance to borrowers.
Prepares and submits third party request form upon issuance of loan application in order to accelerate preparation for engagement
Maintaining intricate knowledge of Agency (Freddie/Fannie) underwriting guidelines.
Following borrowers acceptance of application, briefs designated underwriting team regarding transaction, commissions third party reports, and transfers source documents, loan analysis, agency correspondence and other vital information into shared network screening depository.

Required Qualifications:

2+ years of Business Client Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

2+ years of Real Estate underwriting experience or strong ability to interpret and research loan origination, legal, or other real estate documents
Advanced Microsoft Excel skills, including high level of proficiency in modeling; strong analytical skills with high attention to detail and accuracy
Strong technical writing skills
Excellent verbal, written, and interpersonal communication skills
Experience guiding and mentoring more junior associates or analysts

Job Expectations:

Candidates for this role will be required to work in-office 4 days a week.

Locations:

30 Hudson Yards, NYC

1751 & 1753 Pinnacle Dr, McLean VA

2030 Main St, Irvine CA

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

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.

$120,000.00 - $196,000.00

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.