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COMMERCIAL MORTGAGE LOAN ADMINISTRATION SPECIALIST

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Posted : Tuesday, August 06, 2024 06:16 AM

About this role: Wells Fargo is seeking a Commercial Mortgage Loan Administration 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 Perform 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: Familiarity with Commercial Real Estate terminology and principles.
Familiarity with fundamentals of mortgage servicing.
Familiarity with authentication procedures of money movement.
Familiarity with process workflows and loan management.
Job Expectations: Maintain a portfolio of loans requiring monthly servicing and waterfall administration.
Daily validation of all transactions and submissions for 100% accuracy.
Participate in training and development to improve skillsets pertinent to daily job duties.
Complete loan maintenance and miscellaneous functions in support of servicing commercial mortgages.
Interface with external customers and internal servicing partners to facilitate accurate waterfall administration.
@RWF22 Posting End Date: *Job posting may come down early due to volume of applicants.
We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company.
They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions.
There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities.
Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy Wells Fargo maintains a drug free workplace.
Please see our Drug and Alcohol Policy to learn more.

• Phone : NA

• Location : Charlotte, NC

• Post ID: 9150388815


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