Commercial Mortgage Loan Administration Specialist
Wells Fargo
full-time
Posted on:
Location Type: Office
Location: Chandler • Arizona, Minnesota • 🇺🇸 United States
Visit company websiteSalary
💰 $60,000 - $100,000 per year
Job Level
JuniorMid-Level
About the role
- 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
- AFS Experience
- 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 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
- 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
Benefits
- 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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
Transactions and ProcessingAFSCommercial Real EstateResidential appraisalCommercial appraisalLoan originationCommercial loan documentationAnalytical skillsAttention to detailBudget management
Soft skills
CollaborationAdaptabilityOrganizational skillsMulti-taskingPrioritizingVerbal communicationWritten communicationInterpersonal communicationIndependent judgmentFlexibility