Director - Lead Commercial Mortgage Pursuit Specialist - Multifamily Capital

Job Description

Why Wells Fargo:

We ranked #3 on the 2022 LinkedIn Top Companies list – and #1 among financial services companies – as a best workplace in the U.S. At Wells Fargo, we support employees’ career aspirations and growth. We’re proud of our employee-welfare-centered business approach and our commitment to diversity, equity, and inclusion in the workplace. We offer competitive salaries and one of the richest benefits packages in the industry. Our Total Rewards program focuses on wellness, work-life balance and the financial health of our employees. Our customers invest with us, we invest in you.

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About this role:

Wells Fargo is seeking a Lead Commercial Mortgage Pursuit Specialist within our specialized screening team which focuses on seniors and student housing for agency and multi-family and student housing for balance sheet executions.  The role perform basic and some more advanced functions to support commercial real estate loan origination, underwriting and/or real estate analysis, underwriting and/or marketing functions (e.g., due diligence, document processing, research, financial/statistical analysis, etc.) related to transactions. Learn more about our lines of business at wellsfargojobs.com.

In this role, you will:

• Review and approve loan quotes, applications, and rate lock agreements for balance sheet transactions for multifamily properties of all types (conventional, affordable, seniors, student and manufactured housing communities) in Wells Fargo Multifamily Capital

• Screen and structure balance sheet opportunities

• Identify opportunities and strategies for process improvement and risk control development

• Receive direction from manager and exercise independent judgment

• Interpret policies, procedures, and compliance requirements

• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

• Interact with internal customers

• Present transactions to Credit for approval

• Provide guidance and assistance to the other Commercial Mortgage Pursuit teams as they evaluate and structure balance sheet opportunities, and assist with presentation to Credit

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.

Anticipated Pay: $200,000.00 - $250,000.00 USD Annually

Required Qualifications:

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

Desired Qualifications:

• Completion of a bank credit training program

• 3+ years of Commercial Real Estate industry experience

• Commercial Real Estate credit underwriting experience

• Strong technical writing skills

• Strong analytical skills with high attention to detail and accuracy

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

• Excellent verbal, written, and interpersonal communication skills

• Strong organizational, multi-tasking, and prioritizing skills

• Strong Microsoft Excel skills

• Ability to achieve high production and quality standards

• Ability to address and resolve complex customer issues

• Ability to articulate issues, risks, and proposed solutions to various levels of staff and management

• Ability to be proactive, innovative and creative in meeting customer and enterprise needs

• Ability to coordinate completion of multiple tasks and meet aggressive time frames

• Outstanding problem solving skills

• A BS/BA degree or higher

Job Expectations:

• Ability to work additional hours as needed

• Ability to travel as needed

Pay Range

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, or status as a protected veteran.