About this role:
Wells Fargo is seeking a role for Senior Commercial Real Estate Underwriting Coordinator
In this role, you will:
- Support the Commercial Real Estate Underwriting functional area in servicing, underwriting, and asset management
- Work with individuals in more experienced roles to understand client needs and coordinate efforts to service clients by working closely with different departments in the Commercial Real Estate Underwriting functional area
- Perform moderately complex administrative, transactional, operational, and customer support tasks related to Commercial Real Estate Underwriting functional area
- Review credit reports from borrowers and ensure collected data meets all the regulatory requirements
- Receive direction from supervisor to understand client needs and provide services to achieve customer satisfaction
- Interact with immediate team and functional area on daily operational activities
- Interact with external customers to understand their needs
- Required Qualifications:
- 2+ years of Commercial Real Estate Underwriting support experience,
or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Desired Qualifications:
- 2+ years of overall experience in CRE / Multifamily Capital - Prescreening and Underwriting business.
- 2+ years of underwriting mortgage experience in conventional & FHA products.
- Job Expectations:
- Ability to analyze and process property financial statement and loan related documents (e.g. rent roll, historical operating statements, appraisal reports collections and budget)
- Monitoring and analyzing the property performance based on Tenants details, Property Cash Flows and providing the necessary recommendation to Prescreening/Underwriting team. Analyze historical cash flows and develop proforma based on historical performance of the property and relevant market data.
- Analyze and validate the loan documents and share all the inc