About this role:
Wells Fargo is seeking a Commercial Real Estate Underwriting Associate
In this role, you will:
Participate in credit research and investigation of existing and prospective clients and counterparties under the direction of more experienced individuals within Commercial Real Estate Underwriting functional area
Review basic issues, policies, or procedures for which answers can be quickly obtained, and are related to low to medium risk tasks and deliverables
Receive direction from supervisor and exercise independent judgment while developing understanding of function, policies, procedures, and compliance requirements
Collaborate and consult with Commercial Real Estate Underwriting managers, functional colleagues, and stakeholders, including internal as well as external customers
Required Qualifications:
6+ months of Commercial Real Estate Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Ability to read,
comprehend and synthesize data regarding property performance / market related information from multiple sources into one prescribed template.
Knowledge of mortgages, real estate market, and financial lending.
Sound understanding of commercial credit analysis techniques including cash flow analysis, financial concepts and valuation of collateral.
Positive knowledge with excel skills.
Excellent communication skills, with valuable comprehension and business writing skills.
Analytical bent of mind and ability to draw pattern from discrete set of data.
Master Degree in Accounting, Finance, Economics
Any skilled Finance/Accounting/Economics certification would be a plus
Job Expectations:
Ensure that all the sub-process SLAs are met
Responsible for evaluating financial performance of borrower / guarantor based on a variety of factors and determining an appropriate risk rating, both qualitative and qu