Job Description

Job Description
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as Personal Cell or Cellular in the contact information of your application.

At Wells Fargo, we want to satisfy our customers financial needs and help them succeed financially. Were looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where youll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.

Commercial Real Estate (CRE) operates throughout the United States, as well as Canada and the United Kingdom, to deliver a comprehensive platform of financing and banking products for experienced commercial real estate companies including balance sheet lending, CMBS origination and distribution, loan servicing, agency financing for multifamily properties, and debt and equity capital for affordable housing.

Commercial Mortgage Servicing (CMS) is the industry leader and provider of real estate loan servicing in the United States, with global locations in India. CMS provides the best in class mortgage servicing for a variety of third party customers and stakeholders, including Commercial Mortgage Backed Securities (CMBS), Mortgage Backed Securities (MBS), US Government-Sponsored Entities (GSE), US Department of Housing and Urban Development (HUD), Interim Lenders, Specialized Warehouse Lenders, and Secondary-Market Lenders. CMS also provides loan and portfolio level asset management for SRE/Real Estate Capital markets (RECM) balance sheet loans and loan and facility level asset management for Commercial Mortgage Loan Finance (CMLF). Services include: payment and escrow processing, cash and treasury management, asset management and surveillance - loan covenants, borrower consent requests, and investor reporting and collateral administration.

This Commercial Mortgage Credit Analyst 2 will be responsible for providing support to the asset management department on a portfolio of GSE (Freddie Mac) and CME/CMBS securitized multifamily loans.
General responsibilities for this position include, but are not limited to:
Loan boarding of asset management specific triggers, loan document review, inspection review
Administering and monitoring of repair escrows by establishing contact with borrowers and the investor to ensure compliance with the Servicing Guide and Loan Documents.
Processing routine borrower real estate consents, such as Property Management Change, Insurance Waivers, and Repair extensions/modifications.
Compiling various weekly and monthly reports to Senior Management.
Administering securitization process for Freddie Mac loans and notification to various stakeholders.
Assist in rotation for team mailbox monitoring to effectively disburse emails for proper handling to internal and external parties.

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 units risk appetite and all risk and compliance program requirements.

Required Qualifications
* 3+ years of experience in one or a combination of the following: commercial mortgage, commercial real estate investment, or commercial mortgage credit analysis; or completion of the Wells Fargo Financial Analyst Program

Desired Qualifications
* Ability to work independently
* Excellent verbal, written, and interpersonal communication skills
* Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
* Solid problem solving and decision making skills
* Strong analytical skills with high attention to detail and accuracy
* Strong technical writing skills

Other Desired Qualifications
* Experience servicing GSE, Wells Fargo and/or CMBS loans
* Ability to understand mortgage loan document requirements
* Ability to provide accurate and timely information to various stakeholders
* Ability to understand real estate fundamentals
* Understanding of Freddie Mac Servicing Standards
* Ability to multi-task and appropriate administration of deadlines

Street Address
VA-McLean: 1751 Pinnacle Dr - Mclean, VA

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.