About this role:
Wells Fargo is seeking a Senior Commercial Mortgage Loan Administration Specialist to support the Commercial Loan Servicing platform. This senior individual will partner and make independent decisions on matters that impact financial risk, recommend business strategies and resolve escalations. They will oversee all aspects of the servicing platform workflow as a subject matter expert as well as approve money movement for Reserves, Taxes and Escrow Releases/Escrow Refunds. They will manage vendor oversight, participate in audits/RSCA/Controls and work on various other projects as needed.
In this role, you will:
- Lead or participate in moderately complex initiatives and deliverables within the Transactions and Processing area and contribute to large scale planning related to deliverables
- Lead or participate in internal and external audits for Agency and bank held loans.
- Identify, develop and maintain operational procedures and controls while providing recommendations.
- Resolve complaints independently with COO office and borrowers.
- Review and analyze moderately complex business, operational, or technical challenges that require an in-depth evaluation of variable factors
- Review, approve and issue quotes and applications on less complex loan requests
- Resolve moderately complex issues and lead a team to meet loan requests area, projects, process deliverables while leveraging solid understanding of the Transaction and Processing policies, procedures, and compliance requirements
- Collaborate and consult with peers, colleagues and mid-level managers to resolve issues and achieve goals, lead projects, teams or serve as a mentor for less experienced staff
- Work closely supporting Portfolio Management (Agency and Wells Fargo held loans)
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- 4+ years of Transactions and Processing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- commercial real estate or accounting experience
- Leadership skills
- Ability to make decisions and work independently
- Ability to communicate with auditors and attend all meetings/calls/requests
- Excellent verbal, written and interpersonal skills
25 Dec 2024
*Job posting may come down early due to volume of applicants.
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, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
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b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.