Minneapolis, Minnesota

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

About this role:

Wells Fargo is seeking a Commercial Real Estate Underwriting Coordinator who, in coordination with our analysts and underwriters, will be responsible for processing affordable housing loan requests with a focus on GSE transactions. Learn more about our career areas and lines of business at wellsfargojobs.com.

In this role, you will:

  • Collect and review required financial and compliance documents and complete preliminary analysis of credit for MFC clients for the processing of multifamily GSE (Fannie Mae and Freddie Mac) affordable loans

  • Prepare the underwriting diligence package and works closely with the client to obtain underwriting documentation ensuring it meets Bank and GSE requirements

  • Coordination of the various Bank and GSE required compliance checks and reviews

  • Maintain a comprehensive knowledge and understanding of Freddie Mac and Fannie Mae loan processing guidelines and requirements, with specific focus on affordable housing programs

  • Build and maintain strong relationship with various partners both throughout Multifamily Capital and, more broadly, the Wells Fargo Commercial Real Estate (CRE) business line as well as our GSE partners

  • Work closely with Community Lending and Investment (CLI) on transactions wherein the groups partner

  • 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

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.


Required Qualifications:

  • 2+ years 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:

  • Experience as a Commercial Real Estate Underwriting Coordinator

  • Commercial Real Estate experience

  • High attention to detail and accuracy

  • Strong verbal, written, and interpersonal communication skills

  • High level of initiative and accountability

  • Ability to work effectively in a team environment where strong independent thinking skills are important

  • Ability to provide strong customer service while balancing the needs of clients, shareholders, and team members

Job Expectations:

  • Ability to travel domestically

Pay Range

$24.57 - $36.88 Hourly

Benefits

  • Information about Wells Fargo's employee benefits

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.

Minneapolis, Minnesota

At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.

We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re committed to hiring and retaining military veterans, veterans with disabilities, National Guard, Reservists, and Military Spouses.

As a Wells Fargo employee, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Connection Employee Resource Group, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit wellsfargojobs.com/military. Let’s talk about turning your military experience into a great civilian career.