Senior Commercial Mortgage Loan Financial Analyst

at  Wells Fargo

Charlotte, North Carolina, USA -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate30 Jan, 2025Not Specified31 Oct, 20244 year(s) or aboveTraining,Commercial Real EstateNoNo
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Description:

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.

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

WELLS FARGO RECRUITMENT AND HIRING REQUIREMENTS:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process

Required Qualifications:

  • 4+ years of Transactions and Processing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educatio

Desired Qualifications:

  • Experience in an fast-paced financial environment
  • Knowledge of Commercial Real Estate
  • Ability to prioritize conflicting deliverables in real time
  • Experience with basic accounting principles
  • Loan documentation and/or closing experience
  • Relationship management experience
  • Ability to interact with integrity and a high level of professionalism with all levels of customers, team members and management
  • Microsoft Excel spreadsheets experience importing, exporting, and manipulating data including accounting functions
  • Experience in Treasury Sale

Responsibilities:

Wells Fargo is seeking a Senior Commercial Mortgage Loan Financial Analyst to support the Cash Management Team within Commercial Mortgage Servicing (CMS). Learn more about our career areas and lines of business at wellsfargojobs.com.

In this role, you will:

  • Participate in more complex initiatives and identify opportunity for process improvements for timely processing of all incoming business lending within Transaction and Processing
  • Review and analyze basic business, operational, or technical assignments or challenges that require research, evaluation, and selection of alternatives, and exercise independent judgment to guide medium risk deliverables
  • Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the function, policies, procedures and compliance requirements for loan approval documents
  • Collaborate and consult with functional colleagues, internal partners and stakeholders, including internal and external customers if applicable
  • Work with both origination and central analysts in the preparation of loan approval documents
  • Administer complex Waterfall Accounting for Cash Management accounts associated with commercial loans

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:

  • 4+ years of Transactions and Processing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

  • Experience in an fast-paced financial environment
  • Knowledge of Commercial Real Estate
  • Ability to prioritize conflicting deliverables in real time
  • Experience with basic accounting principles
  • Loan documentation and/or closing experience
  • Relationship management experience
  • Ability to interact with integrity and a high level of professionalism with all levels of customers, team members and management
  • Microsoft Excel spreadsheets experience importing, exporting, and manipulating data including accounting functions
  • Experience in Treasury Sales

Job Expectations:

  • Ability to work outside normal business hours
  • Wells Fargo has recently entered into an agreement to sell the third-party servicing function of Commercial Mortgage Servicing (CMS) to Trimont Global LLC (Trimont). The sale is expected to close in early 2025 (the “Closing Date"). We are continuing to recruit for open positions supporting CMS but want to ensure you are aware that should you be selected for and accept this position, you will also receive an offer from Trimont prior to the Closing Date with similar employment terms and conditions following your Wells Fargo start date.


REQUIREMENT SUMMARY

Min:4.0Max:9.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance

Graduate

Proficient

1

Charlotte, NC, USA