Senior Commercial Real Estate Underwriter

Year    KA, IN, India

Job Description

In this role, your responsibilities include, but not limited to: • Performing loan file review procedures on pools of commercial mortgage loans and properties
• Maintaining and updating critical data to reflect the results of loan file review procedures.
• Responsible for evaluating financial performance of borrower / guarantor based on a variety of factors. This would include review of financial statements and compare it against CRE guidelines.
• Evaluate existing leases within the property to determine possible impact on cash flows by reviewing for pertinent clauses, such as termination options / go dark.
• Review loan documents and summarize salient facts of the loan and ongoing covenants (both financial and non-financial) to be maintained by the borrower.
• Perform market research of real estate using various third-party applications and compare performance of subject property against market data to draw conclusion of overall performance.
• Review third party documents, such as appraisal, site inspection report, property condition assessment report to infer overall performance of the property and identify significant factors which may impact asset.
• Interacting with clients to discuss, explain and reconcile data and offering document exceptions.
• Reviewing the Securitization offering documents for accuracy and completeness of collateral disclosure
• Document and synthesize all the findings based on above mentioned reviews.
• Assisting with training, mentoring, performing quality checks and developing junior team members
• Contribute towards building strong client relationships through interactions with client personnel.
• Contribute to a positive team attitude.

Required Qualification • 4+ 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: • Master's degree in accounting, finance, economics, business administration
• 5+ years of relevant Commercial Real Estate working experience.
• Previous CMBS or ABS experience
• 3+ years of experience in financial cash flow modeling securitization transactions in Excel/VBA.
• Exposure to industry platforms such as REIS, Costar, TREPP
• Knowledge of CMBS-related legal/offering documents and commercial mortgage loan and property source documents
• Proficiency with Microsoft Office products (Excel, Word, Access); spreadsheet modeling experience is a plus.
• 1+ years of experience in coordinating and communicating with working parties such as bankers and portfolio managers.

Posting End Date:


29 Nov 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 .



Drug and Alcohol Policy



Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.



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.

Beware of fraud agents! do not pay money to get a job

MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Job Detail

  • Job Id
    JD3512598
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    KA, IN, India
  • Education
    Not mentioned
  • Experience
    Year