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Principal Commercial Real Estate Origination Specialist

External
Wells Fargo logoWells Fargo · Mclean, VA
Full-timeOn-site15mo ago
ComplianceDocumentation
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Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees. Health benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursementPosting End Date:3 Apr 2025Job posting may come down early due to volume of applicants.We Value DiversityEmployees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly esta

Additional Information

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 Principal Commercial Real Estate Origination Specialist who will be responsible for working with the larger bank clients and on larger and more complex transactions. In this role, you will: In this role, you will: Interface with leaders and key personnel from Multifamily Capital (MFC), Government Sponsored Enterprises (GSEs) and MFC/Commercial Real Estate (CRE) clients Manage deals from initial screening to closing of the loan Work with our Commercial Mortgage Servicing (CMS) group to assure servicing requests are met on a timely and in a satisfactory manor for the clients Play a lead role in overseeing the client relationships Work with other groups within WF that cover same clients to ensure that all groups are coordinated Work with Lender Counsel to manage and resolve legal issues Maintain knowledge of current on Government Sponsored Enterprise (GSE) policies with respect to underwriting, loan documentation and pricing and communicate these updates with clients Work on special production initiatives with the objective of driving revenue for the group Keep senior team members abreast of important issues relating to loan opportunities and client relationships Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals Interact with internal and external stakeholders Assist in the development of more junior staff Required Qualifications: 10+ years of Commercial Real Estate Origination experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: 10 + years of Affordable housing experience 7+ years of experience underwriting commercial real estate credit transactions Familiarity with the multifamily property types, including conventional multifamily, affordable, student housing, seniors housing, and manufactured housing Knowledge and understanding of bank, Government Sponsored Enterprise (GSE), life company and Commercial Mortgage Backed Securities (CMBS) lending programs and credit policies Knowledge and understanding of one or more government agency commercial mortgage specialty products Ability to read and understand complex commercial real estate loan documentation Ability to develop and maintain knowledge and understanding of loan products and provide market intelligence to maintain competitive edge Ability to generate revenue and actively participate in the successful completion of complex transactions Excellent verbal, written, and interpersonal communication skills Ability to interact with all levels of an organization Ability to work independently with sound judgment in the application of analytical conclusions to credit approval, structure, and management recommendations Experience developing and cultivating professional relationships Intermediate Microsoft Office skills A BS/BA degree or higher A Master's degree or higher Job Expectations: Ability to travel up to 10% of the time Ability to work outside of regular business hours Willing to work in the posted locations Pay Range Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates. $173,300.00 - $359,900.00


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