Wells Fargo Commercial Real Estate Underwriting Associate 

India, Telangana, Hyderabad 

120610182

Responsibilities

• Ability to analyze and process property financial statements and loan related documents for all commercial property types (e.g. rent roll, historical operating statements, appraisal reports collections and budget)
• Monitoring and analyzing the property performance based on Tenants details, evaluate lease agreements and pertinent clause, Property Cash Flows and provide the necessary recommendation toPrescreening/Underwritingteam.
• 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.
• Document and synthesize all of the findings based on above mentioned reviews.
• Analyze and share all the inconsistencies to onshore as per the agreed procedure.
• Ability to work on multiple process and flexible to work beyond the work timelines to complete the tasks.
• Reviewing associate deals and providing timely feedback for team members.
• Prioritize work and display day to day work allocation leadership and mentorship to the team.
• Identify efficiency opportunities within process and implement the same.
• Closely working with Risk partners in respect to avoid/mitigate any loopholes in the process and always adhere to the company polices.
• Ability to work closely with onshore partners with respect to any escalations, resolve on ASAP basis and disseminate the same to the team.
• Prepare Performance Report for team members and Monthly & Weekly reports for onshore partners.
• Work with individuals in more experienced roles to understand client needs and coordinate efforts to service clients by working closely with different departments in the Commercial Real Estate Underwriting functional area.
• Achieve/Exceed the set quality/productivity targets.

Essential Qualifications

• 5+ years of overall experience in Commercial Real Estate Industry – Prescreening and Underwriting for all commercial property types (REB, RESCM).
• Strong Knowledge in Commercial Real Estate domain.
• Ability to read, comprehend and synthesize data regarding property performance / market related information from multiple sources into one prescribed template.
• Strong Knowledge of mortgages, real estate market, and financial lending.
• Strong knowledge in 3rd party documents i.e., Appraisal, PCR, ESA, Flood Determination.
• Strong MS Excel, PPT, Visio knowledge is mandatory.
• Excellent English comprehension and written communication skills.
• Flexibility towards work on differentprocesses/assignments.

Desired Qualifications

• Master Degree in Accounting and Finance.

• Any professionalFinance/Accounting/Economicscertification would be a plus.

• Ability to analyze and process property financial statements and loan related documents for all commercial property types (e.g. rent roll, historical operating statements, appraisal reports collections and budget)
• Monitoring and analyzing the property performance based on Tenants details, evaluate lease agreements and pertinent clause, Property Cash Flows and provide the necessary recommendation toPrescreening/Underwritingteam.
• 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.
• Document and synthesize all of the findings based on above mentioned reviews.
• Analyze and share all the inconsistencies to onshore as per the agreed procedure.
• Ability to work on multiple process and flexible to work beyond the work timelines to complete the tasks.
• Reviewing associate deals and providing timely feedback for team members.
• Prioritize work and display day to day work allocation leadership and mentorship to the team.
• Identify efficiency opportunities within process and implement the same.
• Closely working with Risk partners in respect to avoid/mitigate any loopholes in the process and always adhere to the company polices.
• Ability to work closely with onshore partners with respect to any escalations, resolve on ASAP basis and disseminate the same to the team.
• Prepare Performance Report for team members and Monthly & Weekly reports for onshore partners.
• Work with individuals in more experienced roles to understand client needs and coordinate efforts to service clients by working closely with different departments in the Commercial Real Estate Underwriting functional area.
• Achieve/Exceed the set quality/productivity targets.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.