Wells Fargo Principal Commercial Real Estate Origination Specialist 

United States, New York, New York 

6306946

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

$173,300.00 - $359,900.00

3 Apr 2025

Wells Fargo Recruitment and Hiring Requirements:

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