Wells Fargo Senior Lead Commercial Real Estate Underwriter 

United States, Maryland, Bethesda 

645901157

In this role, you will:

• Maintain a comprehensive knowledge and understanding of Freddie Mac and Fannie Mae multifamily underwriting guidelines and requirements, with specific focus on affordable housing programs
• Build and maintain strong relationship with various partners both throughout Multifamily Capital and, more broadly, the Wells Fargo Commercial Real Estate (CRE) business line as well as our GSE partners
• Perform property inspections
• Analyze credit of tenants and borrowers
• Coordinate with the loan closing team throughout the negotiation process
• Make recommendations to credit for prospective loans
• Serve as a leader and industry expert on the team, sharing best practices and expertise with more junior team members
• Review third party reports including appraisals, environmental reports (phase I and II), and engineering reports
• Work closely with Community Lending and Investment (CLI) on transactions wherein the groups partner
• Work closely with WF Construction Monitoring group to process and close loans on rehabilitations and new construction
• Collaborate and consult with Commercial Real Estate Underwriting peers, colleagues, and mid level to more experienced managers to resolve issues and achieve goals

Required Qualifications:

• 7+ 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:

• 7+ years experience of underwriting multifamily transactions
• 7+ years experience Fannie Mae and Freddie Mac multifamily affordable loans
• Experience with tax credit equity or construction loan debt products.
• Experience performing property inspections
• Experience analyzing credit of tenants and borrowers.
• Experience reviewing third party reports including appraisals, environmental reports (phase I and II), and engineering reports
• Leadership experience
• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Ability to work effectively, as well as independently, in a team environment
• A BS/BA degree or higher

Job Expectations:

• Ability to travel as needed
• Ability to work additional hours as needed
• his position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Pay Range

Wells Fargo Recruitment and Hiring Requirements:

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