Wells Fargo Commercial Real Estate Underwriting Associate 

India, Telangana, Hyderabad 

902064332

Job Description

In this role, you will:

• Participate in credit research and investigation of existing and prospective clients and counterparties under the direction of more experienced individuals within Commercial Real Estate Underwriting functional area
• Review basic issues, policies, or procedures for which answers can be quickly obtained, and are related to low to medium risk tasks and deliverables
• Receive direction from supervisor and exercise independent judgment while developing understanding of function, policies, procedures, and compliance requirements
• Collaborate and consult with Commercial Real Estate Underwriting managers, functional colleagues, and stakeholders, including internal as well as external customers
• Ability to analyze and process property financial statement and loan related documents (e.g. rent roll, historical operating statements, appraisal reports collections and budget)
• Monitoring and analyzing the property performance based on Tenants details, Property Cash Flows and provide the necessary recommendation toPrescreening/Underwritingteam.
• Analyze and validate the loan documents and share all the inconsistencies to Reviewer/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.
• 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 and resolve on ASAP basis.
• Prepare Performance Report for team members and Monthly & Weekly reports for onshore partners.
• Ability to groom new team members
• Uploading Freddie Mac and Fannie Mae closed loan documents in respective websites.
• Receives feedback openly from others post implementation of learning experience.
• Achieve/Exceed the set quality/productivity targets.
• Works with Manager in planning for the team – attrition / retention / DSO & QC lineup

Required Qualifications:

• 6+ months 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:

• 5+ years of overall experience in Multifamily Capital Prescreening and Pre - underwriting business.
• 5+ years of underwriting mortgage experience in conventional & FHA products.
• Strong knowledge in Government Sponsored Entities (Fannie Mae and Freddie Mac) and their underwriting procedures.
• Strong Knowledge in Commercial Real Estate domain.
• Strong knowledge in 3rd party documents i.e., Appraisal, PCR, ESA, Flood Determination.
• Strong MS Excel, PPT, Visio knowledge is mandatory.
• Ability to accurately process high volumes of work within established deadlines
• Ability to work effectively as part of a team to meet targets
• Excellent English comprehension and written communication skills
• Flexibility towards work on different processes/assignment

Job Expectations:

• Master's degree in accounting and finance.
• Any professionalFinance/Accounting/Economicscertification would be a plus.

20 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.