Wells Fargo Commercial Real Estate Underwriting Associate 

India, Karnataka, Bengaluru 

157965091

In this role, your responsibilities include, but not limited to:

• Responsible for evaluating financial performance of borrower / guarantor based on a variety of factors and determining an appropriate risk rating, both qualitative and quantitative. This would include review of financial statements and compare it against CRE guidelines.
• Analyzing historical cash flows and developing proforma based on historical performance of the property and relevant market data.
• Evaluate existing leases within the property to determine possible impact on cash flows by reviewing for pertinent clauses, such as termination options / go dark.
• Review loan documents and summarize salient facts of the loan and ongoing covenants (both financial and non-financial) to be maintained by the borrower.
• 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.
• Quality check of work performed by junior team members and provide appropriate feedback on the same.
• Understand the feedback received from the onshore team members and disseminate the same to the team.
• Provide training to the team members and educate them on different scenarios.
• Effectively communicate with Underwriters and Asset Managers and make sure to deliver the desired output.

• Participate in reviewing and issuing applications under the direction of a more experienced underwriter and identify opportunities for process improvements within scope of responsibilities or Commercial Real Estate Underwriting functional area
• Present recommendations for resolving more complex situations and exercise independent judgement while developing expertise in the function, policies, procedures, and compliance requirements
• Collaborate and consult with Commercial Real Estate Underwriting colleagues, internal partners, and stakeholders, including internal and external customers

Desired Qualifications:

• 4 to 6 years of overall experience in commercial real estate industry.
• Ability to read, comprehend and synthesize data regarding property performance / market related information from multiple sources into one prescribed template.
• Knowledge of mortgages, real estate market, and financial lending.
• Sound understanding of commercial credit analysis techniques including cash flow analysis, financial concepts and valuation of collateral.
• Good knowledge with excel skills.

Wells Fargo Recruitment and Hiring Requirements:

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