Expoint - all jobs in one place

Finding the best job has never been easier

Limitless High-tech career opportunities - Expoint

Wells Fargo Senior Commercial Real Estate Underwriting Coordinator 
India, Telangana, Hyderabad 
297759768

18.08.2024

In this role, you will be:

  • 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.
  • 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.

Required Qualifications:

  • Experience in Commercial Real Estate Underwriting, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
  • 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.
  • Excellent communication skills, with good comprehension and business writing skills.
  • Analytical bent of mind and ability to draw pattern from discrete set of data.
  • Master Degree in Accounting, Finance, Economics
  • Any professionalFinance/Accounting/Economicscertification would be a plus


Wells Fargo Recruitment and Hiring Requirements:

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