Job Description

**About this role:** Wells Fargo is seeking a Commercial Real Estate Underwriting Associate who, in coordination with our screening and closing teams and under the supervision of a senior underwriter, will be responsible for processing and analyzing loan requests with a focus on GSE transactions. Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements. **In this role, you will:** + Collect and review required financial and compliance documents and complete preliminary analysis of credit for MFC clients for the processing of multifamily GSE (Fannie Mae and Freddie Mac) + Prepare the underwriting diligence package and works closely with the client to obtain underwriting documentation ensuring it meets Bank and GSE requirements + Coordination of the various Bank and GSE required compliance checks and reviews + Perform property/site inspections, when needed + Conduct preliminary analysis of credit of borrowers and sponsors + Maintain a comprehensive knowledge and understanding of Freddie Mac and Fannie Mae loan processing guidelines and requirements + 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. + Work closely with Community Lending and Investment (CLI) on transactions wherein the groups partner **Required Qualifications:** + 2+ 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:** + 2+ years agency lending experience, specifically multi-family product + Experience in banking or credit environments, including risk assessment and credit analysis. + Experience in collecting and reviewing documentation, ensuring accuracy, completeness, and alignment with legal and policy requirements. + Strong verbal, written, and interpersonal communication skills + Ability to thrive in a fast-paced, environment by effectively prioritizing tasks, managing competing deadlines, and maintaining strong attention to deal without compromising quality or accuracy. + Ability to work effectively in a team environment while demonstrating strong independent thinking skills + Ability to provide strong customer service while balancing the needs of clients, shareholders, and team members + Intermediate Microsoft Excel skills + A BS/BA degree or higher **Job Expectations:** + Ability to travel up to 10% + Ability to work additional hours as needed + Position is not eligible for VISA sponsorship This 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** Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates. $96,600.00 - $206,100.00 **Benefits** Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs ( for an overview of the following benefit plans and programs offered to employees. + Health benefits + 401(k) Plan + Paid time off + Disability benefits + Life insurance, critical illness insurance, and accident insurance + Parental leave + Critical caregiving leave + Discounts and savings + Commuter benefits + Tuition reimbursement + Scholarships for dependent children + Adoption reimbursement **Posting End Date:** 3 May 2025 ***** **_Job posting may come down early due to volume of applicants._** **We Value Equal Opportunity** Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic. Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements. **Applicants with Disabilities** To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo ( . **Drug and Alcohol Policy** Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy ( to learn more. **Wells Fargo Recruitment and Hiring Requirements:** a. Third-Party recordings are prohibited unless authorized by Wells Fargo. b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process. **Req Number:** R-449672

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