Commercial Real Estate Underwriting Coordinator - Bengaluru, Karnataka, India - Wells Fargo

Wells Fargo

Verified Company

Bengaluru, Karnataka, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

About this role:

Wells Fargo is seeking a Commercial Real Estate Underwriting Coordinator.

In this role, you will:

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 to Prescreening/Underwriting team.
Analyze and validate the loan documents and share all the inconsistencies to Reviewer/onshore as per the agreed procedure.
Reviewing associate deals and providing timely feedback for team members.
Ability to groom new team members.
Ability to work on multiple process and flexible to work beyond the work timelines to complete the tasks.
Perform moderately complex administrative, transactional and operational tasks related to Commercial Real Estate Underwriting functional area.
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.

Required Qualifications:

1 to 2 years of overall experience in Multifamily Capital Prescreening and Pre underwriting business.
Good underwriting of Fannie Mae and Freddie Mac Entities.
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/assignments

Desired Qualifications:

Master Degree in Accounting and Finance,
Any professional Finance/Accounting/Economics certification would be a plus.

Job Expectations:

Shift Timings: 8:30 AM to 5:30 PM.

Posting End Date:

Job posting may come down early due to volume of applicants.

We Value Diversity

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

Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.