W
Posted 17 days ago
Executive Director, Senior Lead Commercial Real Estate Underwriter
Wells FargoExecutive Director, Senior Lead Commercial Real Estate Underwriter
Perks & benefits
Health InsurancePaid Leave
Requirements
7+ years Commercial Real Estate Underwriting experience, Advanced Microsoft Excel skills, Advanced Microsoft Office skills, Project management skills
Skills
Underwriting
About the role
Responsibilities
- Underwrite complex CMBS loans ranging from approximately $5MM to $150MM
- Complete underwriting and financial models for transactions
- Conduct due diligence on property cash flow, operating expenses, tenant leases, and estoppels
- Review third-party reports including environmental, engineering, and appraisals
- Field questions from Rating Agencies and investors regarding transaction underwriting
- Identify risks, mitigate associated issues, and prepare internal risk ratings
- Prepare and present credit approval memos
- Manage and train junior team members
- Work with senior leadership to enhance platform efficiency and influence long-term business goals
Requirements
- 7+ years of Commercial Real Estate Underwriting experience
- Advanced Microsoft Excel skills
- Advanced Microsoft Office skills
- Strong project management skills with the ability to handle multiple projects concurrently
Preferred Qualifications
- Experience with Commercial Mortgage Backed Securities (CMBS), balance sheet, or debt fund lending
- Extensive knowledge of bank and CMBS lending programs and credit policies
- Experience with non-recourse, cash flow-based lending structures
- Strategic planning experience and ability to translate vision into executable initiatives
- Excellent communication skills with the ability to articulate complex material to diverse audiences
Benefits
- Health benefits
- 401(k) Plan
- Paid time off
- Disability, life, critical illness, and accident insurance
- Parental and critical caregiving leave
- Tuition reimbursement and scholarships for dependent children
- Commuter benefits
About the Company
Wells Fargo is a leading financial services company with approximately $2.1 trillion in assets. We provide a diversified set of banking, investment, and mortgage products and services through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management.
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Get started — it's freeExecutive Director, Senior Lead Commercial Real Estate Underwriter
Wells Fargo · New York
