About This Role
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Real Estate Securitization & Capital Markets (RESCM) team is seeking a Commercial Real Estate Program Analyst to join the Conduit Underwriting team. RESCM is part of the Commercial Real Estate platform, which is one of the verticals within Corporate and Investment Banking ("CIB"). RESCM provides non-recourse, fixed and floating rate commercial real estate loans over a that are sold in the Commercial Mortgage Back Securities (CMBS) market.
Commercial Real Estate delivers a comprehensive suite of capital markets, banking, and financial products and services. Commercial Real Estate provides financing services to experienced real estate owners, developers, investors, and real estate investment trusts (REITs), through all stages of their growth and development. We've built the strongest commercial real estate lending platform in the industry.
The CIB Commercial Real Estate Early Career Development Program is non-rotational. Offers are made for a specific Commercial Real Estate business and location.
What The Program Offers
You will work closely with the senior bankers in your office to underwrite real estate and develop a deep understanding of market fundamentals. You will also assist senior bankers as they meet with their clients on a regular basis to ensure we continue to meet their needs and to identify future opportunities. You will become an integral part of your office's team and have the opportunity to assume a significant amount of responsibility that may include:
In This Role, You Will
- Work with senior staff to understand client needs and requirements and coordinate efforts to service clients by working closely with underwriting, pricing, and loan administration departments
- Work directly with brokers and borrowers to prepare underwriting models for loan analysis
- Develop and maintain knowledge of loan products and provide market intelligence to maintain competitive edge
- Prepare asset summary reports and credit memos for senior management and credit partner review
- Reviewing and assisting in the development of loan agreements and ancillary documents related to the closing of a transaction
- Participating in property tours and site visits to develop a deeper understanding of the viability of the real estate and the related transaction
- Engaging vendors to facilitate ordering and analyzing third-party reports, including appraisals, property condition reports, environmental reports, and costing analyses
Required Qualifications:
- 6+ months of Commercial Real Estate Relationship Management - Program experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Commercial Real Estate (CRE) experience, including underwriting, property analysis, cash flow modeling, valuation, and market research
- Familiarity with the various CRE asset classes, including office, retail, multifamily, industrial, self-storage, and hospitality
- Basic knowledge of capital markets lending and securitization, including familiarity with rating agency cash flow treatment and valuation
- Strong analytical skills with high attention to detail and accuracy
- Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
- Ability to work effectively, as well as independently, in a team environment
- Ability to interact with integrity and a high level of professionalism with all levels of customers, team members and management
- Intermediate Microsoft office skills, including advanced knowledge of accounting and finance function in Excel
- A BS/BA degree with a graduation in 2023
Job Expectations:
- Ability to work additional hours as needed
- Align with current 2-year cycle of Commercial Real Estate Analyst Program
- This position is not eligible for Visa sponsorship
- Posting may come down early based on applicant volume
Additional Compensation Details:
- Base pay range for this position is $115,000
- May be considered for an annual discretionary bonus
Posting Location:
- 333 S Grand Ave, Los Angeles, CA
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.
$69,900.00 - $124,300.00
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:
25 Apr 2025
- Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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.
Candidates applying to job openings posted in US: 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.
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
- Third-Party recordings are prohibited unless authorized by Wells Fargo.
- Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Reference Number
R-452356
