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Wholesale Loan Administrator 3 (Community Lending and Investment)
Wells Fargo
Job Description Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application. At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses. Community Lending and Investment (CLI) is a specialty real estate group within the Commercial Real Estate organization which focuses on the financing and development of affordable housing and other activities across the United States. Primary product is Low Income Housing Tax Credit (LIHTC) investment in apartments. Additional business focus is on New Market Tax Credits which finance the development of commercial real estate, typically in redevelopment areas with emphasis on job creation. Other products include long term, patient capital loans to non-profit organizations, and working capital loans to community development financial institutions. This Wholesale Loan Administrator 3 within CLI will be responsible for a variety of pre-close and post-close activities for moderately complex to complex, standard and workout community development loans: Responsibilities for this position include, but are not limited to:
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. Required Qualifications Desired Qualifications Other Desired Qualifications
Job Expectations Salary Information The salary range displayed below is based on a Full-time 40 hour a week schedule. Street Address MN-Minneapolis: 600 S 4th St - Minneapolis, MN Disclaimer
Benefits Summary Benefits Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.
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