at Wells Fargo in CHICAGO, Illinois, United States
Job Description
Why Wells Fargo:
Are you ready for the next step in your career? This is where it begins – at a company known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. We ranked #2 on the 2023 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S. We’re especially proud of our tangible, meaningful commitment to diversity, equity, and inclusion in the workplace. When it comes to employees’ financial health, we offer competitive salaries and generous benefits package. Apply today.
About this role:
Wells Fargo is seeking a Senior Agency Originator to originate Government Sponsored Enterprise (GSE) Agency loans, loans insured by Federal Housing Administration (FHA) of the US Department of Housing and Urban Development (HUD) and/or balance sheet loans. Learn more about our career areas and lines of business at wellsfargojobs.com.
In this role, you will:
+ Identify, pursue, originate and close commercial mortgages that meet the approved guidelines of Fannie Mae, Freddie Mac and FHA multifamily, affordable, senior, student, manufactured housing and healthcare programs
+ Develop a sustainable book of business that is diversified across the agencies and clients with the goal of enhancing overall relationships
+ Execute on referrals from within the Corporation in a timely manner while always keeping referring team member up to date
+ If a CRE LOB or group has been assigned for coverage, proactively work the assignment under a “One CRE” approach to develop the relationship that will lead to new originations as well as educate the CRE team on Agency financing
+ Act as an advisor to leadership to develop or influence complex initiatives regarding loan products for advanced market intelligence to maintain results-oriented edge across Commercial Mortgage Banking
+ Lead the strategy and resolution of highly complex and unique challenges requiring in-depth evaluation across markets, investors, and rating agencies that require in-depth evaluation of multiple factors including intangibles or unprecedented factors, delivering solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical and inductive thinking
+ Provide vision, direction and expertise to leadership on implementing innovative and significant business solutions for credit research, loan products, rates, and terms with customers requiring solid understanding of the function, policies, procedures, and compliance requirements
+ Strategically engage with peers, colleagues, and managers to resolve issues and achieve goals and serve as an expert advisor to leadership
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:
+ 10+ years of Commercial Mortgage Banking experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
+ Experience with and understanding of Government Sponsored Enterprise (GSE) multifamily lending programs (Fannie Mae/Freddie Mac) and FHA/GNMA multifamily lending programs
+ Ability to develop and maintain strong client relationships
+ Ability to generate revenue and actively participate in the successful completion of complex transactions
+ Familiarity with the multifamily real estate markets within assigned location
+ Ability to interact effectively and confidently with senior management
+ Excellent verbal, written, and interpersonal communication skills
+ High level of initiative and accountability
+ A BS/BA degree or higher
Job Expectations:
+ Ability to travel up to 30% of the time
Pay Range:
+ $125,000.00 – $200,000.00 USD Base Annually plus Commissions
+ This position is largely commissioned pay
Posting Locations:
+ 1445 Ross Ave, Dallas, Texas
+ 10 S Wacker Dr, Chicago, Illinois
+ 2030 Main St, Irvine, California
+ 333 Grand Ave, Los Angeles, California
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.
This position is not eligible for Visa sponsorship.
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.
$120,400.00 – $262,600.00
Benefits
Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits – Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.
+ 401(k) Plan
+ Paid Time Off
+ Parental Leave
+ Critical Caregiving Leave
+ Discounts and Savings
+ Health Benefits
+ Commuter Benefits
+ Tuition Reimbursement
+ Scholarships for dependent children
+ Adoption Reimbursement
Posting End Date:
4 Aug 2024
- 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 empl
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