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.
About this role:
Wells Fargo is seeking an Analytics Consultant to support its Commercial Mortgage Servicing (CMS) division. The Analytic Consultant within CMS will be responsible for monthly reporting to investors on assigned Commercial Mortgage Backed Securities (CMBS) pools using Commercial Real Estate (CRE) Finance Council’s Investor Reporting Package (CREFC IRP) standards. Learn more about our career areas and lines of business at wellsfargojobs.com.
In this role, you will:
-
Calculating remittances accurately under strict deadlines per the applicable servicing agreement
-
Determination and non-recoverability analysis of principal and interest advances on delinquent loans for assigned transactions
-
Analysis and resolution of loan accounting and reporting issues/discrepancies
-
Maintaining loan servicing, accounting, and investor reporting systems
-
Assuring compliance with contractual obligations regarding reporting, fund transfers, and investor accounting
-
Conducting in-depth research and variance analysis of data
-
Understand compliance and risk management requirements for CMS
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:
-
2+ years of Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
-
Working knowledge of CREF-C reporting standards
-
Knowledge and understanding of CMBS
-
Strong analytical skills with high attention to detail and accuracy
-
Excellent verbal, written, and interpersonal communication skills
-
Knowledge and experience in servicing of commercial loans including CRE loan structures and accounting
-
Strategy loan servicing system experience
-
Ability to interpret and understand loan documents and servicing agreements
-
Prior investor reporting experience with emphasis in commercial mortgages
-
Demonstrate ability to multitask, prioritize, and work effectively while meeting tight deadlines with accuracy and minimal supervision
-
Self-starter and motivated individual who can work both independently and in a challenging, team-oriented work environment
-
Proven track record of problem-solving and process improvement
-
Intermediate Microsoft Office (Word, Excel, and Outlook) skills
-
Real estate management or property management experience
-
Real estate underwriting experience
-
A BS/BA degree or higher
Job Expectations:
-
Ability to work additional hours as needed
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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
