Commercial Real Estate Underwriting Associate

About this role:
Wells Fargo is seeking a Commercial Real Estate Underwriter.
In this role, you will:

• Responsible for evaluating financial performance of borrower / guarantor based on a variety of factors and determining an appropriate risk rating, both qualitative and quantitative. This would include review of financial statements and compare it against CRE guidelines.
• Analyzing historical cash flows and developing proforma based on historical performance of the property and relevant market data.
• Evaluate existing leases within the property to determine possible impact on cash flows by reviewing for pertinent clauses, such as termination options / go dark.
• Review loan documents and summarize salient facts of the loan and ongoing covenants (both financial and non-financial) to be maintained by the borrower.
• Perform market research of real estate using various third party applications and compare performance of subject property against market data to draw conclusion of overall performance.
• Review third party documents, such as appraisal, site inspection report, property condition assessment report to infer overall performance of the property and identify significant factors which may impact asset.

• Document and synthesize all of the findings based on above mentioned reviews.
• Quality check of work performed by junior team members and provide appropriate feedback on the same.
• Understand the feedback received from the onshore team members and disseminate the same to the team.
• Provide training to the team members and educate them on different scenarios.
• Effectively communicate with Underwriters and Asset Managers and make sure to deliver the desired output.

• Participate in reviewing and issuing applications under the direction of a more experienced underwriter and identify opportunities for process improvements within scope of responsibilities or Commercial Real Estate Underwriting functional area
• Present recommendations for resolving more complex situations and exercise independent judgement while developing expertise in the function, policies, procedures, and compliance requirements

Collaborate and consult with Commercial Real Estate Underwriting colleagues, internal partners, and stakeholders, including internal and external customers
Required Qualifications:

• 6+ months of Commercial Real Estate Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Ability to read, comprehend and synthesize data regarding property performance / market related information from multiple sources into one prescribed template.
• Knowledge of mortgages, real estate market, and financial lending.
• Sound understanding of commercial credit analysis techniques including cash flow analysis, financial concepts and valuation of collateral.
• Good knowledge with excel skills.
• Excellent communication skills, with good comprehension and business writing skills.
• Analytical bent of mind and ability to draw pattern from discrete set of data.
• Master Degree in Accounting, Finance, Economics
• Any professional Finance/Accounting/Economics certification would be a plus

Job Expectations:

• Ensure that all the sub-process SLAs are met
• Ensure that all the procedure manuals, process maps are upto date
• Work Tracking and Equitable Assignment
• Develop understanding of the business beyond task / process based knowledge
• Share Best Practices with team.
• Proactive idea generation in automation / efficiency opportunities
• Contribute towards Hard Dollar Save projects / Risk Reduction project, efficiency project
• Overlook the training process.
• Conduct functional trainings for TMs.
• Study various application enhancements and promote culture of adoption within the team
• Promptly answer all queries / questions from onshore.
• Actively participate in all Team Meetings / Huddles
• Participate in all applicable Org/Function level town halls

Posting End Date:
7 Nov 2025
*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. 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.
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 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.
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:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.