Live chat
Wells Fargo

Private Business Loan Underwriter 2 (SBA Construction Loan Manager)

Wells Fargo - San Francisco, CA

Wells Fargo Small Business Administration Lending (WFSBA) is seeking an energetic, experienced underwriting professional with proven credit skills and the ability to communicate effectively for the position of Private/Business Loan Underwriter 2 (SBA Construction Loan Manager) located in our San Jose or San Francisco, California location. SBA Lending is part of the Business Banking Group within Wholesale Banking.

This individual will be part of our Construction Loan Underwriting Team within WFSBA. As a whole, WFSBA is responsible for the production, management and servicing of a $10B+ portfolio of government guaranteed SBA 7(A) loans, 504 real estate loans, City, State, & Mezzanine Financed Loan Programs.

Responsibilities:

* Reviews the feasibility and manages the evaluation of small business commercial real estate construction loans offered by Wells Fargo SBA Lending

* Analyzes construction project budgets, collateral valuation and contractor information

* Timely identification and documentation of adverse & key construction risk

* Manages ongoing portfolio of projects during disbursement period, including periodic review of borrower's financial statements

* Reviews and coordinates documentation between borrower, contractor, certified development companies, construction consultants, mezzanine financing agents and bank loan closing officers

* Manages the customer experience from the time of credit application until project completion has occurred and permanent financing is put in place

* Maintenance of division’s credit policies and compliance requirements

* Makes sound/correct construction underwriting recommendations

* Customer-facing contact

* Being the subject matter expert in the industry

/Team members 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 underwriting experience

* 1+ year of business banking or commercial banking experience

Desired Qualifications:

* Excellent verbal, written, and interpersonal communication skills

* Good analytical skills with high attention to detail and accuracy

* Residential or commercial loan experience

* 1+ year of commercial underwriting experience

* Knowledge and understanding of construction and construction lending

* Strong commercial credit analysis skills

* Knowledge and understanding of CRM, Small Business Administration products, or Credit Origination systems

* Knowledge and understanding of Small Business Administration (SBA) Standard Operating Procedures (SOP) and Policies

* Ability to work in a fast paced deadline driven environment

* A BS/BA degree or higher

* Knowledge and understanding of Athena (A+/Athena) contact management system or BLAST (Business Lending and Sales Tracking) system

How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psp/PSEA/APPLICANT_NW/HRMS/c/HRS_HRAM.HRS_APP_SCHJOB.GBL?Page=HRS_APP_JBPST&FOCUS=Applicant&SiteId=1&JobOpeningId=5366582&PostingSeq=1.

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

11 days 11 hours ago

Wells Fargo

apply

Private Business Loan Underwriter 2 (SBA Construction Loan Manager) Wells Fargo - San Francisco, CA, United States

   

Location: San Francisco, CA

Company Profile:
Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. The company’s Community Banking segment offers checking and market rate accounts, savings and time deposits, individual retirement accounts, and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and credit and debit cards. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, health savings accounts, and merchant payment processing and private label financing solutions, as well as purchases retail installment contracts. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, insurance, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; commercial real estate loan servicing; and real estate and mortgage brokerage services. The company’s Wealth, Brokerage, and Retirement segment offers financial advisory, wealth management, brokerage, retirement, trust, and reinsurance services. As of March 7, 2014, it operated through 9,000 locations and 12,000 ATMs, and offices in 36 countries, as well as through wellsfargo.com. The Company was founded in 1852 and is headquartered in San Francisco, California.