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 Capital Markets Document Negotiator to support our Commercial Real Estate (CRE) Commercial Mortgage Loan & Securities Finance (CMLSF) division. Learn more about our career areas and lines of business at wellsfargojobs.com.
In this role, you will:
Support CMLSF origination, underwriting, closing and portfolio management activities
Assist with the preparation of term sheets and oversee the preparation, negotiation and tracking of legal agreements, including commercial mortgage loan repurchase agreements
Collaborate with and influence CRE and CMLSF peers and others on difficult or problem issues to ensure documents are negotiated and administered appropriately and include necessary provisions and practices to mitigate legal, credit and operational risk
Facilitate transaction fundings and waterfall settlements
Assist with portfolio reporting activities
Correspond and communicate with external clients regarding the end-to-end processing of transactions
Work closely with internal groups, including Legal and Operations, to ensure a solid working relationship with business partners
Enforce adherence to compliance standards, applicable policies and CMLSF procedures
Work on various projects and strategic initiatives, including the identification, development and implementation of opportunities for process improvement and the tracking, monitoring and reporting of performance metrics
Employees support our focus on building strong client relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our clients 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 an 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:
4+ years of Capital Markets Document Negotiation experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Ability to work in a team environment, as well as independently and without direct oversight
Ability to work in a fast-paced, high-volume environment with multiple demanding priorities
Strong interpersonal communication skills including the ability to interact at all levels of an organization as well as with external parties
Moderate to advanced proficiency with MS Word, PowerPoint, Excel
Foundational understanding of securitized lending
Experience directing the closing of commercial real estate, asset-backed or other structured finance transactions
Project management experience
Legal background including, but not limited to, paralegal certificate or Juris Doctor (JD)
Understand the underlying transaction and security documents with ability to grasp and articulate basic credit, operational, legal and business issues which arise during the underwriting, negotiation and administration processes
Job Expectations:
Ability to work additional hours as needed
This position is not eligible for Visa sponsorship.
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.
Posting End Date: 11 Nov 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 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.
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.