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Client Manager 2, Commercial Mortgage Servicing

Employer
Wells Fargo
Location
Minneapolis
Salary
51100.00 USD Annual

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Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.

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.

Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.

Commercial Real Estate (CRE) is part of Corporate and Investment Banking (CIB), one of five CEO-led businesses for Wells Fargo. CRE operates globally to deliver a comprehensive platform of financing and banking products for experienced commercial real estate companies including balance sheet lending, CMBS origination and distribution, loan servicing, agency financing for multifamily properties, and debt and equity capital for affordable housing. In addition to being the #1 CRE lender in the U.S., Wells Fargo CRE has also earned other notable accolades, including being the #1 Affordable Housing Lender and the #1 Commercial Mortgage Servicer.

Commercial Mortgage Servicing (CMS) is the industry leader and provider of real estate loan servicing in the United States, with global locations in India. CMS provides the best in class mortgage servicing for a variety of third party customers and stakeholders, including Commercial Mortgage Backed Securities (CMBS), Mortgage Backed Securities (MBS), US Government-Sponsored Entities (GSE), US Department of Housing and Urban Development (HUD), Interim Lenders, Specialized Warehouse Lenders, and Secondary-Market Lenders. CMS also provides loan and portfolio level asset management for SRE/Real Estate Capital markets (RECM) balance sheet loans and loan and facility level asset management for Commercial Mortgage Loan Finance (CMLF). Services include: payment and escrow processing, cash and treasury management, asset management and surveillance - loan covenants, borrower consent requests, and investor reporting and collateral administration.

Specialized Cash Management is a specialized group of real estate professionals that focus on Cash Management/Treasury Sales for real estate Owner Operators and real estate Borrowers, Lenders, Originators, and Servicers.

The Client Manager 2 within this team develops and maintains client relationships with critical/complex clients and generates revenues, originates, structures, and executes transactions related to Servicing and/or Cash Management agreements while managing expectations of loan originators and servicers both external and internal.

Responsibilities for this position include, but are not limited to:

  • Servicing cash management, and/or treasury products and services, Commercial Mortgage-Backed Securities (CMBS), legal documentation negotiation and credit/risk management
  • Fielding calls and evaluating client needs
  • Clarifying and articulating the value of Treasury Management product features and functionality
  • Consulting with clients regarding alternatives and determines customized solutions that best suits their needs
  • Monitoring implementation timelines and service level agreements
  • Ensuring that accounts are in compliance with government and bank policies
  • Acting as key pre- and post-sales liaison
  • Providing audit support

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.

The salary range below is based on a Full time 40 hour a week schedule.
Salary range is determined by the location of the job.
MN-Minneapolis: Min: $51,100 Mid: $71,000
CO-Denver: Min: $51,100 Mid: $71,000
TX-HOU-Downtown: Min: $51,100 Mid: $71,000
AZ-Scottsdale: Min: $51,100 Mid: $71,000
TX-DAL-Downtown Dallas: Min: $51,100 Mid: $71,000

May be considered for a discretionary bonus.
Visit for benefits information.



Required Qualifications

  • 2+ years of relationship management experience



Desired Qualifications

  • 2+ years of sales or sales support experience
  • Banking industry experience
  • Hogan experience
  • Treasury management experience
  • Excellent verbal, written, and interpersonal communication skills
  • Knowledge and understanding of Anti Money Laundering (AML) and Bank Secrecy Act (BSA)
  • Experience using Wells Fargo Cornerstone system



Job Expectations

  • Ability to work additional hours as needed



Salary Information

The salary range displayed below is based on a Full-time 40 hour a week schedule.

MN-Minneapolis: Min: $51,100 Mid: $71,000
CO-Denver: Min: $51,100 Mid: $71,000
TX-HOU-Downtown: Min: $51,100 Mid: $71,000
AZ-Scottsdale: Min: $51,100 Mid: $71,000
TX-DAL-Downtown Dallas: Min: $51,100 Mid: $71,000



Street Address

TX-HOU-Downtown: 1000 Louisiana St - Houston, TX
AZ-Scottsdale: 8601 N Scottsdale Rd - Scottsdale, AZ
TX-DAL-Downtown Dallas: 1445 Ross Ave - Dallas, TX
MN-Minneapolis: 90 S 7th St - Minneapolis, MN
CO-Denver: 1700 Lincoln St - Denver, CO



Disclaimer


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.



Benefits Summary

Benefits

Visit for benefits information.

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