Analytic Consultant 2 - Rating Agency and Investor Communications (Commercial Mortgage Servicing)

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) operates throughout the United States, as well as Canada and the United Kingdom, 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.

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.

The Data Stewardship, Analytics & Reporting Team (a division of CMS) is seeking a member for the Rating Agency and Investor Relations Team in Charlotte, NC. The Team manages Rating Agency and Investor inquiries, including requests from named Deal Participants for CMBS deals where Wells Fargo is named Master or Special Servicer.  This position serves a crucial role in the surveillance and reporting of the financial operating condition of commercial properties to the CREFC community (ie: Rating Agencies, Trustees, Special Servicers, and Asset Managers). Reporting accuracy, completeness, and timeliness are key success factors.

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

• Interaction with Controlling Class Representative (CCR) certificate-holders and prospective certificate-holders in CMBS and CLO/CDOs, including the holders and potential holders of all classes of bonds senior in priority to the Controlling Class
• Managing access to the Investor/Rating Agency View of CMS View and help users navigate CMS View
• Corresponding with external parties to gather, analyze and communicate information related to borrower/property credit performance, as well as providing rent rolls, operating statements, property inspections and other information
• Communicating with assigned Rating Agencies on non-17G-5 deals during their Deal Review and on-going surveillance process
• Adhering closely to the Dodd-Frank regulation governing communication with assigned Rating Agencies and Information Providers on 17G-5 deals to fulfill Rating Agency requests during their Deal Review and on-going surveillance process
• Working closely with Asset Management and Relationship Management Teams on Rating Agency Consent (RAC) matters
• Compiling information and presenting trends/analysis on deal and bond ratings to management on a monthly basis
• Working in conjunction with Data Stewardship, Analytics & Reporting Team’s internal business partner, Wells Fargo India (WFI), to insure efficiency and quality standards are achieved in a collaborative manner.

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.

• 4+ years of reporting experience, analytics experience, or a combination of both demonstrated through work or military experience; or a BS/BA degree or higher in a quantitative field such as applied math, statistics, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis and 2+ years of reporting experience, analytics experience, or a combination of both

• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Outstanding problem solving and decision making skills
• Good analytical skills including strategically analyzing data and diagnosing opportunities/interventions
• Ability to work effectively, as well as independently, in a team environment
• Intermediate Microsoft Excel skills
• Intermediate Microsoft PowerPoint skills

•  2+ years of commercial real estate, mortgage banking, or mortgage loan servicing experience

• 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
 

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.