Executive Director, Senior Lead Commercial Real Estate Underwriter at Wells Fargo
JOB DESCRIPTION
Executive Director, Senior Lead Commercial Real Estate Underwriter
Wells Fargo is seeking an Executive Director, Senior Lead Commercial Real Estate Underwriter within Multifamily Capital & Community Lending and Investment. In coordination with our relationship management and closing teams, this professional will be responsible for underwriting the largest and most complex affordable housing loan requests.
In this role, you will:
- Maintain a comprehensive knowledge and understanding of Freddie Mac and Fannie Mae multifamily underwriting guidelines and requirements, with specific focus on affordable housing programs
- Build and maintain strong relationship with various partners both throughout Multifamily Capital and, more broadly, the Wells Fargo Commercial Real Estate (CRE) business line as well as our GSE partners
- Perform property inspections
- Analyze credit of tenants and borrowers
- Coordinate with the loan closing team throughout the negotiation process
- Make recommendations to credit for prospective loans
- Serve as a leader and industry expert on the team, sharing best practices and expertise with more junior team members
- Review third party reports including appraisals, environmental reports (phase I and II), and engineering reports
- Work closely with Multifamily Capital / Community Lending and Investment (CLI) on transactions wherein the groups partner
- Work closely with WF Construction Monitoring group to process and close loans on rehabilitations and new construction
- Collaborate and consult with Commercial Real Estate Underwriting peers, colleagues, and mid-level to more experienced managers to resolve issues and achieve goals
Required Qualifications:
- 7+ years 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:
- 7+ years' experience of underwriting multifamily transactions
- 7+ years' experience Fannie Mae and Freddie Mac multifamily affordable loans
- Experience with tax credit equity or construction loan debt products.
- Experience performing property inspections
- Experience analyzing credit of tenants and borrowers.
- Experience reviewing third party reports including appraisals, environmental reports (phase I and II), and engineering reports
- Leadership experience
- Strong analytical skills with high attention to detail and accuracy
- Excellent verbal, written, and interpersonal communication skills
- Ability to work effectively, as well as independently, in a team environment
- A BS/BA degree or higher
Job Expectations:
- Ability to travel as needed
- Willingness to work on-site in accordance with current office requirements
- Ability to work additional hours as needed
- This position is not eligible for VISA sponsorship
- This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
- Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.
$159,000.00 - $305,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Posting End Date:
13 Jul 2026
* 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.