Vice President, Lead Commercial Real Estate Underwriter

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.
Commercial Real Estate (CRE) provides a fully integrated platform of banking, financing, and capital markets solutions to commercial real estate clients including financial sponsors, institutional investors and asset managers, regional developers, and public and private corporations.
About this role:
Wells Fargo is seeking a Vice President, Lead Commercial Real Estate Underwriter within Multifamily & Community Capital (MCC). 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 relationships with various partners both throughout Multifamily & Community 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 & Community Capital on transactions
• Work closely with Wells Fargo Construction Monitoring team 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:

• 5+ 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:

• 5+ years' experience of underwriting multifamily transactions
• 5+ 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
• Visa sponsorship is not available
• Ability to work additional hours as needed
• Willingness to work on-site in accordance with current office requirements.
• 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.
$153,000.00 - $260,000.00
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:
29 Nov 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.
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.
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.
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