Join the dynamic team at Wells Fargo Bank - a company Forbes ranks among the world’s top 50 companies based on a composite of sales, assets, profits and market value. It is also in the top 20 among all U.S. companies in profits and market value and is one of America’s 30 largest private employers.

To apply for this great opportunity as a Financial Analyst (Commercial Real Estate), go to your NYU CareerNet account (ID #XXXXXX).  

Analyst will be hired directly for a formal credit training program, which consists of approximately 24 months of on the job training in a Real Estate Group office (located in Short Hills, NJ) followed by a 6 month formal credit training program in San Francisco, CA and subsequent career advancement opportunities. Analyst will undergo extensive training to build and strengthen core underwriting skills, and will immediately become part of an integral part of a team and have the opportunity to assume significant responsibility.  Analyst will assist relationship managers in financial and statistical analyses, conducting research, preparing support documentation and assisting in due diligence efforts related to commercial real estate financing.  General responsibilities will include financial analysis of borrowers and guarantors to assess credit strength, and analysis / underwriting of construction and acquisition loans and working capital lines of credit. Strong Microsoft Excel / Word skills are necessary. 

 Wells Fargo’s Real Estate businesses serve top tiered, experienced developers and investors of income producing real estate, including retail, office, industrial, and multi-family properties.  The Commercial Real Estate Group provides construction loans for commercial and residential development, land acquisition and development loans, secured and unsecured lines of credit, interim and long term financing arrangements for completed structures, redevelopment loans, and letters of credit.

 Job responsibilities will include:

1.) Financial modeling to identify the potential financial performance of an asset, underwriting of risks associated with supply and demand, interest rates, and expenses

2.) Preparation of information memorandums and recommendations for the senior credit committee

3.) Researching real estate markets to assess demand, potential for demand, growth rates, competitiveness of comparable properties, and risk presented by new supply

4.) Analyzing deal structures and providing pricing guidance for complex multi-million dollar transactions

5.) Reviewing and assisting with loan agreements and ancillary documents related to the closing of the transaction

I feel like I need to devote a seperate post to the past weekend. Hopefully should get time today to type that up as well.

Apparently there was a broken train earlier this evening and as a result every train was delayed for 30 minyuea as they tried to fix the problem. At least I knew about the issuse through Clever Commute and was able to enter the station from the back and not get stuck waiting. But that is beside the point.

How would I fix this problem? Simple, dig more tunnels. I know they are building a tunnel for the west side access but that won’t be done for 5 years. Till then build another tunnel. What’s more, the economy is crappy, use this as a massive public relief project; anyone that wants a good paying job can come and help dig this tunnel. I’m sure we can get it done.

Either hopefully I’ll be moved out to Hoboken early next year and won’t have to deal with these problems.