The Consumer Loan Underwriter 3 position is responsible for reviewing, analyzing, underwriting approving/declining, large, unusual, or complex individual and joint consumer credit requests for products within company and industry guidelines. Job functions may include: * Evaluating and ensuring overall loan transaction and documents are accurate, complete, and compliant, upholding to company and industry guidelines * Applying knowledge of standard underwriting procedures, creditor financial analysis techniques * Reviewing and correcting analysis of financial documents * Reviewing credit reports and interpreting the data * Calculation of applicable ratios to determine affordability, credit utilization, asset coverage, etc. * Reviewing supporting documentation for truthfulness and accuracy * Implementation of fraud detection and prevention techniques, performing compliance reviews * Understanding of the use of automated scoring system * Contacting customers and partners to gather information to make appropriate decisions, explain rationale behind credit decisions, and/or to sell/promote line products * Staying abreast of any changes in underwriting provisions * Working with production to resolve questions when possible * Assisting with re-negotiations of loans based on lending guidelines * May provide work direction and/or training to lower level team members and provide performance feedback to supervisor/manager * Ability to work required hours which may include: Weekend shifts, overtime, and work hours beyond 6:00 pm.
Basic Qualifications: 4+ years underwriting experience.
Minimum Qualifications: * 4+ years of Consumer Lending Underwriting experience * Solid communication skills, both oral and written * Excellent telephone and customer service skills * Ability to clearly explain and document rationale for a credit decision * Ability to sell and promote the product line to both internal and external customers * Possess a high degree of attention to detail * Adaptable to a flexible and production oriented environment * Ability to stay abreast of changes within the line of business, bank, industry and current economic environment * Ability to work well within a competitive and team based environment * Ability to support and interact with the business unit s sales team * Analytical skills to include reviewing and understanding tax return documents * Fully functional on standard Microsoft Office programs and similar computer operations * Must be able to work required hours which may include weekend shifts, overtime, and work hours after 6:00 pm
Preferred Skills: * 4+ years of Consumer Lending experience in a judgmental environment where scoring models were used primarily as a guidance tool * 1+ years of back-end collections experience with a consumer lending institution * Analytical skills for complex tax returns
How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psp/PSEA/APPLICANT_NW/HRMS/c/HRS_HRAM.HRS_CE.GBL?Page=HRS_CE_HM_PRE&Action=A&SiteID=1&Opening=3704016.
WELLS FARGO IS AN AFFIRMATIVE ACTION AND EQUAL OPPORTUNITY EMPLOYER M/F/D/V.