Our competitive advantage: People. It all begins with outstanding talent. Our vision: Helping our customers succeed financially. Our product: Service - for over 160 years. Our culture: "Wow!" In Wells Fargo''s Consumer Lending Group (CLG), we''ve built our team of top professionals by rewarding their accomplishments and ensuring they have what''s needed to succeed. The CLG team includes our home mortgage, home equity, consumer credit card, personal loans and lines, direct auto, dealer services and commercial auto, retail services and education financial services businesses. Join the #1 Mortgage originator and servicer (Source: Inside Mortgage Finance) Our Fulfillment Team: Originates and services mortgage loans using fair and responsible lending practices to help turn houses into homes. This position will report to the Retail Loss Prevention Team. The Retail Loss Prevention Team is in charge of catching and mitigating fraud from a prefunding perspective. We are the liaison between Fulfillment and Fraud Risk Management. Our main function is to utilize a fraud mitigation tool called Loan Safe to identify possible red flags and to work closely with our Fulfillment partners to stop fraud prior to closing. Responsible for reviewing, analyzing, approving and underwriting moderate individual consumer requests and products within company and industry guidelines. Dependent on division, functions may include evaluating and ensuring overall loan documents are accurate, complete, and compliant; reviewing of financial statements, credit reports, applicable ratios (i.e. Debt ratios, loan-to-value) and other supporting documentation; using an automated scoring system or traditional underwriting to determine acceptability of moderate requests; 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.
Basic Qualifications: 2+ years underwriting or related industry experience.
Minimum Qualifications: -Basic understanding of underwriting policies and procedures. -Ability to handle confidential material in a professional, highly ethical manner. -Strong verbal and written communication skills and possess a high degree of attention to detail. -Interpersonal skills to build and maintain professional relationships with clients, customers, and co-workers. -Time management and organization skills to effectively prioritize multiple objectives and achieve volume goals. -Must be able to work in a production/flexible environment. -Work overtime as needed. -Intermediate PC and keyboarding skills, including experience with Windows operating systems. This position requires compliance with all mortgage regulatory requirements and Wells Fargo''s compliance policies related to these requirements including acceptable background check investigation results. Successful candidates must also meet ongoing regulatory requirements including additional screening and required reporting of certain incidents.
Preferred Skills: -Knowledge of 3rd party vendor tools.
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=3712562.
WELLS FARGO IS AN AFFIRMATIVE ACTION AND EQUAL OPPORTUNITY EMPLOYER M/F/D/V.