Consumer Loan Underwriter 3

Location
Chandler, Arizona
Posted
September 17 2020
Ref
5551272-4
Industry
Banking
Job Description

Important Note: If you are selected to move forward in the process, next steps for this job may include an on-line assessment and a video screen. Please make sure your profile includes a current email address that you check regularly (including your spam folder) as the invitations for these activities will be emailed to you. For internal candidates, you must apply via the Jobs site on Teamworks or Teamworks at Home and please ensure your profile lists a personal (external) email address as your primary email address so you can receive communications and complete these potential activities. Please refer to the Team Member Handbook for more information on the Internal Job Opportunities Process. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Consumer Banking is an industry leader in supporting homeowners and consumers in addition to operating one of the most extensive banking franchises in the country. We serve mass market, affluent, and small business customers; as well as provide home and personal lending. Our focus is on delivering an exceptional experience for our customers through financial advice and guidance coupled with providing the products and services that will help them realize their financial hopes and dreams. We've built our team of top professionals by rewarding their accomplishments and ensuring they have what's needed to succeed.

Wells Fargo is looking to hire a Consumer Loan Underwriter in our Line Management Team within the Home Equity Lending Management Operations Department (HELMO). At Wells Fargo, we strongly believe in responsible lending principles and we know that a changing economy or unexpected events may affect our borrower's financial status. Because of this, Wells Fargo conducts account reviews of home equity lines of credit to ensure that the credit limit on the account is in line with a borrower's current financial condition.

Roles & Responsibilities:
This position is responsible for reviewing, analyzing, approving and underwriting large, unusual or complex individual consumer requests and products within company and industry guidelines.

Dependent on division and complexity of underwriting tasks, functions may include:
•Reviewing financial statements, credit reports, and applicable ratios (i.e. Debt ratios, loan-to-value).
•Evaluating and examining transactions to ensure accuracy and completeness.
•Preparing formal reports for review.
•Ensuring that documents are consistent and uphold to company and industry guidelines.
•Implementing fraud detection techniques, performing compliance reviews.
•Assisting with re-negotiations of loans based on lending guidelines.

**The selected candidate will be reporting to our Hillsboro, OR Servicing site. This position will offer the ability to work remote within a commutable distance of the listed Wells Fargo Servicing sites. Site locations are listed on the job posting.

Required Qualifications

  • 4+ years of underwriting experience


Desired Qualifications

  • Basic Microsoft Office skills
  • Strong analytical skills including analyzing complex data
  • Excellent verbal, written, and interpersonal communication skills
  • Ability to interact with all levels of an organization
  • Strong time management skills and ability to meet deadlines
  • Experience articulating issues, risks, and proposed solutions to various levels of staff and management
  • Experience analyzing accounting principles, tax returns, and business and personal financial statements
  • Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important


Other Desired Qualifications
  • Ability to underwrite to multiple underwriting policies and procedures simultaneously
  • Home Equity and/or Line Management department experience to include income and tax return analysis, knowledge of the various property valuation products and title review


Job Expectations

  • 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.


Salary Information

The salary range displayed below is based on a Full-time 40 hour a week schedule.

OR-Hillsboro: Min: $51,100 Mid: $71,000
IA-West Des Moines: Min: $51,100 Mid: $71,000
SD-Sioux Falls: Min: $46,000 Mid: $63,900
SC-Fort Mill: Min: $51,100 Mid: $71,000
TX-San Antonio: Min: $51,100 Mid: $71,000
AZ-Chandler: Min: $51,100 Mid: $71,000
CA-San Bernardino: Min: $56,200 Mid: $78,100
FL-Jacksonville: Min: $51,100 Mid: $71,000

Street Address

OR-Hillsboro: 10500 NE Walker Road - Hillsboro, OR
IA-West Des Moines: 800 S Jordan Creek Pkwy - West Des Moines, IA
SD-Sioux Falls: 3201 N 4th Ave - Sioux Falls, SD
SC-Fort Mill: 3480 State View Blvd - Fort Mill, SC
TX-San Antonio: 4101 Wiseman Blvd - San Antonio, TX
AZ-Chandler: 2850 S Price Road - Chandler, AZ
CA-San Bernardino: 1003 E Brier Dr - San Bernardino, CA
FL-Jacksonville: 3563 Philips Hwy - Jacksonville, FL

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

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