CONSUMER LN UNDERWRITER 3
Job Field: Government Jobs
Location: SAN BERNARDINO, CA
Salary: $Not stated
JOB SUMMARY:
</tr>
<tr><td valign="top" width="450"><b>At Wells Fargo, people are our competitive advantage. For over 160 years, we have been helping our customers succeed financially and offering superior service. It s not just our mission, it s our passion. And we know it begins with outstanding talent. We ve built our team of top mortgage professionals by rewarding their accomplishments and by ensuring they have the tools, training, and coaching to succeed even farther. Wells Fargo Home Mortgage is the nation s number one retail mortgage lender. In the ever-dynamic mortgage environment, you want to be with a lender who has the strength, stability, and reputation to grow your career. Join a Company that Values You by: - Providing you the best in class on-boarding and on the job training curriculum. - Encouraging you to exercise expert judgment in formulating your credit decisions. - Utilizing a state of the art paperless origination and underwriting system that will help improve your quality while enhancing the customer experience. - Rewarding you through competitive compensation and individually based monthly incentive plans. Underwriters will be 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, functions may include: - Reviewing financial statements, credit reports, and applicable ratios(i.e. Debt ratios, loan-to-value). - Evaluating & 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. - Contacting customers and partners to gather information to make appropriate decisions, explain rationale behind credit decision. - May provide work direction and/or training to lower level team members and provide performance feedback to supervisor/manager. We are continuing to build our industry-leading mortgage underwriting team! Take your career as far as your ambition and desire will carry you. Join our team today !Basic Qualifications: 4+ years underwriting experience.Minimum Qualifications: 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. Extensive mortgage underwriting experience which includes but not limited to: - Experience with income analysis with includes exposure to reviewing Self employment, Corporate, and Partnerships tax returns. - Advanced asset analysis and experience working with all types, and experience with layering risk and evaluation. - Thorough understanding of underwriting policies and procedures, including investor guidelines and regulatory updates. - Prior experience underwriting/signing authority of 475k or higher. - Ability to handle confidential material in a professional, highly ethical manner. - Excellent verbal and written communication skills and possess a high degree of attention to detail. - Strong 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. - Experience in talking with the borrower about loan decisions. - 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.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/HR
KEY REQUIREMENTS:
Not stated