Senior Underwriter

About this role:

Wells Fargo is seeking a Senior Underwriter (SAFE) in Consumer Lending as part of Home Lending. Learn more about our career areas and lines of business at ~~~ .

In this role you will:

• Be responsible for reviewing, analyzing, approving, and underwriting routine individual consumer requests and products with few deviations and within company and industry guidelines.

• Review credit applications, credit bureau information, collateral valuation, tax returns, financial statements, and or other supporting documentation to recommend or approve requests within deaccessioning authority levels by way of automated scoring system or traditional underwriting.

• Assist with the calculations and preparation of reports for review.

• Ensure credit files are current, complete, and compliant with company standards.

• Present recommendations for resolving situations and exercise some independent judgment while developing understanding of the Underwriting role.

• Collaborate with individuals and managers to handle inquiries and achieve objectives.

• Mentor peers and less experienced staff

• This SAFE position has customer contact and job duties which may include the offering/negotiating of terms and/or taking an application for a dwelling secured transaction. As such, this position requires compliance with the S.A.F.E. Mortgage Licensing Act of 2008 and all related regulations. Ongoing employment is contingent upon meeting all such requirements, including acceptable background investigation results. Individuals in a SAFE position also must meet the Loan Originator requirements under Regulation Z (LO) outlined in the job expectations below.

Required Qualifications:

• 4+ years of Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• 4+ years mortgage/commercial credit underwriting experience, AND 24 month documented jumbo lending and/or portfolio/Home Equity experience, OR >1 year at Non-Agency MCD3 OR Holds an active equivalent authority level in a different origination system.

• Eligible employees with active lending authority must be in good quality standing defined as: Not currently in any outlier status, AND no actionable outlier occurrences in the last 6 months, AND not currently on a quality action plan.

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.

• Previous Knowledge and experience with Non-Agency Loans/Underwriting

• Previous Knowledge & Experience Lending Authority

• Previous Portfolio Underwriting Experience

• Experience analyzing complex income review.

• Exposure To and/or Experience with the Wells Fargo's CORE origination system

Job Expectations:

• This position requires SAFE registration at the time of employment. Wells Fargo will initiate the SAFE registration process immediately after your employment start date. The Nationwide Mortgage Licensing System (NMLS) website (~~~) provides the MU4R questions and registration required for employment in this position. Individuals in Loan Originator (LO) positions must meet the Consumer Financial Protection Bureau qualification requirements and comply with related Wells Fargo policies. The LO qualification requirements include meeting applicable financial responsibility, character, general financial fitness, and criminal background standards. A current credit report will be used to assess your financial responsibility and credit fitness, however, a credit score is not included as part of the evaluation. Successful candidates must also meet ongoing regulatory requirements including additional screening, if necessary

• 100% Remote work location is available for this position within the locations posted below.

Posting Locations:

• 8740 Research Dr CHARLOTTE, NC 28262, 1801 Park View Dr SHOREVIEW, MN 55126, 801 Walnut St DES MOINES, IA 50309, or 1150 W Washington St TEMPE, AZ 85281

• Relocation assistance NOT available for this position.

Posting May Come Down Early Due to High Volume of Applicants

Posting End Date:

16 May 2024

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Company: WELLS FARGO BANK

Req Number: R-365457-2

Updated: Wed May 15 00:00:00 UTC 2024

Location: DES MOINES,Iowa