Senior Loan Examination Specialist

About this role : Wells Fargo is seeking a Senior Loan Examination Specialist in Consumer Lending as a part of Home Lending.

Learn more about the career areas and business divisions at wellsfargojobs.com.In this role, you will : Lead loan reviews which include a complete re-underwrite of the loan file to assess the credit decision, a review of closing documents for compliance requirements, and a review of the appraisal for collateral qualityResearch and validate most complex and escalated loan files to ensure programs, investors, and company polices are followedContribute to the resolution of loan transitioning and processing issuesPartner with other Loan Examination Specialists to meet process deliverables while leveraging solid understanding of closing, underwriting, and compliance guidelinesCollaborate with immediate peers and more experienced management to report findings and recommendationsAct as a mentor for less experienced Loan Examination SpecialistsReview and validation of property requirements including title and appraisalUtilize knowledge of company policy and procedures, and available tools and resources, such as One Right Answer and QIS methodology to validate credit decisionExamine transactions to ensure accuracy and completeness.

Assist with fraud prevention and may partner with Fraud Risk Prevention on reviewsServe as a consultant and technical resource on difficult scenariosPartner with fulfillment underwriters, managers, performance coaches, and lending officersCommunicate and discuss findings with partnersMentor other reviewers on department procedures and policiesProvide post authority reviews for underwriters receiving new or additional authority to comply with the decisioning authority roadmapMentor and coach peers and partners within FulfillmentRequired Qualifications : 4+ years of Underwriting experience, Loan processing, or equivalent demonstrated through one or a combination of the following : work experience, training, military experience, educationDesired Qualifications : Underwriting experienceExcellent verbal, written, and interpersonal communication skillsWells Fargo Sales systems experience (Ex.

CORE, Empower, One Right Answer)Experience with quality inspection of loan files including Conventional Agency, FHA, VA, including reviewing loans from a closing / compliance perspectiveExperience reviewing and validating all credit documents, including but not limited to : financial statements, credit reports, appraisal, income and assets documentsExperience reviewing applicable ratios (i.

e. debt ratios, loan-to-value) including complex income scenarios, to ensure loan meets company and agency guidelinesExperience coaching, mentoring, and providing feedbackJob Expectations : This position is not eligible for Visa sponsorshipThis position requires compliance with all mortgage regulatory requirements and Wells Fargo's compliance policies related to these requirements.

Successful candidates must also meet ongoing regulatory requirements including additional screening and required reporting of certain incidents.

This position offers a hybrid work scheduleLocations : 1150 W Washington Street, Tempe, AZ2850 S Price Road, Chandler, AZ1525 W WT Harris Blvd, Charlotte, NC600 S 4th Street, Minneapolis, MN801 Walnut Street, Des Moines, IAPay RangeReflected is the base pay range offered for this position.

Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$30.58 - $54.33BenefitsWells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below.

Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.Health benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursementPosting End Date : 14 Oct 2024* Job posting may come down early due to volume of applicants.

We Value DiversityAt 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.

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

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

Wells Fargo Recruitment and Hiring Requirements : a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.Company : WELLS FARGO BANKReq Number : R-407448-5Updated : Fri Oct 11 04 : 17 : 08 UTC 2024Location : MINNEAPOLIS,Minnesota