Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. 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.
Our Default Servicing team engages, understands and advises consumer real estate customers of available solutions to resolve mortgage delinquencies.
The primary goal of the Home Preservation Department is to mitigate loss for Wells Fargo Home Mortgage while allowing the mortgagor(s) to retain their home.
The Consumer Loan Underwriter 2 will be responsible for reviewing, analyzing, approving and underwriting unusual or complex individual consumer mortgage requests and products within company and industry guidelines. Specific responsibilities include Loan level underwriting authority within Home Preservation.
This individual will be responsible for reviewing hardship packages, determining length and impact of financial hardship, conducting loan level cash flows for borrower to determine affordability, including self-employed borrowers and wage earners. The goal is to utilize investor guidelines and delegated authority to decision customer hardships with related home retention strategy.
Knowledge of underwriting procedures, creditor financial analysis techniques, investor requirements and possess a high degree of attention to detail.
Maintains loan status/information through the use of loan notes or any other performance tracking system in use.
Work in a team environment in an effort to achieve business and volume goals and provide superior service.
May provide coaching and/or training to less experienced team members and provide feedback as needed.
Maintain applicable compliance conformity as it relates to data integrity and risk management.
Ability to handle confidential material in a professional, highly ethical manner.
Ability to work department hours including overtime as business needs dictate.
Basic Microsoft Office skills
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Other Desired Qualifications
Underwriting experience in loss mitigation/ origination / collections
Experience in analyzing income documents, cash flow, and credit risk
Ability to analyze rental income on multiple properties, and self-employed borrowers with P&L statements and business tax returns
Previous Mortgage Loan Servicing background a plus, and /or the adaptability to utilize your underwriting background in loan modification underwriting environment
IA-West Des Moines: 800 S Jordan Creek Pkwy
SD-Sioux Falls: 3201 N 4th Ave
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.