Senior Non Conforming Mortgage Underwriter (Remote)
Company: Wells Fargo Location: Orlando, FL Employment Type: Full Time Date Posted: 03/19/2021 Expire Date: 06/14/2021 Job Categories:
Banking, Finance/Economics, Financial Services, Information Technology, Insurance, Military, Retail/Wholesale, Purchasing, Executive Management, Web Technology
Senior Non Conforming Mortgage Underwriter (Remote) Job Description
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. Â 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.Â
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Wells Fargo's Consumer Lending businesses empower millions of customers to achieve their dreams every day. Whether it's buying a home, purchasing a car, funding a significant purchase, or making important daily credit card purchases, Consumer Lending provides important credit products and services that help our customers succeed. The group includes Home Lending; Auto; Cards, Retail and Merchant Services; Personal Lending; Consumer Lending Control; and Consumer Lending Shared Services.
The Consumer Lending team partners with other businesses across Wells Fargo to create and deliver transformational experiences that help customers gain access to credit. The vision for the Consumer Lending business is to leverage technology and data to make it simple for customers to easily access credit when and where they need it. Consumer Lending serves customers across the country through our distribution network of more than 5,300 retail banking branches and Home Lending offices, as well as online and digital channels.
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. Â 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.Â
Wells Fargo is looking to expand our Non Conforming Mortgage Underwriting Team and hire a number of Telecommute Senior Mortgage Loan Underwriter positions who have a strong desire and passion to deliver an exceptional experience in helping customers with their home loan applications. If you thrive on working with high accuracy and attention to detail and working with a team to meet customer needs, we want to talk to you! Â
Roles & Responsibilities:Â 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.Â
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.
Preferred locations are listed on the job posting. Other locations within the Wells Fargo footprint may be considered.
Salary range is determined by the location of the job.
The salary range displayed below is based on a Full-time 40 hour a week schedule.
3+ years of underwriting experience with mortgage, commercial credit, or a combination of both
5+ years of underwriting experience
3+ years of experience with income analysis including exposure to reviewing self-employment, corporate, and partnerships tax returns
Ability to work effectively in a virtual team environment
Knowledge and understanding of underwriting: non-conforming loan process
Ability to interact with all levels of an organization
Basic Microsoft Office skills
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Other Desired Qualifications
Extensive non agency/non conforming/portfolio underwriting experience
Advanced asset analysis and experience working with all types, and extensive experience with layering risk and evaluation
Experience working with highly affluent clientele Â
Current or previous lending exception authorityÂ
Ability to provide and work from a home office
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.
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.
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) web site (http://fedregistry.nationwidelicensingsystem.org ) provides the MU4R questions and registration required for employment in this position.
The salary range displayed below is based on a Full-time 40 hour a week schedule.
TX-Dallas: 8115 Preston Rd - Dallas, TX FL-Jacksonville: 3563 Philips Hwy - Jacksonville, FL FL-Orlando: 11050 Lake Underhill Rd - Orlando, FL FL-Tampa: 4030 W BOY SCOUT BLVD - TAMPA, FL GA-Atlanta: 3579 Atlanta Ave - Atlanta, GA TX-Austin: 9442 N Capital Of Texas Hwy - Austin, TX TX-Houston: 2700 Post Oak Blvd - Houston, TX TN-Nashville: 150 3rd Ave S - Nashville, TN NY-Buffalo: 6700 Main St - Buffalo, NY IN-Indianapolis: 8888 Keystone Xing - Indianapolis, IN AL-Birmingham: 2501 20th Pl S - Birmingham, AL NE-Omaha: 13330 California St - Omaha, NE MO-Kansas City: 9572 N McGee St - Kansas City, MO KS-Overland Park: 7500 College Blvd - Overland Park, KS SC-Columbia: 101 Greystone Blvd - Columbia, SC OH-Columbus: 445 Hutchinson Ave - Columbus, OH MS-Gulfport: 375 Courthouse Rd - Gulfport, MS UT-Salt Lake City: 5201 Amelia Earhart Dr - Salt Lake City, UT NV-Las Vegas: 4425 Spring Mtn Rd - Las Vegas, NV AZ-Tucson: 4051 E Sunrise Dr - Tucson, AZ CA-Fresno: 8405 N Fresno - Fresno, CA WA-Spokane: 41 W Riverside Ave - Spokane, WA ID-Boise: 3033 Elder St - Boise, ID NV-Reno: 6005 Plumas St - Reno, NV MI-Birmingham: 34100 Woodward Ave - Birmingham, MI CA-Sacramento: 400 Capitol Mall - Sacramento, CA
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.