• About this role:

Wells Fargo is seeking a Loan Examination Specialist...

In this role, you will:
• Perform in-depth review of mortgage loan file including Credit, Capacity, Capital and Collateral documents
• Detailed review of Credit related documents such as Credit Report from Experian/Transunion/Equifax, Credit Supplements, Mortgage Statement, and Letter of Explanation etc.
• Detailed review of Capacity related documents such as Paystub, W2, VOE, Award letters and Bank Statements etc.
• Detailed review of Capital related documents such as Bank Statements, Gift letter, Stocks and Bonds etc.
• Detailed review of Collateral related documents such as Property Appraisal Report, Flood Report, and Purchase Agreement etc.
• Recommend borrower's eligibility in accordance with internal policies and procedures, agency guidelines and overlays utilizing Automated Underwriting System (AUS)
• Ability to identify potential red flags relating to customer information, income, assets, property all parties to the transaction, etc.
• Analyze risks and offsets related to performing in-depth, prefund loan reviews. Present recommendations for resolving various issues related to reviews and loan files
• Utilize current knowledge of credit policy guidelines and procedures, use available tools and resources to recommend credit decision
• Ability to clearly document the loan rationale findings in loan notes
• Review stipulations/conditions for compliance and completion of loan file specific to the borrower profile, loan program and product
• Receive direction from more experienced managers and exercise judgment on relevant reviews within rules and regulations while developing an understanding of internal company requirements
• Provide communication regarding overall process and transaction quality to appropriate parties
• Required Qualifications, International:
• 3 to 6 years of US residential mortgage processing and underwriting experience with experience in income calculation, credit and assets review
• Working knowledge on Agency / Conventional loan Underwriting for primary residence (Purchase and Refinance)
• Graduate in commerce/finance/management stream
• Desired Qualifications:
• Basic Microsoft Office skills
• Excellent verbal, written, and interpersonal communication skills
• Strong analytical skills with high attention to detail and accuracy
• Ability to take initiative and drive for results with minimal supervision
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex fast paced environment
• Job Expectations:
• The candidate must be willing to work within US hours typically between 8AM to 5PM Central Standard Time
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, ****** 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, age, sex, ****** orientation, gender identity, national origin, disability, or status as a protected veteran.

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.

Reference Number

R-266554