Englewood, Colorado

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.  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.

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.

Join the #1 Mortgage originator and servicer (Source: Inside Mortgage Finance)
Our Mortgage team supports the nation's leading originator and servicer of residential mortgages.

As part of Wells Fargo Home Lending, National Credit and Risk Management identifies and adopts best practices and controls in relation to retail mortgage products. Production Quality Support manages risk and provides oversight and inspection of the loan manufacturing processes for the home lending organization.
This team consists multiple functions that: detect and mitigate fraud, provide 3rd party inspection services to improve quality and performance, address and resolve borrower escalations, review and certify underwriter decisioning authority and business continuity planning for NUPRM and other support functions for the home lending organization.

Primary functions of the Quality Reviewer will include:
• Quality inspection of loan files including Non Conforming. This may include reviewing loans from a closing/compliance perspective.
• Mentor and coach peers and partners within Fulfillment

Other functions include:
• Review and validate all credit documents, including but not limited to: financial statements, credit reports, appraisal, income and assets documents.
• Review applicable ratios (i.e. debt ratios, loan-to-value) to ensure loan meets company and agency guidelines.
• Review and validation of property requirements including title and appraisal.
• Utilize current knowledge of company policy and procedures, uses available tools and resources such as One Right Answer, QIS methodology/philosophy etc. to validate credit decision.
• Examine transactions to ensure accuracy and completeness.
• May prepare reports for fulfillment partners.
• Assist with fraud prevention and may partner with Fraud Risk Prevention on projects/reviews.
• Serve as a consultant/technical resource on difficult problems and questions.
• Partner with fulfillment underwriters, managers, performance coaches and lending officers.
• Communicate and discuss findings with partners.
• Mentor other reviewers on department procedures and policies.
• Provide post authority reviews for underwriters receiving new or additional authority to comply with the decisioning authority roadmap.



Required Qualifications

  • 5+ years of underwriting experience
  • 2+ years of experience in complex underwriting, nonconforming underwriting or a combination of both



Desired Qualifications

  • Correspondent lending experience
  • 1+ year of experience with income analysis including exposure to reviewing self-employment, corporate, and partnerships tax returns
  • Fraud prevention experience
  • Ability to analyze financial statements, accounting principles, tax returns, and personal financial statements
  • Ability to exercise independent judgment and creative problem solving techniques
  • Ability to take an active role in the education, mentoring and training of less experienced team members



Other Desired Qualifications
  • Ability to review applicable ratios (i.e. debt ratios, loan-to-value) to ensure loan meets company and agency guidelines
  • Ability to review and validate property requirements including title and appraisal


Job Expectations

  • 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.



Salary Information

The salary range displayed below is based on a Full-time 40 hour a week schedule.

CA-San Bernardino: Min: $65,600 Mid: $92,400
MN-Minneapolis: Min: $59,600 Mid: $84,000
CO-Englewood: Min: $59,600 Mid: $84,000
AZ-Tempe: Min: $59,600 Mid: $84,000
IA-Des Moines: Min: $59,600 Mid: $84,000
NC-Raleigh: Min: $59,600 Mid: $84,000
PA-Philadelphia: Min: $65,600 Mid: $92,400
NC-Charlotte: Min: $59,600 Mid: $84,000
TX-San Antonio: Min: $59,600 Mid: $84,000
OR-Portland: Min: $59,600 Mid: $84,000
NV-Las Vegas: Min: $59,600 Mid: $84,000
IL-Springfield: Min: $53,700 Mid: $75,600



Street Address

CA-San Bernardino: 1003 E Brier Dr - San Bernardino, CA
MN-Minneapolis: 2701 Wells Fargo Way - Minneapolis, MN
CO-Englewood: 9780 S Meridian Blvd - Englewood, CO
AZ-Tempe: 1150 W Washington St - Tempe, AZ
IA-Des Moines: 800 Walnut St - Des Moines, IA
NC-Raleigh: 1100 Corporate Center Dr - Raleigh, NC
PA-Philadelphia: 101 N Independence Mall E - Philadelphia, PA
NC-Charlotte: 8505 Ibm Drive - Charlotte, NC
TX-San Antonio: 4101 Wiseman Blvd - San Antonio, TX
OR-Portland: 9600 Ne Cascades Parkway - Portland, OR
NV-Las Vegas: 4425 Spring Mtn Rd - Las Vegas, NV
IL-Springfield: 4800 W Wabash Ave - Springfield, IL



Disclaimer

    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.



Benefits Summary

Benefits
 

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.

Englewood, Colorado

At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.

We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re so committed to hiring and retaining military veterans, veterans with disabilities, National Guard members, and Reservists that we’ve made it our goal is to employ 20,000 veterans by 2020.

As a Wells Fargo team member, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Team Member Network, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit wellsfargojobs.com/military. Let’s talk about turning your military experience into a great civilian career.

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