Wells Fargo Home Loan Underwriter 

Philippines, Maypajo 

330169058

In this role, you will:

• Participate in and provide support for low-complexity matters pertaining to the business’ policy and regulatory adherence, risk mitigation, or control efforts

• Research, review, document, and present findings related to issues, records, policies, and procedures for which answers can be quickly obtained

• Receive direction from supervisors and exercise judgment within defined parameters while developing understanding of function, policies, procedures, records, and other business information

• Collaborate and consult with peers, colleagues, and managers to implement actions in support of risk-mitigation and control initiatives

Required Qualifications:

• 6+ months of risk management, business controls, quality assurance, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 6+ months 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 incommerce/finance/managementstream

• 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:

• 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 fromExperian/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

• The candidate must be willing to work within US hours

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.