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Wells Fargo Business Accountability Associate 
India, Tamil Nadu, Chennai 
124891817

18.02.2025


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 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
  • 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
  • Reviewstipulations/conditionsfor 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
  • 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:

  • 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
  • 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 incommerce/finance/managementstream


Job Expectations:

  • The candidate must be willing to work within US hours typically between 6:30 PM to 3:30 AM Indian Standard Time for initial 6 months (and as business requires) and 1:30 PM to 10:30 PM Indian Standard Time after 6 months

27 Feb 2025


Wells Fargo Recruitment and Hiring Requirements:

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