Wells Fargo Associate Loan Documentation Processor 

India, Karnataka, Bengaluru 

663637400

In this role, you will:

• Support in preparing loan documents for review, reviewing completed loan packages against system data and correcting errors in loan packages
• Identify ways to improve individual work processes within established procedures
• Perform routine administrative and operational tasks related to loan documentation
• Receive direction from Loan Documentation supervisor and escalate questions and issues to more experienced individuals
• Interact with immediate Loan Documentation team on basic information related to the routine loan documents review process

Required Qualifications:

• 6+ months of customer service, loan administration, collections, or sales environment experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Required Qualifications for Europe, Middle East & Africa only:

• Experience in customer service, loan administration, collections, or sales environment, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Perform in-depth, prefund loan reviews and validate transactions within set guidelines for Processing & Underwriting
• Perform in-depth review of mortgage loan file including Credit, Capacity, Capital and Collateral documents
• 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.
• Process and close for loan products
• Interpret Loan Documentation policies while analyzing applicant, property, and documentation, ordering all required verifications, documentation, and subsequent follow ups
• Receive direction from Loan Documentation supervisor and escalate non-routine questions
• Manage an assigned pipeline of loans and provide guidance and training to other Loan Documentation individuals
• Interact with immediate Loan Documentation team and functional area on routine process
• 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
• 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 6:30 PM to 3:30 AM and 8:30 PM to 5:30 AM Indian Standard Time

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.