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.

Consumer Banking is an industry leader in supporting homeowners and consumers, in addition to operating one of the most extensive banking franchises in the country. We serve mass market, affluent, and small business customers; as well as provide home and personal lending. Our focus is on delivering an exceptional experience for our customers through financial advice and guidance coupled with providing the products and services that will help them realize their financial hopes and dreams.  We’ve built our team of top professionals by rewarding their accomplishments and ensuring they have what's needed to succeed.

The primary goal of the Home Preservation Department is to mitigate loss for Wells Fargo Home Mortgage while allowing the mortgagor(s) to retain their home.

The Consumer Loan Underwriter 1 is responsible for reviewing, analyzing, approving and underwriting routine individual consumer requests and products with few deviations within company and industry guidelines.

This role will support the FHA Portfolio.

Functions will include:

• Reviewing credit applications, credit bureau information, collateral valuation, tax returns, financial statements, and/or other supporting documentation to recommend/approve requests within decisioning authority levels by way of automated scoring system or traditional underwriting.
• Assisting with the calculations and preparation of reports for review.
• Responding to customer inquiries and credit decisions.
• Ensuring credit files are current, complete, and compliant with company standards.
• Contacting customers and partners to gather information to make appropriate decisions, explain rationale behind credit decisions, and/or offering or recommending products based on customer needs.

*Must currently have or be willing to obtain required Delegation of Authority level within 90-120 days of hire date

*Please Note:  Job posting duration may be shortened due to applicant volume

REQUIRED QUALIFICATIONS

• 6+ months of experience in one or a combination of the following: underwriting, processing, originations, or closing; or an AA/AS degree or higher; or 2+ years of military experience

DESIRED QUALIFICATIONS

• Basic Microsoft Office skills
• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills

OTHER DESIRED QUALIFICATIONS

• Mortgage industry experience
• BA/BS Degree in Finance/Business/Economics or related field
• Ability to provide strong customer service and develop customer relationships
• Ability to work effectively under minimal supervision and follow specific guidelines
• Ability to work in a dynamic production oriented environment
• Ability to interact with integrity and a high level of professionalism with all levels of team members and management

JOB EXPECTATIONS

• 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.

STREET ADDRESS

IA-WEST DES MOINES: 800 S Jordan Creek Pkwy - West Des Moines, IA SD-SIOUX FALLS: 3201 N 4th Ave - Sioux Falls, SD

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.

Wells Fargo’s historical bank has been serving communities since 1852—with customers in one in three households nationwide and 8,700 locations across 33 countries. Wells Fargo—“Most Admired” among the world’s largest banks by Fortune magazine—offers an extensive portfolio of banking, mortgage, insurance, investment, consumer, and commercial expertise for every financial need. The Vision, Values & Goals of Wells Fargo details the enduring principles that guide all Wells Fargo team members in the work they do every day — in serving customers and helping each other.