Collateral Underwriter 2|
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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.Â We've built our team of top professionals by rewarding their accomplishments and ensuring they have what's needed to succeed.
Responsible for reviewing, analyzing, and decisioning collateral for moderately complex consumer requests. Ensures products meet company and industry guidelines; may include suspending collateral decision until deficiencies are resolved. Depending on division, functions may include review and decision of collateral valuations, condo and co-op project reviews, insurance, budgets, financials, title policies, conversion documents and other supporting documentation to approve requests within decisioning authority levels; assisting with the calculations and preparation of reports for review; works with internal and external business partners to gather information to make appropriate decisions provides quality oversight and mitigates collateral and program risk for our borrowers and our organization.
- 2+ years of experience in credit or collateral underwriting or 3+ years of experience in one or a combination of the following: loan processing, origination, or closing
- Knowledge and understanding of mortgage origination: applications, processing, and closing
- Mortgage industry experience
Other Desired Qualifications
Ability to work extra hours if needed
Preferred experience with CORE
Agency loan experience
MN-Minneapolis: 2650 Wells Fargo Way - Minneapolis, MN
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.
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