Private Mortgage Banker Assistant (SAFE)

Wells Fargo•Minneapolis, MN

5d•$22 - $27•Hybrid

About The Position

Wells Fargo is seeking a Private Mortgage Banker Assistant SAFE) within Home Lending as part of Consumer Lending, to support our WIM Premier Mortgage Group. Learn more about our career areas and lines of business at wellsfargojobs.com. In this role, you will: Work under the guidance of a Private Mortgage Banker to produce high quality residential mortgage loans that meet Wells Fargo Home Mortgage guidelines. Build relationships focused on affluent borrowers with realtors, builders, financial professionals, bank store, past customers, and other non-traditional sources; develop and maintain a high degree of visibility for Wells Fargo Home Mortgage in the marketplace Obtain customer applications, quote the rate and points, and complete follow-up activities with the registration lock-in Coordinate and schedule customer meetings, seminars, and virtual consultations, ensuring optimal calendar utilization for HMC/PMB Understand real estate appraisals, title reports, and real estate transactions Interact with customers to understand their needs and provide a high-quality loan service Conduct outbound calls and emails to nurture leads, schedule consultations, and promote mortgage solutions tailored to customer needs Serve as the first point of contact for prospective borrowers, delivering a high-touch experience that builds trust and drives conversion Review low complexity financial and credit data, matching customer needs with an appropriate loan program and level of risk Develop knowledge of company products, policies and procedures, and underwriting requirements Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of generating loans Provide information regarding the loans to consultants and functional colleagues This SAFE position has customer contact and job duties which may include the offering/negotiating of terms and/or taking an application for a dwelling secured transaction. As such, this position requires compliance with the S.A.F.E. Mortgage Licensing Act of 2008 and all related regulations. Ongoing employment is contingent upon meeting all such requirements, including acceptable background investigation results. Individuals in a SAFE position also must meet the Loan Originator requirements under Regulation Z (LO) outlined in the job expectations below

Requirements

2+ years of Mortgage experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
This position requires SAFE registration at the time of employment.
Individuals in Loan Originator (LO) positions must meet the Consumer Financial Protection Bureau qualification requirements and comply with related Wells Fargo policies.
The LO qualification requirements include meeting applicable financial responsibility, character, general financial fitness and criminal background standards.

Nice To Haves

Experience working with high-net-worth clients
Experience in loan origination or loan processing
Strong understanding of mortgage sales, origination processes and industry regulations
Excellent verbal, written, and interpersonal communication skills
Extensive knowledge of lending policy guidelines and procedures
Track record of proactive problem solving, taking initiative, and effectiveness in resolving complex escalations timely and decisively to meet customer expectations
Ability to manage multiple priorities, including managing a pipeline and supporting escalations while maintaining excellent quality
Ability to organize, re-prioritize, and manage multiple priorities in-order-to meet deadlines
Technical skills: CORE, One Right Answer, Policy Library, Microsoft Office, Horizon, RALI

Responsibilities

Work under the guidance of a Private Mortgage Banker to produce high quality residential mortgage loans that meet Wells Fargo Home Mortgage guidelines.
Build relationships focused on affluent borrowers with realtors, builders, financial professionals, bank store, past customers, and other non-traditional sources; develop and maintain a high degree of visibility for Wells Fargo Home Mortgage in the marketplace
Obtain customer applications, quote the rate and points, and complete follow-up activities with the registration lock-in
Coordinate and schedule customer meetings, seminars, and virtual consultations, ensuring optimal calendar utilization for HMC/PMB
Understand real estate appraisals, title reports, and real estate transactions
Interact with customers to understand their needs and provide a high-quality loan service
Conduct outbound calls and emails to nurture leads, schedule consultations, and promote mortgage solutions tailored to customer needs
Serve as the first point of contact for prospective borrowers, delivering a high-touch experience that builds trust and drives conversion
Review low complexity financial and credit data, matching customer needs with an appropriate loan program and level of risk
Develop knowledge of company products, policies and procedures, and underwriting requirements
Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of generating loans
Provide information regarding the loans to consultants and functional colleagues