Private Mortgage Banker (SAFE)

Wells Fargo Bank•Las Vegas, NV

About The Position

Wells Fargo is hiring a Private Mortgage Banker to solicit residential mortgages, produce compliant, high-quality jumbo loans, and provide excellent customer service. The role focuses on building relationships with affluent borrowers and referral sources, including realtors, builders, financial professionals, bank stores, past customers, and other non-traditional sources. The banker develops visibility for Wells Fargo Home Mortgage in the assigned market and stays informed about mortgage industry trends and developments. The position involves receiving customer applications, quoting rates and points, following up on registration and rate lock-in, and analyzing and offering mortgage products suited to client needs. The banker reviews low- to moderately complex financial and credit data, assesses risk and loan-program fit, and explains Wells Fargo programs, rates, policies, underwriting requirements, and procedures to prospective and existing customers. Timely, proactive communication and a high standard of client satisfaction and quality are expected. The role also requires ongoing training and compliance with applicable policies, procedures, and regulatory requirements. This is a SAFE position involving customer contact and potentially offering or negotiating terms or taking applications for dwelling-secured transactions. Employment requires SAFE registration and satisfaction of Loan Originator qualification and ongoing regulatory requirements, including applicable background and financial-responsibility standards.

Requirements

At least 2 years of Private Mortgage Banking Sales experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these.
SAFE registration is required at the time of employment; Wells Fargo initiates the registration process after the employment start date.
Loan Originator positions must meet Consumer Financial Protection Bureau qualification requirements and comply with Wells Fargo policies.
Meet applicable financial responsibility, character, general financial fitness, criminal background, and ongoing regulatory screening requirements.

Responsibilities

Solicit residential mortgages from various sources.
Produce high-quality, compliant jumbo loans and provide excellent customer service.
Build relationships with affluent borrowers and referral sources, including realtors, builders, financial professionals, bank stores, past customers, and other non-traditional sources.
Maintain visibility for Wells Fargo Home Mortgage in the marketplace and stay informed about mortgage industry trends and developments in the assigned market.
Present recommendations for producing loans and exercise some independent judgment while learning and following applicable sales policies, procedures, and compliance requirements.
Understand real estate appraisals, title reports, and real estate transactions.
Receive customer applications, quote rates and points, and complete follow-up activities related to registration and rate lock-in.
Analyze and offer mortgage loan products based on client needs.
Review and analyze low- to moderately complex financial and credit data, matching customer needs with an appropriate loan program and level of risk.
Inform prospective and existing customers about Wells Fargo Home Mortgage programs, rates, policies, underwriting requirements, and loan procedures.
Maintain client satisfaction and quality through timely, proactive customer communication.
Pursue Wells Fargo training to increase knowledge of company products, policies, procedures, and underwriting requirements.
Meet SAFE registration, Loan Originator qualification, and ongoing regulatory requirements.
Follow applicable risk and compliance programs, policies, and procedures; escalate and remediate issues as appropriate and make sound risk decisions.