Senior Loan Examination Specialist

Wells Fargo•Minneapolis, MN

1d•$33 - $55•Hybrid

About The Position

Wells Fargo is seeking a Senior Loan Examination Specialist in Home Lending as part of Consumer Lending. In this role, you will lead loan reviews which include a complete re-underwrite of the loan file to assess the credit decision, a review of closing documents for compliance requirements, and a review of the appraisal for collateral quality. You will research and validate the most complex and escalated loan files to ensure programs, investors, and company policies are followed. You will also contribute to the resolution of loan transitioning and processing issues, partner with other Loan Examination Specialists to meet process deliverables while leveraging a solid understanding of closing, underwriting, and compliance guidelines, and collaborate with immediate peers and more experienced management to report findings and recommendations. Additionally, you will act as a mentor for less experienced Loan Examination Specialists.

Requirements

4+ years of Underwriting experience, Loan processing, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Extensive knowledge of lending policy guidelines and procedures
High attention to detail and accuracy skills
Ability to understand and meet deadlines
Strong professional oral and written communication skills
Intermediate Microsoft Office skills - excel, outlook, word, etc.

Nice To Haves

Government (FHA, VA) underwriting experience
Experience approving policy exceptions
Exposure to the Wells Fargo's CORE origination system

Responsibilities

Lead loan reviews which include a complete re-underwrite of the loan file to assess the credit decision, a review of closing documents for compliance requirements, and a review of the appraisal for collateral quality
Research and validate most complex and escalated loan files to ensure programs, investors, and company polices are followed
Contribute to the resolution of loan transitioning and processing issues
Partner with other Loan Examination Specialists to meet process deliverables while leveraging solid understanding of closing, underwriting, and compliance guidelines
Collaborate with immediate peers and more experienced management to report findings and recommendations
Act as a mentor for less experienced Loan Examination Specialists