Wells Fargo Consumer Loan Underwriter 3 in Las Vegas, Nevada

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 Lending is an industry leader in supporting homeowners and consumers. Our group includes Home Lending, Personal Lending, and Wells Fargo Auto, and the professional services teams that partner with these businesses. Our foundation for success can be summarized in three beliefs: Our product is service. Our value added is financial advice and guidance. Our competitive advantage is our people. We've built our team of top professionals by rewarding their accomplishments and ensuring they have what's needed to succeed.

Wells Fargo's Personal Lending group is part of the company's Consumer Credit Solutions business and serves more than 3 million customers in all 50 states. The group provides credit products to help customers meet their financial needs: private student loans through the Education Financial Services business; personal loans and lines of credit through the Personal Lines and Loans business. Wells Fargo Personal Lending also provides customers with free tools and financial education resources to help them succeed financially.

The Consumer Loan Underwriter 3 position is responsible for reviewing, analyzing, underwriting approving/declining, large, unusual, or complex individual and joint consumer credit requests for products within company and industry guidelines.

Job functions may include:

  • Evaluating and ensuring overall loan transaction and documents are accurate, complete, and compliant, upholding to company and industry guidelines

  • Applying knowledge of standard underwriting procedures, creditor financial analysis techniques

  • Reviewing and correcting analysis of financial documents

  • Reviewing credit reports and interpreting the data

  • Calculation of applicable ratios to determine affordability, credit utilization, asset coverage, etc.

  • Reviewing supporting documentation for truthfulness and accuracy

  • Implementation of fraud detection and prevention techniques, performing compliance reviews

  • Understanding of the use of automated scoring system

  • Contacting customers and partners to gather information to make appropriate decisions, explain rationale behind credit decisions, and/or to sell/promote line products

  • Staying abreast of any changes in underwriting provisions

  • Working with production to resolve questions when possible

  • Assisting with re-negotiations of loans based on lending guidelines

  • May provide work direction and/or training to lower level team members and provide performance feedback to supervisor/manager

This position will require the ability to work required hours which may include: Weekend shifts, overtime, and work hours beyond 6:00 pm. The schedule will include a rotating Saturday that is shared among site underwriters..

Required Qualifications:

  • 4+ years of underwriting experience

Desired Qualifications:

  • Basic Microsoft Office skills

  • Strong analytical skills including analyzing complex data

  • Excellent verbal, written, and interpersonal communication skills

  • Ability to interact with all levels of an organization

How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psc/PSEA/APPLICANTNW/HRMS/c/HRSHRAMFL.HRSCGSEARCHFL.GBL?Page=HRSAPPJBPST_FL&FOCUS=Applicant&SiteId=1&JobOpeningId=5413859&PostingSeq=1.

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.

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.