Lending Officer 1 - Agency

Company: Wells Fargo
Location: Lombard
Posted on: January 6, 2021

Job Description:

Job DescriptionImportant Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as ---Personal Cell--- or ---Cellular--- in the contact information of your application.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.Wells Fargo---s Consumer Lending businesses empower millions of customers to achieve their dreams every day. Whether it---s buying a home, purchasing a car, funding a significant purchase, or making important daily credit card purchases, Consumer Lending provides important credit products and services that help our customers succeed. The group includes Home Lending, Auto, Credit Cards, Retail & Merchant Services, Personal Lending, Consumer Lending Control, and Consumer Lending Shared Services.The Consumer Lending team partners with other businesses across Wells Fargo to create and deliver transformational experiences that help customers gain access to credit. The vision for the Consumer Lending business is to leverage technology and data to make it simple for customers to easily access credit when and where they need it. Consumer Lending serves customers across the country through our distribution network of more than 5,300 retail banking branches and Home Lending offices as well as online and digital channels.National Underwriting and Production Risk Management (NUPRM) provides support for transaction underwriting, managing production risk, and implementation of policies and procedures that support the home lending process. As part of Wells Fargo Home Lending, NUPRM identifies and adopts best practices and controls in relation to retail mortgage products.The Lending Officer 1 is responsible for monitoring lending activities for multiple business units or departments. Functions may include: approving loans in excess of regional, state, business unit or credit underwriter authority levels; ensuring conformity with company/ regulatory policies and procedures; granting credit and exception approvals and providing credit quality controls; monitoring of delinquency, loss, and risk rating accuracy; assisting credit officers and other senior officers with structuring, pricing and documentation of loan transactions; monitoring and reviewing credit underwriting and portfolio management performance; managing on-going account relationships. May be responsible for preparing or reviewing reports provided to senior management regarding portfolio performance. May also be responsible for reviewing/approving workout strategies for individual loans and coaching/developing credit skills of underwriters.Required Qualifications5 years of lending experienceDesired QualificationsStrong analytical skills with high attention to detail and accuracyExcellent verbal, written, and interpersonal communication skillsKnowledge and understanding of consumer loan underwriting or credit in mortgage lendingKnowledge and understanding of underwriting policies and procedures, investor guidelines, and regulatory updatesStrong relationship development skillsLeadership skills including; coaching, training, and mentoringExperience with underwriting policies and procedures such as risk-layering and asset evaluationOther Desired QualificationsAgency underwriting experienceMCD 3 or 4 level of agency lending authorityJob ExpectationsIndividuals 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. A current credit report will be used to assess your financial responsibility and credit fitness, however, a credit score is not included as part of the evaluation. Successful candidates must also meet ongoing regulatory requirements including additional screening, if necessary.This position requires compliance with all mortgage regulatory requirements and Wells Fargo's compliance policies related to these requirements including acceptable background check investigation results. Successful candidates must also meet ongoing regulatory requirements including additional screening and required reporting of certain incidents.Salary InformationThe salary range displayed below is based on a Full-time 40 hour a week schedule.IL-Lombard: Min: $78,100 Mid: $110,000NC-Charlotte: Min: $71,000 Mid: $100,000PA-Philadelphia: Min: $78,100 Mid: $110,000Street AddressNC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NCPA-Philadelphia: 101 N Independence Mall E - Philadelphia, PAIL-Lombard: 1 E 22nd St - Lombard, ILDisclaimerAll 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.

Keywords: Wells Fargo, Lombard , Lending Officer 1 - Agency, Other , Lombard, Illinois