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Loan Documentation Processor

  • Job
    Full-time
    Junior Level
  • Sales & Business Development
    Banking & Finance
  • Hyderabad, +1
  • 6d left

AI generated summary

  • You need 2+ years in customer service or loan administration, experience in Pre-underwriting/Underwriting Support, good communication skills, and availability for late or rotational shifts.
  • You will process and close moderately complex loans, ensure documentation compliance, manage a loan pipeline, and guide team members while collaborating with your Loan Documentation team.

Requirements

  • 2+ years of customer service, loan administration, collections, or sales environment experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
  • 2+ Years of experience in Pre-underwriting / Underwriting Support functions in US Home Mortgage.
  • Good communications skill.
  • Willingness to work in any shifts, including late evening shifts i.e., 8:30 PM to 5:30 AM IST.
  • Open to work in US shift and/or rotational shifts.

Responsibilities

  • Support in performing a variety of loan documentation duties on moderately complex loans to ensure compliance with company's policies and procedures for loan products
  • Perform loan documentation for moderately complex loans
  • Process and close for loan products
  • Interpret Loan Documentation policies while analyzing applicant, property, and documentation, ordering all required verifications, documentation, and subsequent follow ups
  • Receive direction from Loan Documentation supervisor and escalate non-routine questions
  • Manage an assigned pipeline of loans and provide guidance and training to other Loan Documentation individuals
  • Interact with immediate Loan Documentation team and functional area on routine process

FAQs

What is the primary responsibility of a Loan Documentation Processor at Wells Fargo?

The primary responsibility is to perform a variety of loan documentation duties on moderately complex loans to ensure compliance with the company's policies and procedures for loan products.

What qualifications are required for this position?

The required qualifications include 2+ years of experience in customer service, loan administration, collections, or sales environment, or equivalent demonstrated through a combination of work experience, training, military experience, or education.

Is prior experience in underwriting necessary for this role?

While not required, 2+ years of experience in Pre-underwriting / Underwriting Support functions in US Home Mortgage is desired for this role.

What type of shifts can a Loan Documentation Processor expect to work?

Loan Documentation Processors must be willing to work in any shifts, including late evening shifts from 8:30 PM to 5:30 AM IST, and may also work in US shift and/or rotational shifts.

How does Wells Fargo value diversity in the workplace?

Wells Fargo believes in diversity, equity, and inclusion in the workplace and welcomes applications from all qualified candidates, regardless of various protected characteristics.

What risk programs must employees adhere to in this position?

Employees are accountable for execution of all applicable risk programs, including Credit, Market, Financial Crimes, Operational, and Regulatory Compliance, and must effectively follow and adhere to Wells Fargo policies and procedures.

Is there a specific focus for employees in this role?

Yes, employees support a focus on building strong customer relationships balanced with a strong risk-mitigating and compliance-driven culture.

What is the end date for this job posting?

The job posting will end on December 19, 2024, but may come down early due to the volume of applicants.

How can applicants with disabilities request accommodations during the recruitment process?

Applicants can request medical accommodations during the application or interview process by visiting Disability Inclusion at Wells Fargo.

Are there any specific drug and alcohol policies at Wells Fargo?

Yes, Wells Fargo maintains a drug-free workplace, and applicants are encouraged to see the Drug and Alcohol Policy for more information.

Finance
Industry
10,001+
Employees
1929
Founded Year

Mission & Purpose

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. 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. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.