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Loan Documentation Processor

  • Job
    Full-time
    Junior Level
  • Customer Relations
    Banking & Finance

AI generated summary

  • You need 2+ years in customer service, loan administration, or sales, a degree in Commerce/Finance/Management, and availability for US or rotational shifts.
  • You will process moderately complex loans, ensure compliance, manage a loan pipeline, interpret policies, order verifications, and train team members while collaborating with your immediate 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
  • Graduate in Commerce/Finance/Management
  • Open to work in US Shifts 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 role of a Loan Documentation Processor at Wells Fargo?

The primary role includes performing a variety of loan documentation duties on moderately complex loans to ensure compliance with company policies and procedures.

What are the key responsibilities of this position?

Key responsibilities include processing and closing loans, interpreting loan documentation policies, analyzing loan applicants and properties, and managing an assigned pipeline of loans.

What qualifications are required for this job?

A minimum of 2+ years of experience in customer service, loan administration, collections, or a sales environment is required, or equivalent demonstrated through work experience, training, military experience, or education.

Is there a preferred educational background for candidates?

Yes, a graduate degree in Commerce, Finance, or Management is preferred.

Are there any specific shift requirements for this position?

Yes, candidates must be open to working US shifts and/or rotational shifts.

How crucial is diversity and inclusion in Wells Fargo's hiring process?

Diversity, equity, and inclusion are highly valued, and Wells Fargo welcomes applications from all qualified candidates regardless of race, gender, or other protected characteristics.

What is the significance of risk management in this role?

Employees are accountable for executing applicable risk programs, adhering to compliance obligations, and making sound risk decisions to ensure the success of customers and the company.

How can candidates request accommodations during the application process?

Candidates can request a medical accommodation during the application or interview process by visiting the Disability Inclusion section at Wells Fargo.

Are there any policies regarding drug and alcohol use?

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

What should candidates know about representation during the recruitment process?

Candidates are required to directly represent their own experiences during the recruiting and hiring process, and third-party recordings are prohibited unless authorized by Wells Fargo.

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.