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Loan Documentation Processor

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  • Job
    Full-time
    Junior & Mid Level
  • Customer Relations
    Banking & Finance
  • Hyderabad, +1

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
  • 2-3 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
  • 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 role of a Loan Documentation Processor at Wells Fargo?

The Loan Documentation Processor is responsible for performing a variety of loan documentation duties on moderately complex loans to ensure compliance with company policies and procedures for loan products. This includes processing and closing loans, interpreting documentation policies, and managing an assigned pipeline of loans.

What are the required qualifications for this position?

Candidates must have 2+ years of customer service, loan administration, collections, or sales environment experience, or an equivalent combination of work experience, training, military experience, or education.

What are the desired qualifications for this position?

The desired qualifications include 2-3 years of experience in Pre-underwriting or Underwriting Support functions in US Home Mortgage, good communication skills, and a willingness to work in any shifts, including late evening shifts (8:30 PM to 5:30 AM).

Are there specific job expectations regarding work hours?

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

Will I receive consideration for employment regardless of my background?

Yes, Wells Fargo values diversity and is committed to providing equal employment opportunities to all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, disability, or any other legally protected characteristic.

Is there an emphasis on risk management in this role?

Yes, employees are accountable for executing all applicable risk programs and are expected to adhere to Wells Fargo policies and procedures while effectively managing risk and compliance obligations.

What should I know about the application process regarding accommodations for disabilities?

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

Does Wells Fargo maintain a drug-free workplace?

Yes, Wells Fargo maintains a drug-free workplace, as outlined in their Drug and Alcohol Policy.

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.

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