About this role:

Wells Fargo is seeking an Underwriter in Consumer Lending as part of Credit Services. Learn more about our career areas and lines of business at Wellsfargojobs.com

In this role, you will:

• Be responsible for reviewing, analyzing, approving, and underwriting routine individual consumer requests and products with few deviations and within company and industry guidelines
• Review credit applications, credit bureau information, collateral valuation, tax returns, financial statements, or other supporting documentation to recommend or approve requests within deaccessioning authority levels by way of automated scoring system or traditional underwriting
• Assist with the calculations and preparation of reports for review
• Respond to customer inquiries and credit decisions
• Ensure credit files are current, complete, and compliant with company standards
• Contact customers and partners to gather information to make appropriate decisions, and explain rationale behind credit decisions
• Present recommendations for resolving situations and exercise some independent judgment while developing understanding of the Underwriting role
• Provide information to team, managers, and customers to related inquiries

Required Qualifications, US:

• 2+ years of Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Credit card underwriting and/or Personal Lending underwriting experience
• Home Equity experience
• Manual underwriting experience
• 6+ months training or leadership experience
• 1+ year of customer call center experience
• Basic Microsoft Office skills

Job Expectations:

• Obtain delegation of authority within 60 days of start date
• This position is not eligible for Visa sponsorship
• Training will be 7 am - 4 pm PST for 5 weeks (tentative).
• Business hours of operation are Monday - Friday, 5 am - 7 pm PST, and Saturday, 6 am - 5 pm PST.
• Schedule after training will be 10 am - 7 pm PST. Schedule will include working every 3rd Saturday.
• Hours may change due to business needs and may include overtime and working hours beyond 7 pm PST.
• Flexible to work any 8 hour shift during hours of operation

Location:

• 2800 S Price Rd, Chandler, AZ

• Evaluating and ensuring overall credit card line increase transaction is accurate, complete, and compliant
• Apply knowledge of standard underwriting procedures, creditor financial analysis techniques
• Review and perform accurate analysis of financial documents
• Review and analyze credit bureau reports and interpreting the data
• Calculation of applicable ratios to determine affordability, credit utilization, asset coverage, etc.
• Review supporting documentation for truthfulness and accuracy
• Perform extensive research to resolve complex underwriting issues.
• Implementation of fraud detection and prevention techniques
• Understanding of the use of automated scoring system

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.