Home Loan Underwriter, Wells Fargo

Wells Fargo

Location:
Philippines, Taguig City

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

Wells Fargo is seeking a Home Loan Underwriter internally known as Business Accountability Associate. The role involves responsibilities such as participating in policy adherence and risk mitigation, performing in-depth reviews of mortgage loans, and analyzing credit, capacity, collateral, and capital documents. Candidates should have 3 to 6 years of underwriting experience and be willing to work within US hours.

Job Responsibility:

participate in and provide support for low-complexity matters pertaining to the business’ policy and regulatory adherence, risk mitigation, or control efforts
research, review, document, and present findings related to issues, records, policies, and procedures for which answers can be quickly obtained
receive direction from supervisors and exercise judgment within defined parameters while developing understanding of function, policies, procedures, records, and other business information
collaborate and consult with peers, colleagues, and managers to implement actions in support of risk-mitigation and control initiatives
perform in-depth review of mortgage loan file including Credit, Capacity, Capital and Collateral documents
detailed review of Credit related documents such as Credit Report from Experian/Transunion/Equifax, Credit Supplements, Mortgage Statement, and Letter of Explanation etc.
detailed review of Capacity related documents such as Paystub, W2, VOE, Award letters and Bank Statements etc.
detailed review of Capital related documents such as Bank Statements, Gift letter, Stocks and Bonds etc.
detailed review of Collateral related documents such as Property Appraisal Report, Flood Report, and Purchase Agreement etc.
recommend borrower’s eligibility in accordance with internal policies and procedures, agency guidelines and overlays utilizing Automated Underwriting System (AUS)
ability to identify potential red flags relating to customer information, income, assets, property, all parties to the transaction, etc.
analyze risks and offsets related to performing in-depth, prefund loan reviews
present recommendations for resolving various issues related to reviews and loan files
the candidate must be willing to work within US hours

Requirements:

3 to 6 years of US residential mortgage processing and underwriting experience with experience in income calculation, credit and assets review
working knowledge on Agency / Conventional loan Underwriting for primary residence (Purchase and Refinance)
graduate in commerce/finance/management stream

Nice to have:

basic Microsoft Office skills
excellent verbal, written, and interpersonal communication skills
strong analytical skills with high attention to detail and accuracy
ability to take initiative and drive for results with minimal supervision
ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex fast paced environment

Additional Information:

Job Posted:
August 19, 2025

Expiration:
August 30, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Home Loan Underwriter