Wealth Underwriter
Wells Fargo · Bengaluru · onsite · Posted 71d ago
Undisclosed2–7 yrsfulltimeSourced from
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About this role
Job Summary
Wells Fargo is seeking a Wealth Underwriter.
Responsibilities - Participate in low to moderately complex Wealth Underwriting initiatives in support of high-net-worth portfolio management; identify opportunities for process improvement within scope of responsibilities
- Review, analyze, and evaluate borrower financial data for basic high-net-worth client loans that require research, evaluation, and selection of alternatives to determine credit worthiness; exercise independent judgement to monitor existing portfolio and identify medium risk issues
- Present recommendations for resolving low to moderately complex situations and exercise independent judgment while developing expertise of Wealth Underwriting functional area policies, procedures, regulations, and compliance requirements
- Develop basic understanding of Home Lending policies, procedures, regulations, and compliance requirements for Wealth Investment Management client mortgages as needed
- Collaborate and consult with Wealth Underwriting peers, colleagues, and managers to resolve issues and achieve goals
- Adhere to credit risk management decisions to ensure satisfactory credit portfolio risk examinations
- 2+ years of Wealth Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- MBA or CA with 5+ years of Wealth Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Strong understanding of financial statements with demonstrated proficiency in analyzing key financial metrics and trends, along with handson experience in preparing comprehensive and highquality credit memos to support underwriting and credit decisionmaking processes.
- Develop basic understanding of Lending policies, procedures, regulations, and compliance requirements for Wealth Investment Management client mortgages as needed
Sourced from naukri
Skills
financial dataLendingFinancial CrimesInvestment managementmortgagesProcess ImprovementLoansPortfolio ManagementRegulatory ComplianceResearchcredit riskFinancial StatementscomplianceCustomer Relationships
About Wells Fargo
Wells Fargo
Financial Services
20k+
employees
1852
174 years old
Bengaluru/Bangalore, Karnataka
India
About
Wells Fargo works to create positive social impact in the communities it serves by supporting housing affordability, small business growth, financial health, and a low-carbon economy.
Industries
Financial Services
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