Business Accountability Specialist

2 weeks ago


Chennai, Tamil Nadu, India WELLS FARGO BANK Full time

Job Description

We are seeking a highly skilled Business Accountability Specialist to join our team at Wells Fargo Bank. As an Underwriting Expert, you will play a critical role in ensuring the integrity of our mortgage loan processing and underwriting procedures.

Key Responsibilities:

  • Mortgage Loan Review: Perform thorough reviews of mortgage loan files to ensure compliance with internal policies, agency guidelines, and overlays.
  • Credit Analysis: Conduct detailed credit analysis of borrower's creditworthiness, including income, assets, and property valuations.
  • Risk Assessment: Identify potential risks and offsets associated with mortgage loans and provide recommendations for mitigating these risks.
  • Documentation: Clearly document loan rationale findings in loan notes and ensure accurate and timely completion of loan files.
  • Collaboration: Work closely with colleagues and supervisors to implement actions in support of risk-mitigation and control initiatives.

Required Qualifications:

  • US Residential Mortgage Experience: 3-6 years of experience in US residential mortgage processing and underwriting, with expertise in income calculation, credit, and asset review.
  • Agency/Conventional Loan Knowledge: Working knowledge of Agency/Conventional loan underwriting for primary residence (purchase and refinance).
  • Educational Background: Graduate degree in commerce, finance, or management stream.

Desired Skills:

  • Communication Skills: Excellent verbal, written, and interpersonal communication skills.
  • Analytical Skills: Strong analytical skills with high attention to detail and accuracy.
  • Initiative and Results-Oriented: Ability to take initiative and drive results with minimal supervision.

Work Environment:

The candidate must be willing to work within US hours, typically between 6:30 PM to 3:30 AM Indian Standard Time for the initial 6 months, and 1:30 PM to 10:30 PM Indian Standard Time after 6 months.

Estimated Salary: $60,000 - $80,000 per annum, based on location and experience.



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