- • Job Description Summary
Business Accountability Specialist: Covers jobs responsible for performing in-depth post reviews validating that transactions adhere to company requirements and/or agency or government regulations.
• Job Description
About this role:
Wells Fargo is seeking a Business Accountability Specialist.
In this role, you will:
• Perform in-depth, prefund loan reviews and validate transactions within set guidelines for Underwriting.
• Address basic issues related to conducting credit, closing, and compliance reviews
• Receive direction from more experienced managers and exercise judgment on relevant reviews within rules and regulations while developing an understanding of internal company requirements.
Want more jobs like this?
Get jobs in Bangalore, India delivered to your inbox every week.
• Provide communication regarding overall process and transaction quality to appropriate parties.
Required Qualifications:
• 2+ years of risk management, business controls, quality assurance, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Job Expectations:
• Experience with Underwriting with a good knowledge of functionality/capabilities and understanding of 4Cs of Underwriting.
• Experience on Auto business, QA/QC roles, Home Lending, or mortgage experience.
• Should have extensive knowledge in reporting, presentations, Business reviews and should be able to work closely with the stakeholders.
• Fluent communication with stateside partners to understand different review requirements and execute reviews in compliance with set procedures and policies.
• Strong analytical, research, and problem-solving skills.
• Quality-oriented. Good attention to detail and review transactions for accuracy. Have a sense of urgency in addressing errors.
• Demonstrates willingness to learn new skills and put the same into practice.
• Receives and reciprocates basic information clearly in the written and oral form; Demonstrates good command over the English language. Ability to escalate issues appropriately.
• Finishes one's tasks as per set schedules. Takes initiative for ensuring timely completion of set tasks.
Desired Qualification:
• 5-8 Years of Underwriting experience, Loan Processing, Auto, Home Lending, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Participated in senior leadership (metrics and materials) conversations.
• Should have worked on putting together process matrix & Presentations for Senior Leadership reviews.
Posting End Date:
29 Nov 2024
*Job posting may come down early due to volume of applicants.
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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.