Private Mortgage Banking Associate (SAFE)

Wells Fargo•Beverly Hills, CA

About The Position

About this role: Wells Fargo is seeking a... In this role, you will: Work under the guidance of a senior Private Mortgage Banker to produce high quality jumbo residential mortgage loans that meet Wells Fargo Home Mortgage guidelines Build relationships focused on affluent borrowers with realtors, builders, financial professionals, bank store, past customers, and other non-traditional sources; develop and maintain a high degree of visibility for Wells Fargo Home Mortgage in the marketplace Obtain customer applications, quote the rate and points, and complete follow-up activities with the registration lock-in Understand real estate appraisals, title reports, and real estate transactions Interact with customers to understand their needs and provide a high-quality loan service Review low complexity financial and credit data, matching customer needs with an appropriate loan program and level of risk Develop knowledge of company products, policies and procedures, and underwriting requirements Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of generating loans Provide information regarding the loans to consultants and functional colleagues This SAFE position has customer contact and job duties which may include the offering/negotiating of terms and/or taking an application for a dwelling secured transaction. As such, this position requires compliance with the S.A.F.E. Mortgage Licensing Act of 2008 and all related regulations. Ongoing employment is contingent upon meeting all such requirements, including acceptable background investigation results. Individuals in a SAFE position also must meet the Loan Originator requirements under Regulation Z (LO) outlined in the job expectations below

Requirements

6+ months of Private Mortgage Banking Sales experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Experience in Private Mortgage Banking Sales, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Responsibilities

Work under the guidance of a senior Private Mortgage Banker to produce high quality jumbo residential mortgage loans that meet Wells Fargo Home Mortgage guidelines
Build relationships focused on affluent borrowers with realtors, builders, financial professionals, bank store, past customers, and other non-traditional sources; develop and maintain a high degree of visibility for Wells Fargo Home Mortgage in the marketplace
Obtain customer applications, quote the rate and points, and complete follow-up activities with the registration lock-in
Understand real estate appraisals, title reports, and real estate transactions
Interact with customers to understand their needs and provide a high-quality loan service
Review low complexity financial and credit data, matching customer needs with an appropriate loan program and level of risk
Develop knowledge of company products, policies and procedures, and underwriting requirements
Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of generating loans
Provide information regarding the loans to consultants and functional colleagues