Job Description

Department Overview:

Wells Fargo US Home Lending is on a mission to help more individuals and families, especially in minority communities achieve the dream of homeownership. As we enter an exciting growth phase, we’re building a powerhouse team in Manila to be part of our pioneer workforce to deliver exceptional service, drive innovation, and shape the future of Home Lending Operations in the Philippines.

About this role:

Wells Fargo is seeking a Home Loan Underwriter. We believe in the power of working together because great ideas can come from anyone. Through collaboration, any employee can have an impact and make a difference for the entire company. Explore opportunities with us for a career in a supportive environment where you can learn and grow.

In this role, you will:

Participate in and provide support for low-complexity matters pertaining to the business’ policy and regulatory adherence, risk mitigation, or control effortsResearch, review, document, and present findings related to issues, records, policies, and procedures for which answers can be quickly obtainedReceive direction from supervisors and exercise judgment within defined parameters while developing understanding of function, policies, procedures, records, and other business informationCollaborate and consult with peers, colleagues, and managers to implement actions in support of risk-mitigation and control initiatives

Required Qualifications:

6+ months 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

Desired Qualifications:

3 to 6 years of US residential mortgage processing and underwriting experience with experience in income calculation, credit and assets reviewWorking knowledge on Agency / Conventional loan Underwriting for primary residence (Purchase and Refinance)Graduate in commerce/finance/management streamBasic Microsoft Office skillsExcellent verbal, written, and interpersonal communication skillsStrong analytical skills with high attention to detail and accuracyAbility to take initiative and drive for results with minimal supervisionAbility to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex fast paced environment

Job Expectations:

Perform in-depth review of mortgage loan file including Credit, Capacity, Capital and Collateral documentsDetailed 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 filesThe candidate must be willing to work within US hours

Posting End Date: 

1 Aug 2025

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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.