Loan Documentation Processor - Bengaluru, India - WELLS FARGO BANK

WELLS FARGO BANK

Verified Company

Bengaluru, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

About this role:

Wells Fargo is seeking a Loan Documentation Processor...

In this role, you will:

Support in performing a variety of loan documentation duties on moderately complex loans to ensure compliance with company's policies and procedures for loan products
Perform loan documentation for moderately complex loans
Process and close for loan products
Interpret Loan Documentation policies while analyzing applicant, property, and documentation, ordering all required verifications, documentation, and subsequent follow ups
Receive direction from Loan Documentation supervisor and escalate nonroutine questions
Manage an assigned pipeline of loans and provide guidance and training to other Loan Documentation individuals
Interact with immediate Loan Documentation team and functional area on routine process

Required Qualifications:

-
2 to 3 years of experience -
preferably in Risk & regulatory Data validation & remediation that exists on SORs

Education Qualification:
Bachelor's Degree or equivalent or MBA

Skills:

Understanding of Credit Agreements and Credit Approval Documents
Ability to interpret the loan/credit documents
Validate information on various SORs with exhaustive authoritative documentation
Good understanding of key Credit Terms; such as Interest Rates, Advance Rate, Loan limits, fees etc.
Good with MS Excel

Responsibilities:

Good analytical, research, and problem solving skills
Knowledge on accounting and finance, Industry analysis, Internal and external risk factors of the borrower
Proactively respond to inquiries on accounts and resolving any discrepancies
Cross train on other existing processes
Should be flexible in switching roles in between multiple processes as per business requirement
Very detailed oriented and flexible to work
Should be flexible in taking additional responsibilities and ensure smooth execution without compromising on quality and timelines
Ability to escalate issues appropriately
Ability to accurately process high volumes of work within established deadlines
Ability to adapt to change and work on multiple processes

We Value Diversity

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.