Senior Valuations Specialist (REVS)

About this role:

Wells Fargo is seeking a Senior Valuations Specialist within REVS (Real Estate Valuation Services). As a Senior Valuations Specialist, the candidate will be expected to review and handle residential valuations including appraisals, desktop products, and supplemental reviews to ensure compliance with bank policies and procedures and investor requirements. This role will involve coaching, training, delivering feedback, and working both independently and with a team to support department objectives and initiatives, while also providing daily direction and support to collateral underwriters.

In this role, you will:

• Complete valuation estimates and appraisal reviews of inventory
• Act as owner for the third-party appraisal process
• Contribute to large scale strategies related to Valuations processes
• Review inventory and appraisals performed by third party firms
• Perform evaluations on credit, underwriting, and portfolio management
• Develop internal estimates of inventory, machinery and equipment, and intangible assets for asset-based lending purposes
• Resolve moderately complex issues and lead team to meet project deliverables while leveraging solid understanding of the processes and risks involved
• Collaborate with collateral exam team providing inventory valuation estimates for the purpose of establishing advance rates on individual transactions
• Perform as project leader and mentor for other staff

Required Qualifications:

• 4+ years of Valuations, Lending, or Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Knowledge of Wells Fargo residential valuation and appraisal products
• Experience with Wells Fargo underwriting tools/platforms such as CORE, Evelyn, CMS, and Collateral Underwriter.
• Excellent, clear, and concise written and oral communication skills.
• Knowledge of Fannie and Freddie collateral underwriting requirements.
• Critical thinking
• Problem solving
• Experience with process design and solutioning
• Prior experience with second level review and/or auditing for a department or team.
• Ability to work effectively in a virtual environment with remote team members.
• Can work independently and in a team environment.
• Self-starter, can work with limited direction or oversight.
• Experience working in Jira, Tableau, or Power BI applications.

Job Expectations:

• Ability to work in office on a hybrid schedule (3 in/2 out).
• Location 1801 Park View Dr, Shoreview, MN
• Shift is Mon-Fri 8am-5pm.

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$35.14 - $62.45

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

19 Jan 2025

*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 cri