Wells Fargo Bank

Valuation Specialist 2

Posted on: 13 Feb 2021

Field Rep 002, TX

Job Description

Job Description
Important Note: If you are selected to move forward in the process, next steps for this job may include an on-line assessment and a video screen. Please make sure your profile includes a current email address that you check regularly (including your spam folder) as the invitations for these activities will be emailed to you. For internal candidates, you must apply via the Jobs site on Teamworks or Teamworks at Home and please ensure your profile lists a personal (external) email address as your primary email address so you can receive communications and complete these potential activities. Please refer to the Team Member Handbook for more information on the Internal Job Opportunities Process.

To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as Personal Cell or Cellular in the contact information of your application.

At Wells Fargo, we want to satisfy our customers financial needs and help them succeed financially. Were looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where youll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Real Estate Valuation Services (REVS) is an independent Enterprise function in Wells Fargo. As such we are a business unit within the Office of the Chief Operating Officer of the Corporation. Integrated operations organization works collaboratively and consistently across the company. The Chief Operating Office includes core operations functions for each of the lines of business under leaders who have joint reporting relationships. Including Front Line Control for each of the lines of business and enterprise functions, Strategy and Operations Planning, Sales Practices Oversight and Management, Enterprise Shared Services, Strategic Execution & Operations, Corporate Properties Group, Business Continuity and Resiliency, Enterprise Customer Excellence, Supply Chain Management, Real Estate Valuation Services, and Chief Administrative Office.
As the largest mortgage originator and servicer in the country, understanding the value of real estate, both commercial and residential, is critical. Real Estate Valuation Services (REVS) serves as an independent risk management function within the Chief Operating Office that:

* Interprets appraisal regulation and sets Corporate Valuation Policy
* Communicates with regulators on pending and proposed regulations
* Assumes responsibility for ensuring that compliant valuation processes and practices are in place for all valuations across Wells Fargo
* Leads the industry in real estate valuation processes and execution

As the Valuation Specialist 2 with Real Estate Valuation Services (REVS) Quality Control (QC) team, you will perform a variety of tasks including but not limited to:

* Review valuation content to ensure that primary risk factors associated with the collateral have been addressed and the appraisal meets standards for accuracy and completeness.
* May perform desk review of original mortgage information and post-fund reviews prior to delivery to lending partners.
* Work with service providers to clarify quality concerns identified during the review process, reconciling any discrepancies.
* Provide consultation and guidance to loan officers, underwriters and senior management for properties in assigned geographic areas.
* May provide training and guidance to lower level appraisers/reviewers.
* Responsible for performing quality reviews of residential valuations; ensuring adherence to regulatory and Wells Fargo compliance requirements.

Required Qualifications
* 5+ years of valuation experience
* Certified Appraiser

Desired Qualifications
* Excellent verbal, written, and interpersonal communication skills

Other Desired Qualifications
* Ability to complete a side by side analysis of multiple valuations completed on all residential property types including but not limited to single family, multi-family, condominium, etc.; reconciling any discrepancies and performing additional market research to validate and/or dispute information presented in the valuation.
* Ability to research and analyze market data on a National level and provide meaningful conclusions
* Solves complex appraisal issues using recognized appraisal methodology
* Proficient in analyzing data using computer technology
* Ability to achieve high production and quality standards
* High end residential valuation experience
* Basic Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
* Ability to take initiative and work independently with minimal supervision in a structured environment
* 3 years+ experience performing valuation reviews in the CMS platform

Job Expectations
* Ability to drive
* Must have use of two hands or functional equivalent
* Ability to climb up and down stairs
* Ability to walk up and down sloped terrain and to bend
* Ability to stand for extended periods of time

Salary Information
The salary range displayed below is based on a Full-time 40 hour a week schedule.

Texas: Min: $60,400 Mid: $85,000

Street Address
Texas: Field Rep 002 in TX - Field Rep 002, TX

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits Summary
Benefits
Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.

Wells Fargo Bank

San Francisco, CA

Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. It operates through three segments: Community Banking, Wholesale Banking, and Wealth and Investment Management.

The company also engages in the wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing, trust, investment advisory, mortgage-backed securities, and venture capital investment services.

As of February 7, 2019, it operated through 7,800 locations, 13,000 ATMs, and the Internet and mobile banking, as well as has offices in 37 countries and territories. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.