Wells Fargo
Head of Wealth & Investment Management Mortgage
Wells Fargo, Saint Louis, MO
Wells Fargo Wealth & Investment Management (WIM) provides clients access to some of the United States' leading providers of financial and investment services. Through WIM's businesses, we deliver a full range of personalized wealth management, investment, planning, and retirement products and services to help meet clients' unique needs and to help them achieve financial goals.
WIM provides financial products and services through the various bank and brokerage affiliates of Wells Fargo & Company. Our clients have access to Wells Fargo Advisors, referrals from securities-registered bankers in the Consumer Bank and the Wells Fargo Private Bank, our elevated experience for high- and ultra-high-net-worth individuals and families. WIM is also a leading provider of trust, investment, and fiduciary services, including personal trust services.
Banking, Lending & Trust Center of Excellence
Wells Fargo's Banking, Lending & Trust center of excellence is a client centric, channel-agnostic center of excellence designed to:
• Shorten the distance between the client request and the product or service delivery
• Provide access to highly credentialed specialists for all WIM clients
through geographically dispersed but centrally managed teams
• Create a more consistent advisor and client experience
• Deliver best-in-class product and service offerings to all client segments
About this role:
Wells Fargo is seeking a Head of WIM Mortgage with full business management and leadership responsibilities for this strategic growth area
Key Responsibilities:
Required Qualifications:
Additional Preferred Qualifications:
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.
$207,900.00 - $431,900.00
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.
Posting End Date:
13 Oct 2024
*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 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 US: 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.
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.
WIM provides financial products and services through the various bank and brokerage affiliates of Wells Fargo & Company. Our clients have access to Wells Fargo Advisors, referrals from securities-registered bankers in the Consumer Bank and the Wells Fargo Private Bank, our elevated experience for high- and ultra-high-net-worth individuals and families. WIM is also a leading provider of trust, investment, and fiduciary services, including personal trust services.
Banking, Lending & Trust Center of Excellence
Wells Fargo's Banking, Lending & Trust center of excellence is a client centric, channel-agnostic center of excellence designed to:
• Shorten the distance between the client request and the product or service delivery
• Provide access to highly credentialed specialists for all WIM clients
through geographically dispersed but centrally managed teams
• Create a more consistent advisor and client experience
• Deliver best-in-class product and service offerings to all client segments
About this role:
Wells Fargo is seeking a Head of WIM Mortgage with full business management and leadership responsibilities for this strategic growth area
Key Responsibilities:
- Execute WIM's overall mortgage strategy including enhancing the client experience, supporting business growth, and providing risk oversight with measurable business outcomes and client benefits
- Provide leadership to develop and implement strategic solutions and product results to ensure prudent credit decisions and a seamless mortgage experience for the WIM client, advisor and banker
- Manage an organization that includes a WIM Mortgage Underwriting team of manager(s) and underwriters in roles with moderate to high credit complexity and risk, and a WIM product management team dedicated to executing mortgage programs and initiatives
- Provide vision and direction for multiple high-impact priorities including strategic growth initiatives, high net worth and ultra-high net worth mortgage underwriting policies, client experience and segment pricing enhancements, and risk-related deliverables
- Engage and collaborate with key stakeholders, internal partners, and peers associated with WIM mortgages or who are affected by its outcomes, including the Home Lending and Risk teams
- Identify and recommend opportunities for process improvement and risk and control development within Wealth Mortgage functions and through collaboration with Home Lending
- Manage allocation of people and financial resources for WIM Mortgage teams including ongoing leadership for domestic and offshore staff to ensure commitments are met and align with strategic objectives
- Develop and guide a culture of talent development to meet business objectives and strategy
- Engage and influence WIM and Home Lending business leaders, control management, risk, legal, and audit partners to successfully ensure appropriate management of business risk.
Required Qualifications:
- 8+ years of Product Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 4+ years of Management experience
Additional Preferred Qualifications:
- 10+ years of wealth mortgage product and/or business management and mortgage underwriting experience or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, or education
- 5+ years of team management experience
- Wealth business leadership and mortgage underwriting experience in a large, complex financial organization strongly preferred
- Demonstrated ability as a thought leader in mortgage strategy, underwriting, and business initiative execution for high net worth and ultra-high net worth segments
- Strong background in credit risk and mortgage operations, and in effectively collaborating with cross-functional teams including finance, risk, legal, and compliance
- Custom commercial and consumer credit experience
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.
$207,900.00 - $431,900.00
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:
13 Oct 2024
*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 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 US: 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.
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.