Lead Commercial Valuations Coordinator for Collateral Management Function
About this role:
Wells Fargo is seeking a Lead Commercial Valuations Coordinator. This role is responsible for processing, monitoring, and examining client collateral information on asset based loans. Conducts verifications on account debtors, including high risk-rated, larger, more complex borrowers, and for new loans/prospective customers.
In this role, you will:
- Support performance and overall effectiveness of team, as well as cross-group administrative operations
- Provide feedback and present ideas for improving or implementing processes and tools within Commercial Valuations
- Review all daily reports and borrower collateral activity, and follow borrower monitoring procedures as prescribed by bank guidelines and credit agreement
- Perform or guide others on complex tasks or initiatives that require planning, evaluation, and interpretation
- Independently prioritize work and provide day-to-day-work leadership and mentorship to Commercial Valuations
- Lead or contribute to implementation of new or revised processes and procedures that require coordination among various teams
- Provide guidance and subject matter expertise to Commercial Valuations on policies, procedures and compliance requirements
Required Qualifications:
- 6+ years of Commercial Valuations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Knowledge on the structure of Asset Based lending loans and end to end knowledge of the credit life cycle in Syndication loan.
- Knowledge in reviewing and analyzing the Collateral values from a Borrowing base Certificate prepared by the customers or Agent bank.
- Understanding of how to reconcile the books of bank in Syndication Loan portfolio.
- Exposure in Analyzing AR Aging reports and decipher appraisal values from field exam report which are upstream process in Collateral Management.
Job Expectations:
- Excellent time management abilities
- Consistent, reliable attention to detail and high standard of accuracy
- Should have an understanding of loan system that are used for managing Syndicated loans
- Curiosity and an ardent desire to learn more and develop skills independently
- Flexibility
- Willing to work on a night shift Manila Time and observe US Holidays
- Open to working on a hybrid in-office expectation
Posting End Date:
30 May 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.
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