About this role:

Wells Fargo is seeking a Commercial Valuations Senior Manager, you will lead the Collateral Support team across I&P and will be responsible for conducting and overseeing Collateral management for Asset Based Lending products in Commercial Banking business.

In this role, you will:

• Supervise, mentor, and develop a team of Commercial valuations professionals, ensuring effective Collateral Management and professional growth.
• Build and maintain strong relationship with stakeholders and internal partners, understanding their needs and delivering best in class services.
• Oversee preparation of accurate and detailed valuations of collateral based on the Borrowing base certificate Source from customer/ Agent bank, ensuring the proper controls are in place to protect the bank's assets and to identify and mitigate risk.
• Make recommendations to senior management on ways to limit the bank's exposure on assigned collateral.
• Identify and recommend new business opportunities contributing to the growth of the team. Also come up with process improvement ideas and risk control development within Collateral functional area.
• Make decisions and resolve issues regarding resources, objectives, and operations of Collateral functional area and team to meet business objectives.
• Interpret and develop policies and procedures for Collateral functions with low to moderate complexity within scope of responsibility.
• Collaborate and consult with Collateral team peers, colleagues, and multiple level managers as well as interact directly with internal customers.
• Serve as the liaison to Regional Portfolio Managers, Regional Credit Managers, operations, and client services for items related to collateral activity.
• Mentor and guide talent development of direct reports and assist in hiring talent.
• As a senior manager lead one of the initiatives such as L&D, Careers, Communication, Risk, Business Acumen & Strategy, etc.

Required Qualifications:

• 12+ Years of experience in Commercial Banking- Loan Syndication
• 4+ years of Collateral management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Leadership experience

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:

• Exceptional time management abilities, demonstrated by having robust capacity plan in place to manage peaks and trough in workload.
• Consistent, reliable attention to detail and high standard of accuracy, while also being able to “zoom out” and consider whether something makes sense in the bigger picture.
• Maintaining up-to-date knowledge of Collateral Management processes and guidelines, to actively develop individual team members skill & proficiency.
• Strong technical acumen: Should have an advance understanding of loan system such as ACBS, LoanIQ, AFS which are widely used System of Record for managing Syndicated loans across global banks.
• Curiosity and an ardent desire to learn more and develop skills independently – learning is a mindset, not a task to complete.
• Flexibility – our world is ever-evolving, and we are committed to continual improvement to better support our internal and external partners, which means embracing change is the expectation.

Posting End Date:

*Job posting may come down early due to volume of applicants.

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.