Commercial Valuations Specialist

About this role:

Wells Fargo is seeking a Commercial Valuations Specialist

In this role, you will:

• Be responsible for the completion of valuation estimates and appraisal reviews of inventory, machinery, and equipment
• Own the third party appraisal process, review and analyze inventory, machinery, equipment, and intangible asset appraisals performed by third party firms
• Summarize third party analyses for review by credit, underwriting, and portfolio management
• Review and analyze basic business, operational, or technical assignments or challenges that require research, evaluation, and selection of alternatives
• Exercise independent judgement to guide medium risk deliverables within Commercial Valuations functional area
• Present recommendations for resolving more complex situations
• Exercise independent judgement while developing expertise within Commercial Valuations functional area, policies, procedures and compliance requirements
• Collaborate and consult with Commercial Valuations colleagues, internal partners, and stakeholders, including internal as well as external customers

Required Qualifications:

• 2+ 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.
• 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:

• 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 mentor 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
• Should be willing to work in shift from 5.30 PM to 2.30 AM.
   

Posting End Date: 

*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.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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.