Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
Wells Fargo Commercial Capital is a market‑leading provider of working capital, investment capital, trust services, and sales financing solutions that help Wells Fargo customers optimize liquidity and grow their business through their life cycle. Commercial Capital products, services and capabilities are offered by 6,000 team members across the U.S. and the globe through seven core areas; Capital Finance, Commercial Distribution Finance, Corporate Trust Services, Equipment Finance, Renewable Energy & Environmental Finance, Specialty Finance & Strategic Capital.
Manages, directly and through subordinates, operational activities for a large single functional unit or multiple sections. Directs nonexempt staff or a small entry-level exempt staff. Works independently on moderately complex issues and projects. Manages ongoing processing efforts and is accountable to manager for unit budget.
13+ years of experience in one or a combination of the following: End to end credit lending services for commercial loans, credit underwriting specialized senior secured financing, accounts receivable financing and purchase order financing to companies and use qualitative and quantitative metrics to arrive at Rating of Borrowers
Responsible for heading the part of commercial capital underwriting and annual review business
Reports to Head of Commercial Capital underwriting and annual review business and directly manage teams comprising Underwriters/Team Lead/SMEs and Operations Managers
Responsible for leading the transition and seamlessly setting up the business
Interact and/or negotiate with senior level business partners in WF US and EGS
Flexibility to work in shifts & open for lateral opportunities as per the business requirements
Take a lead role in developing and implementing best practices
Increase effectiveness of staff and tools by recognizing opportunities for development and proactively creating new systems and structures
Manages operations of various shared service functions supporting multiple lines of businesses ensuring transitions progress smoothly and process meets its agreed metrics
Responsible for creating and monitoring business goals for team that align to Enterprise goals (including LoB expectations) and EGS goals
Foster strong relationship with LOB leaders through regular communication
Ensure EGS people strategy is implemented with focus on growth and development needs of team members
Plan, Execute and Responsible for People, Process, Risk, Operational Excellence
Process improvement and redesign - proactively identify, analyze and improve existing processes / process reengineering.
Supports policy and procedure administration, rating agency reviews, Regulatory requirements, Compliance, Risk Management, Enterprise Information Technology and Legal
Responsible to handle escalation and provide speedy resolution
Market Skills and Certifications
Experience of more than 8 years in Credit Analysis, Commercial Lending domain.
Should have experience in financial and non-financial due diligence of corporate entities
Knowledge in Credit Analysis, US GAAP, IFRS, ABL Financing, Financial Statement Analysis, Borrower & Collateral Analysis.
Chartered accountants/MBA Finance (mandatory) and Bachelor's Degree (Commerce mandatory), equivalent
Should have an experience in assessing credit worthiness of the corporate borrowers based on qualitative and quantitative factors
Strong knowledge on GAAP Accounting / International Financial Reporting Standards
Sound knowledge of ratio analysis, cash flow, and trend analysis
Proficient and advanced ability with US business writing skills
Excellent interpersonal, communication & organizational skills with proven abilities in customer relationship management
Strong analytical skills
Experience of working across one or more geographic territories or regions
Leadership Expectations at Wells Fargo
As a Team Member manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:
Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Internal Number: 50569BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo