About this role:

Wells Fargo is seeking a Commercial Collections Representative in Transactions & Processing as part of Wholesale Lending Operations division. Learn more about our career areas and lines of business at wellsfargojobs.com.

This position is responsible for analyzing and managing delinquent/ problem commercial business loans. This includes account/credit analysis, identify the right parties, and handling the negotiation and execution of appropriate strategies to reach long term resolution.

In this role, you will:

Support, review, and negotiate a medium to high-risk portfolio consisting of more complex delinquent loans of high-level collateralized accounts which require special handling and researchResearch credit and account information, handle workout and restructuring problem loans and restructuring payment plansReview account equity to determine loss projectionsMonitor portfolio for policy compliance and adherence to risk ratingsAssist in the training of entry level staffParticipate in conducting issue specific training in conjunction with ManagerUtilize a high degree of knowledge and understanding of company policies and procedures and execute without issueLead by example, handle core assignments effectively while taking on additional responsibilitiesCollaborate and consult with peers, colleagues, and managers to resolve issues and achieve goalsInteract with internal customersReceive direction from leadersExercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Required Qualifications:

2+ years of Commercial Collections experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

Collections experienceA BS/BA degree in accounting, finance, or economicsAccounting experience, accounts receivable or accounts payableCustomer service/Customer Care experienceExcellent verbal, written, and interpersonal communication skillsAbility to provide strong customer service while actively listening and responding in an appropriate mannerExcellent critical thinking and problem-solving skills, as well as the ability to embrace and adapt to changeSound analytical skills with high attention to detail and accuracyExperience delivering results in a fast-paced, deadline driven environmentSound organizational, multi-tasking, and prioritizing skillsIntermediate Microsoft Office skills (Word, Excel and Outlook)Ability to navigate multiple computer systems, applications, and utilize search tools to find informationArtiva experienceInfolease experienceIntermediate Microsoft Office (Word, Excel, and Outlook) skillsAbility to work effectively, as well as independently, in a team environment

Job Expectations:

Candidates must be willing to work additional hours as needed.

Posting Location(s):

801 Walnut St., Des Moines, IA1150 W Washington St., Tempe AZ

Additional details:

Position locations listed above.Relocation assistance is not available for this position.Visa Sponsorship not available for this position

Posting End Date: 

30 Sep 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.

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.