Valuations Coordinator

About this role:

Wells Fargo is seeking a Valuations Coordinator in Asset Monitoring Borrowing Base Team as part of Commercial Banking Operations. This position is responsible for Asset Based Lending analysis, including but not limited to accounts receivable and accounts payable as well as credit insurance common to asset-based lending. Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will:

• Perform valuation reviews to confirm appropriate content and compliance with federal, regulatory and bank policy

• Evaluate and decision collateral for moderately complex consumer requests

• Suspend collateral decision until deficiencies are resolved

• Review and decision of collateral valuations

• Assist with the calculations and preparation of reports for reviews

• Interact daily with internal and external partners to clarify quality concerns identified during the review process

• Provide guidance to less experienced staff

• Interact with organizational department on a wide range of knowledge

• Interact with internal or external customers in a customer support role

• Experienced with AFS, (Account Finance System), Loan IQ, AssetReader, to calculate borrowers' financials

• Design and implement borrowing base certificate (BBC) structures and customized reporting tools which are tailored to each client’s electronic reporting formats, as well as the calculations needed for each deal structure

• Provide ongoing BBC, application, and reporting tool support across both legacy and new platforms, including oversight of deal structure changes and SOR implementation, as well as handling questions and requests from partners and clients

• Produce both detailed analysis and high-level trending information to facilitate efficient processes for the various groups we support

Required Qualifications:

• 1+ year of Valuations or Lending support experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Accounting or finance experience

• Experience with internal systems: Automated Financial System (AFS), Electronic Tracking Reporting and Compliance (eTrac), Blast

• Experience with pipeline management

• Ability to review and interpret complex commercial loan documents

• Strong Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills

• Strong analytical skills with high attention to detail and accuracy

• Exceptional verbal, written, and interpersonal communication skills

• Effective organizational, multi-tasking, and prioritization skills.

• Ability to meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.

Job Expectations:

• This position is not eligible for Visa sponsorship

• Candidate must be based out of posted location

• This position offers a hybrid work schedule

• Relocation assistance is not available for this position

• Ability to work additional hours as needed

Posting Locations:

• Des Moines, IA

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.