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 India & Philippines Wells Fargo India & Philippines (WFIP) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services. WFIP operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about WFIP at our International Careers website.
The Business Services team across locations provides processing and voice support and to enable a follow-the-sun delivery model for Wells Fargo that would help us service our customers faster. Business Services teams perform bank operation processes across divisions of WF Home Lending, Wholesale Ops, Wealth & Investment Management (WIM), PVSI & Community banking.
About the Role
7-8 years of experience in one or a combination of the following:
Service accounts of traditional asset-based lending, specialized senior secured financing, Accounts receivable financing and purchase order financing to companies; manage team of analyst and senior analyst who complete spreading of financial statements in the application
Manage team of 10-15 members in commercial lending domain which includes processes around financial spreading, credit research, preparation of credit write ups, collateral valuation, credit limit recommendation, and assessment of security position etc.
Perform quality checks of the work completed by junior team members across all the processes
Manage dual responsibilities; 50% as an Individual contributor and 50% manage delivery
Able to manage junior as well as senior team members and able to handle conflicts
Manage and ensure smooth delivery of daily operations as per SLA
Experience in performance and career management of the team members
Process improvement and redesign - proactively identify, analyze and improve existing processes / process reengineering.
Able to manage projects independently
Responsible for managing transition of processes from on shore to offshore
Facilitates communication to resolve problems and advance strategies.
Connect with LOB partners on conference calls/understand updates etc.
Lead or champion efforts to increase productivity and goal accomplishment.
Act as a coach or mentor to facilitate learning from experience.
Responsible for management reporting
Market Skills and Certifications
Chartered accountants/MBA Finance (mandatory) and Bachelor's Degree (Commerce mandatory), equivalent
Most recent experience must include min 2-3 years of direct team leading experience in commercial lending domain which includes financial spreading and financial analysis teams
Should have experience in spreading of Corporate's Financial Statements in client application
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
Strong knowledge on accounting and finance, Industry analysis, Internal and external risk factors of the borrower
Understanding on Company's management and equity sponsors strength & weaknesses.
Sound understanding of Pro forma adjustments based on the projected financial information and spread accordingly in the tool
Excellent report writing skills
Excellent communication skills
Strong analytical skills.
Strong verbal & written communication skills
Attention to detail
Excellent data entry skills
Ability to work quickly & accurately while maintaining acceptable standards of workmanship
Ability to recognize and escalate to management for any process breaches
Highly motivated with strong organizational
Flexibility to work in different shifts
Ability to succeed in a team environment
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: 54613BR
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