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Commercial Valuations Manager for Collateral Support
Commercial Valuations Manager for Collateral Support-January 2024
Bonifacio Global City
Jan 15, 2025
ABOUT WELLS FARGO
Wells Fargo is a diversified, community-based financial services company with a vision to satisfy customer’s financial needs and help them succeed financially.
10,000+ employees
Financial Services, Technology
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About Commercial Valuations Manager for Collateral Support

  About this role:

  Wells Fargo is seeking a Commercial Valuations Manager. This job is responsible for processing, monitoring, and examining client collateral information on asset based loans. Conducts verifications on account debtors, including high risk-rated, larger, more complex borrowers, and for new loans/prospective customers.

  In this role, you will:Manage and develop a team of individual contributors with low to moderate complexity and risk in Commercial Valuations functional areaEngage stakeholders and internal partners associated with the functionOversee borrower collateral activity, ensuring the proper controls are in place to protect the bank's assets and to identify and mitigate riskMake recommendations to senior management on ways to limit the bank's exposure on assigned collateralIdentify and recommend opportunities for process improvement and risk control development within Commercial Valuations functional areaMake decisions and resolve issues regarding resources, objectives, and operations of Commercial Valuations functional area and team to meet business objectivesInterpret and develop policies and procedures for Commercial Valuations functions with low to moderate complexity within scope of responsibilityCollaborate and consult with Commercial Valuations peers, colleagues, and multiple level managers as well as interact directly with external customersServe as the liaison to Regional Portfolio Managers, Regional Credit Managers, operations and client services for items related to collateral activityManage allocation of people and financial resources for Commercial ValuationsMentor and guide talent development of direct reports and assist in hiring talentRequired Qualifications:

  Experience in Commercial Valuations, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationLeadership experienceDesired Qualifications:Strong understanding on the Commercial Loan Cycle.Understanding on the following: Collaterals, Borrowing Based Certificate, Paydowns, Advances, Syndicated LoansHave management experience in a Shared Services EnvironmentJob Expectations:Willing to work on US Shift and will follow US HolidaysWilling to work on site based on current in-office expectationsWill be working in collaboration with India and US PartnersPosting End Date:

  30 Jan 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.

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