About this role:At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.Wells Fargo is seeking a ERS Senior Business Analyst as part of Wells Fargo Commercial Capital. Learn more about the career areas and lines of business at wellsfargojobs.com .In this role, you will:
Working with Field Examiners, Underwriters, and our internal technical team during the initial prospect process to set up collateral reporting calculation workbooks (Excel-based) to assist clients in successfully calculating their BBC availability in accordance with the credit agreement
Designing BBC templates for new clients that are compatible with SOR limitations and aligned with credit agreement intent, and providing direct onboarding support and guidance to client in all collateral reporting-related matters
Maintaining BBC's and/or reporting packages as changes occur throughout the life of the loan, including modifications and reconciliations to recurring Field Exam results
Obtaining appropriate approvals (per departmental guidance) and memorializing adequate documentation for all updates
When necessary, performing all duties described under the ABA job summary above and assisting with a variety of special projects as assigned
Required Qualifications:
4+ years of Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Prior asset-based lending/borrowing base experience: reading credit agreements, structuring borrowing bases, calculating/reviewing ineligibles
Knowledge of internal WF systems including OneView, LUCAS, Vantage/CEO
Strong intermediate-level Excel skills
Employees in this position are primarily responsible for enabling post-close collateral reporting for ABL clients through the setup and maintenance of BBC templates and their related supporting calculation tools/backup.Pay Range$84,000.00 - $179,200.00BenefitsWells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.
401(k) Plan
Paid Time Off
Parental Leave
Critical Caregiving Leave
Discounts and Savings
Health Benefits
Commuter Benefits
Tuition Reimbursement
Scholarships for dependent children
Adoption Reimbursement
Posting End Date:19 Apr 2024 Job posting may come down early due to volume of applicants.We Value DiversityAt 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.Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.Company: WELLS FARGO BANKReq Number: R-358225-10Updated: Fri Apr 12 00:00:00 UTC 2024Location: WEST DES MOINES,Iowa