Collateral Analyst Jobs in Minnesota (NOW HIRING)

About this role:

Wells Fargo is seeking a Borrowing Base Services - Associate Analyst in Wells Fargo Commercial Capital as part of Commercial Bank. Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will:

• BBC post-posting review - completing review of BBC posting reconciliations and confirmation of various related components, including Excel formula validation and SOR calculation results
• Collateral reporting file review - inventorying reports, reviewing different types of standardized and ad-hoc/non-standard collateral files for various information, troubleshooting Excel files, validating client-supplied and internally automated calculations
• Partnering with multiple teams to resolve any issues that arise during each reporting cycle (technical processing team members, WFI&P support teams, relationship managers, field examiners, clients)
• Performing trending analysis and anomaly identification, escalating potential issues to appropriate audiences, and maintaining all required documentation in appropriate repositories
• Assisting with special assignments and projects as needed, including designing new workflows and BAU processes for next-generation reporting platform
• Maintaining up-to-date knowledge of department processes and guidelines and actively developing individual BBC and other tool-related skill proficiency

Required Qualifications:

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

Desired Qualifications:

• Prior experience in relevant Wells Fargo systems, including: OneView, LUCAS, Vantage/Capital Finance/CEO, LoanIQ
• Prior experience reviewing and managing ABL borrowing bases and underlying reporting

• Above-average time management skills, including appropriately balancing competing priorities and thriving in an environment with highly cyclical workflow both in terms of work volume and work deadlines/time-sensitivity
• Consistent, reliable attention to detail and high standard of accuracy, while also being able to "zoom out" and consider materiality and other broader-perspective variables
• Strong technical acumen: a solid grasp of intermediate-level Excel skills (vlookups, pivot tables, building formulas) demonstrates appropriate aptitude for supporting legacy Excel-based BBC templates
• Curiosity and a strong desire to learn more and develop skills independently - learning is a mindset, not a task to complete
• Flexibility - our world is ever-evolving, and we are committed to continual improvement to better support our internal and external partners, including embracing new systems and processes while continuing to support legacy solutions during periods of transition

Job expectations:

• This position is not eligible for Visa sponsorship
• This position offers a hybrid work schedule
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process
• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards

#commercialbanking

Location:

• 1700 Lincoln Street Denver, C0 80203
• 401 Las Colinas Blvd Irving, TX 75039
• 100 N 18th Street Philadelphia, PA 19103
• 6100 S Old Village Place Sioux Falls, SD 57108
• 1100 Abernathy Road Atlanta, GA 30328
• 10 S Wacker Drive Chicago, IL 60606
• 801 Walnut Street Des Moines, IA 50309
• 90 S 7th Street Minneapolis, MN 55402
• 2800 S Price Road Chandler, AZ 85286

Required location listed above. Relocation assistance is not available for this position

Pay Range:

Denver - Colorado Pay Range: $27.88-$41.83 USD annual (this range may not be applicable to other locations)

Chicago- Illinois Pay Range: : $27.88-$41.83 USD annual (this range may not be applicable to other locations)

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visitDisability 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.