Financial Collateral Examination Associate
About The Position
Wells Fargo is seeking a Supply Chain Finance Financial Examiner within Commercial Banking. In this role, you will: Primary focus is to review and audit financial records such as bank statements, bills of sale, trial balances, etc. to ensure compliance with repayment term. When necessary, you may have to physically inspect inventory and assess the condition to confirm the collateralized position. Reconcile discrepancies with the customer and document details to support the final financial review and inventory inspection results. Build relationships with customers through setting expectations, answering questions, providing support with payment systems, and raising customer growth inquiries to our commercial and portfolio teams. Communicate with manager, account manager, and peers to resolve issues and escalate risks. Exercise judgement in determining the cause of discrepancies.
Requirements
- 6+ months of Supply Chain Finance Financial Examiner experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Ability to work independently and in a team environment
- Able to anticipate and adapt to rapidly changing, growth-oriented environment
- Good verbal and written communication skills
- Outstanding problem solving and decision-making skills
- Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
- Proficient knowledge of business practices and processes.
- Ability to work with limited supervision
- Ability to negotiate with customers to obtain necessary documentation
- Strong problem solving and mathematical skills
Nice To Haves
- 6+ months of auditing experience (for example, inventory auditing in restaurant or retail industries)
- 6+ months of customer service experience
Responsibilities
- Review and audit financial records such as bank statements, bills of sale, trial balances, etc. to ensure compliance with repayment term.
- Physically inspect inventory and assess the condition to confirm the collateralized position.
- Reconcile discrepancies with the customer and document details to support the final financial review and inventory inspection results.
- Build relationships with customers through setting expectations, answering questions, providing support with payment systems, and raising customer growth inquiries to our commercial and portfolio teams.
- Communicate with manager, account manager, and peers to resolve issues and escalate risks.
- Exercise judgement in determining the cause of discrepancies.
Benefits
- May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
