Valuations Coordinator

Wells Fargo Bank•Des Moines, IA

1d•Hybrid

About The Position

Wells Fargo is seeking a Valuations Coordinator in Asset Monitoring Borrowing Base Team as part of Commercial Banking Operations. This position is responsible for Asset Based Lending analysis, including but not limited to accounts receivable and accounts payable as well as credit insurance common to asset-based lending. Learn more about the career areas and lines of business at wellsfargojobs.com . In this role, you will: Perform valuation reviews to confirm appropriate content and compliance with federal, regulatory and bank policy Evaluate and decision collateral for moderately complex consumer requests Suspend collateral decision until deficiencies are resolved Review and decision of collateral valuations Assist with the calculations and preparation of reports for reviews Interact daily with internal and external partners to clarify quality concerns identified during the review process Provide guidance to less experienced staff Interact with organizational department on a wide range of knowledge Interact with internal or external customers in a customer support role Experienced with AFS, (Account Finance System), Loan IQ, AssetReader, to calculate borrowers' financials Design and implement borrowing base certificate (BBC) structures and customized reporting tools which are tailored to each client’s electronic reporting formats, as well as the calculations needed for each deal structure Provide ongoing BBC, application, and reporting tool support across both legacy and new platforms, including oversight of deal structure changes and SOR implementation, as well as handling questions and requests from partners and clients Produce both detailed analysis and high-level trending information to facilitate efficient processes for the various groups we support

Requirements

1+ year of Valuations or Lending support experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Experienced with AFS, (Account Finance System), Loan IQ, AssetReader, to calculate borrowers' financials
Ability to review and interpret complex commercial loan documents
Strong Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
Strong analytical skills with high attention to detail and accuracy
Exceptional verbal, written, and interpersonal communication skills
Effective organizational, multi-tasking, and prioritization skills.
Ability to meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.

Nice To Haves

Accounting or finance experience
Experience with internal systems: Automated Financial System (AFS), Electronic Tracking Reporting and Compliance (eTrac), Blast
Experience with pipeline management

Responsibilities

Perform valuation reviews to confirm appropriate content and compliance with federal, regulatory and bank policy
Evaluate and decision collateral for moderately complex consumer requests
Suspend collateral decision until deficiencies are resolved
Review and decision of collateral valuations
Assist with the calculations and preparation of reports for reviews
Interact daily with internal and external partners to clarify quality concerns identified during the review process
Provide guidance to less experienced staff
Interact with organizational department on a wide range of knowledge
Interact with internal or external customers in a customer support role
Design and implement borrowing base certificate (BBC) structures and customized reporting tools which are tailored to each client’s electronic reporting formats, as well as the calculations needed for each deal structure
Provide ongoing BBC, application, and reporting tool support across both legacy and new platforms, including oversight of deal structure changes and SOR implementation, as well as handling questions and requests from partners and clients
Produce both detailed analysis and high-level trending information to facilitate efficient processes for the various groups we support