About this role:
Wells Fargo is looking for a self-starting and driven Analyst to join the Commercial Distribution Finance team. The role involves providing support for all phases of the Vendor program governance & reporting. Responsibilities include maintaining proactive links with first and second-line teams across EMEA and USA, conducting portfolio analysis, and collaborating with Vendor Underwriters and Second Line Independent Risk Management to ensure compliance with relevant policies & procedures. If you are detail-oriented and thrive in a fast-paced environment, this opportunity might be a great fit for you.
Join us in shaping the future of finance and making a significant impact in the world of inventory financing.
In this role, you will be responsible for:
Adherence to Financial Statement reporting process management.
File Condition management reporting & execution co-ordination.
Updating and maintenance of System of Record for all Vendor related information with Underwriter co-ordination.
Preparation of monthly portfolio reporting that includes adjacency reporting, operating condition testing, Vendor underwriting policy reporting.
Program recourse utilization reporting co-ordination with USA Portfolio Managers.
Co-ordination with FSR Field Auditors to communicate program parameters they require to execute on audit activity.
Vendor program exposure calculation and reporting, including accurate maintenance of limits in System of Record.
(Note: In addition to these functions employees are required to carry out such other duties as may reasonably be required).
Required Qualifications:
Experience in Credit Portfolio Consulting, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Self-starter with strong ownership for meeting deadlines.
Able to articulate business risks, portfolio risks and present options / recommendations for resolution.
Able to develop strong cross functional relationships with commercial and second line IRM.
Knowledge of Working Capital Finance products, particularly AR factoring.
First class Microsoft Office skills.
Ability to create and deliver presentations to internal stakeholders, including senior CDF management.
Exposure to credit underwriting a plus.
Experience with CDF internal systems also highly desired.
Degree educated, demonstrable credit risk experience, preferably within Portfolio Management.
Posting End Date:
17 Oct 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.
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.
