Oct 18, 2019
Job Description Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume prior to submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application. At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses. Wells Fargo Commercial Capital (WFCC) combines Wholesale's secured lending businesses including Commercial Distribution Finance (CDF), Corporate Trust Services (CTS), Wells Fargo Capital Finance (WFCF) and Wells Fargo Equipment Finance (WFEF). This consolidated group of businesses helps customers leverage their company's assets into flexible financing solutions. WFCC is a leading contributor to Wholesales revenue, assets, and net income. This position is within Wells Fargo Commercial Capital - Corporate Trust Services (CTS) - Document Custody The Securities Administration Services Analyst 2 will be responsible for processing moderately complex transactions or reconcilements relating to loan or security transactions or payments. Duties may include, but are not limited to: • Processing, transmitting, and/or approving money movements associated with loan fundings or security payments • Reconciling daily cash movements to system or bank activity • Reviewing transaction activity for propriety and adhering to established controls and procedures • Monitoring pooled loans to determine non-compliance • Communicating information to more senior analysts and Account Managers. • Interacting with other departments as needed • Researching and interpreting controlling documents as issues arise with loan fundings, collateral, investor or bond payments (i.e. authorization matrices, legal documents, etc.) • May independently resolve daily issues occurring in normal course of job requirements • Incumbents must maintain a working knowledge of their area of expertise, which may include Collateral, Securities, Default, Trust Administration, mainframe production systems or bank software • Complete special projects as needed/assigned in a timely and efficient manner Team members 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. Required Qualifications 1+ year of experience in one or a combination of the following: financial service, accounting, or analytical analysis; or a BS/BA degree or higher; or 2+ years of military experience Desired Qualifications Basic Microsoft Office skills, with advanced skills in Excel Ability to navigate multiple computer systems, applications, and utilize search tools to find information Strong analytical skills with high attention to detail and accuracy Strong math skills Customer service focus with the ability to actively listen, elicit information, comprehend customer issues/needs, and recommend solutions Excellent verbal, written, and interpersonal communication skills Knowledge and understanding of bond securities and bond security structures Knowledge and understanding of Commercial Mortgage Backed Securities (CMBS) Knowledge and understanding of reading and interpreting complex legal documents Advanced Microsoft Excel skills Extensive math skills Other Desired Qualifications • Previous experience using TranStar • Previous experience using Phoenix • Previous experience using BelloQ • Previous experience using BPM • Previous experience using PACS • A Bachelor's degree in Business Administration, Finance, Economics, Accounting, Math, or other analytical field Street Address MD-Frederick: 8480 Stagecoach Cir - Frederick, MD Disclaimer All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act. Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Wells Fargo Frederick, MD, USA Full-Time