Collateral Analyst 2

  • Company: Wells Fargo
  • Location: Jacksonville, Florida
  • Posted: September 08, 2017
  • Reference ID: 5354906-1
Job Description

Responsible for processing, monitoring and examining client collateral information on existing and new asset based loans. Includes all stages from the receipt and verification of sales journals, collateral reports, and agings, to resolution of customer problems and questions. Duties include posting and reconciling sales and accounts receivable adjustments; reconciling cash reported to cash received; investigation and resolving customer inquiries; receiving, processing, and posting advance requests; reviewing accounts receivable aging information, and sending verifications to confirm balances; training new customers on reporting and procedures; assisting with training new staff. Handles the most complex or sensitive loans.

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 and if 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

  • 2+ years of collateral analysis experience

Desired Qualifications

  • Ability to work in a fast paced deadline driven environment
  • Customer service focus with experience actively listening, eliciting information, comprehending customer issues/needs, and recommending solutions
  • Effective organizational, multi tasking, and prioritizing skills
  • Excellent verbal, written, and interpersonal communication skills
  • Extensive knowledge and understanding of accounting
  • Good analytical skills with high attention to detail and accuracy
  • High level of initiative and accountability
  • Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills

Other Desired Qualifications
  • Accounts receivable experience
  • Asset based lending experience
  • Accounting background

    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.

Share this Job