About this role
Wells Fargo is seeking a Lead Operations Processor.
In this role, you will
- Support management in the day-to-day supervision of less experienced team providing guidance, and resolution to issues contributing to overall effectiveness of team
- Provide feedback and present ideas for improving or implementing processes and tools within Operations group
- Perform or guide others on complex escalated issues that require planning, evaluation, and interpretation
- Prioritize work and provide daily work leadership and mentorship to team
- Provide training and technical guidance to less experienced staff
- Lead or contribute to implementation of new or revised processes and procedures that require coordination among operation teams
- Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
- Interact with internal customers
- Receive direction from leaders
- Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
- Serve as a resource to other departments on transaction structure, documentation, and company policies
Required Qualifications
- Experience in Operations, or equivalent demonstrated through one or a combination of the following work experience, training, military experience, education
Desired Qualifications
- Serves as Operational Relationship Manager for clients within their portfolio
- Perform routine administrative, transactional, operational, and customer support tasks, including but not limited to
- Deals Closing/Originations tasks/Boarding and Funding of new deals
- Financial Statement Spreading/Financial Analysis
- Cash Application/Suspense Payment Remediation
- Invoice/Billing reconciliation and other tasks
- Letters of Credit processing
- Payments-related processing
- Doc Prep/Doc review
- Small Business fulfillment tasks
- Provide feedback and present ideas for improving or implementing processes and tools within Commercial Loan Operations
- Perform or guide others on complex business and operational decisions that require planning, evaluation, and interpretation
- Review and prepare loan related documents render complex or escalated loan servicing tasks
- Independently prioritize work and provide day-to-day-work leadership and mentorship to Commercial Loan Closing team
- Lead or contribute to implementation of new or revised processes and procedures that require coordination among various work groups
- Provide guidance and subject matter expertise to peers, colleagues and managers on the functions, policies, procedures and compliance requirements
Job Expectations
- Bachelor's degree in Finance and Accounting
- More than 5 years relevant working experience in the field of Accounting/Finance preferably in General Accounting, Accounts Receivable accounting, Loan accounting, Bookkeeping.
- 2 years + experience in banking industry Wholesale, Commercial Banking or Corporate Investment Banking or Shared Service organization
- Business and accounting Skills (concept of Debit and Credit)
- Excellent English comprehension, written and verbal communication skills, and interpersonal skills
- Good problem solving and analytical skills & ability to accurately process high volumes of work within established deadlines
- Strong Organizations skills - detail oriented
- Sound risk management mindset and good understanding of compliance
- Proficient in MS Office especially MS Excel
- Able to perform work and report on PH public holidays if falling on Mondays to Fridays including Christmas and New Years eve
- Amenable to work on US shift 9PM to 6AM
- Knowledge GAAP Accounting
- Quick learner
- Highly motivated individual who is able to work well independently and in a team environment
- Ability to recognize and escalate issues to management for any process breaches
- Ability to multitask to accomplish tasks and meet deadlines effectively
- Ability to work quickly & accurately while maintaining acceptable standards of workmanship
- Flexibility to stretch to accomplish projects timely
- MBA, CPA, CMA, CFA is an advantage
For job titles under Deals Closing, FSS, Invoicing, Factoring Ops, Trades, SBO Fulfillment
Operations Analysts will be responsible for processing, monitoring and examining new invoicing received from clients that will need to be posted in the detail to the customer account receivables set-up and approval of customer accounts, funding and review of lease or loan contracts, pricing and collateral details provide data transmission, document generation and management and inbox management of different portfolio.
Posting End Date
*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 USAll 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, visitDisability Inclusion at Wells Fargo
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy