Physical Collateral Examination Associate

About this role:

Wells Fargo is seeking a Physical Collateral Examination Associate to support the Client Management Enablement Group as a part of the Commercial Bank.  Learn more about the career areas and business divisions at wellsfargojobs.com.

Performs physical inspections of commercial business inventories to assess their condition to provide prompt and accurate reporting. Covers jobs performing physical inspections of commercial business inventories to assess their condition in order to provide prompt and accurate reporting to confirm their collateralized position. May also be involved in responding to customer inquiries, questions, documentation issues, billing errors, disputes, and program changes.

Territory is based in Troy, Michigan. You must live in assigned territory for efficiency purposes or be willing to relocate. For this territory, you must within 15 miles of Troy, Michigan.

In this role, you will:

• Participate in audits of floor plan inventory at various dealerships and companies

• Perform physical inspections of dealer inventories and reconcile with business records through effective communications with account managers

• Review approval requests and ensure completion of all operating and action measures within established timeframes

• Inspect physical existence of collateral and verify the borrowers' records to determine adherence to approve loan structure

• Receive direction from supervisor to ensure accurate responses on customer inquires and disputes

• Exercise judgment in determining the cause of discrepancies and disposing of any variances

• Assess condition of collateral with prompt and accurate reporting to confirm the collateralized position

• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:

• 6+ months of Collateral Examination experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 6+ months of auditing experience

• 6+ months of customer service experience

• Bachelor's degree in accounting, finance, economics, business or related field

• Ability to work independently and in a team environment 

• Able to anticipate and adapt to rapidly changing, growth-oriented environment

• Strong verbal and written communication skills

• Outstanding problem solving and decision-making skills

• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills

• Ability to work with limited supervision

• Ability to negotiate with customers to obtain necessary documentation.

• Strong problem solving and mathematical skills

Job Expectations:

• Must be willing to travel overnight up to 50% of the time

• Ability to push/pull 50 pounds and lift 25 pounds

• Ability to work in outdoor environments up to 8 hours per day 

• Ability to travel daily with 4 or more hours of driving per day 

• Reliable transportation for daily business travel

• Must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act

• This position is not eligible for Visa sponsorship 

• This position offers a hybrid work schedule 

• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process 

#CommercialBank ​

Posting End Date: 

19 Feb 2026

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 an