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.

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 inquiries 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:

• 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 ​

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Salary is just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs).

$28.85 - $43.75

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:<