About this role:
Wells Fargo is seeking a Borrowing Base Services Senior Business Analyst in Wells Fargo Commercial Capital as part of Commercial Bank. Learn more about the career areas and lines of business at wellsfargojobs.com.
In this role, you will:
- Designing BBC templates for new clients that are compatible with SOR limitations and aligned with credit agreement intent, and providing direct onboarding support and guidance to client in all collateral reporting-related matters
- Maintaining BBC’s and/or reporting packages as changes occur throughout the life of the loan, including modifications and reconciliations to recurring Field Exam results
- Obtaining appropriate approvals (per departmental guidance) and memorializing adequate documentation for all updates
- When necessary, performing all Departmental duties described under the job summary above and assisting with a variety of special projects as assigned
Required Qualifications:
- 4+ years of Commercial Valuations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Prior asset-based lending/borrowing base experience: reading credit agreements, structuring borrowing bases, calculating/reviewing ineligibles
- Knowledge of internal WF systems including OneView, LUCAS, Vantage/CEO
- Strong intermediate-level Excel skills
Job Expectations:
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This position is not eligible for Visa sponsorship
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This position offers a hybrid work schedule
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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
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May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards
#commercialbanking
Location:
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300 South Brevard - Charlotte, North Carolina 28202
- 2700 S Price Road - Chandler, Arizona 85286
- 5000 Riverside Road- Irving, Texas 75039
- 90 South 7th Street Minneapolis, Minnesota 55402
- 1700 Lincoln Street Denver, Colorado 80203
- 800 South Jordan Creek Parkway West Des Moines, Iowa 50266
Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered. Relocation assistance is not available for this position.
Pay Range:
Minneapolis – Minnesota Pay Range: $84,000 - $149,400 USD annual (this range may not be applicable to other locations)
Denver– Colorado Pay Range: $84,000 - $149,400 USD annual (this range may not be applicable to other locations)
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Employees in this position are primarily responsible for enabling post-close collateral reporting for ABL clients through the setup and maintenance of BBC templates and their related supporting calculation tools/backup.
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.
$84,000.00 - $149,400.00
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:
2 May 2025
*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 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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
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