Hybrid Associate Analyst, Borrowing Base Services

Posted 2 days ago

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About the role

  • Wells Fargo seeks Associate Analyst in Borrowing Base Services within Commercial Bank. Responsibilities include collateral reporting, post-posting review, and team collaboration for issue resolution.

Responsibilities

  • BBC post-posting review – completing review of BBC posting reconciliations and confirmation of various related components, including Excel formula validation and SOR calculation results
  • Collateral reporting file review – inventorying reports, reviewing different types of standardized and ad-hoc/non-standard collateral files for various information, troubleshooting Excel files, validating client-supplied and internally automated calculations
  • Partnering with multiple teams to resolve any issues that arise during each reporting cycle (technical processing team members, WFI&P support teams, relationship managers, field examiners, clients)
  • Performing trending analysis and anomaly identification, escalating potential issues to appropriate audiences, and maintaining all required documentation in appropriate repositories
  • Assisting with special assignments and projects as needed, including designing new workflows and BAU processes for next-generation reporting platform
  • Maintaining up-to-date knowledge of department processes and guidelines and actively developing individual BBC and other tool-related skill proficiency

Requirements

  • 2+ years of Commercial Valuations support experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Prior experience in relevant Wells Fargo systems, including: OneView, LUCAS, Vantage/Capital Finance/CEO, LoanIQ
  • Prior experience reviewing and managing ABL borrowing bases and underlying reporting
  • Above-average time management skills, including appropriately balancing competing priorities and thriving in an environment with highly cyclical workflow both in terms of work volume and work deadlines/time-sensitivity
  • Consistent, reliable attention to detail and high standard of accuracy, while also being able to “zoom out” and consider materiality and other broader-perspective variables
  • Strong technical acumen: a solid grasp of intermediate-level Excel skills (vlookups, pivot tables, building formulas) demonstrates appropriate aptitude for supporting legacy Excel-based BBC templates
  • Curiosity and a strong desire to learn more and develop skills independently – learning is a mindset, not a task to complete
  • Flexibility – our world is ever-evolving, and we are committed to continual improvement to better support our internal and external partners, including embracing new systems and processes while continuing to support legacy solutions during periods of transition

Benefits

  • 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

Job title

Associate Analyst, Borrowing Base Services

Job type

Experience level

JuniorMid level

Salary

$2,788 - $4,183 per year

Degree requirement

No Education Requirement

Location requirements

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