Commercial Valuations Specialist

About this role:

Wells Fargo is seeking a Commercial Valuations Specialist

In this role, you will:

• Be responsible for the completion of valuation estimates and appraisal reviews of inventory, machinery, and equipment
• Own the third party appraisal process, review and analyze inventory, machinery, equipment, and intangible asset appraisals performed by third party firms
• Summarize third party analyses for review by credit, underwriting, and portfolio management
• Review and analyze basic business, operational, or technical assignments or challenges that require research, evaluation, and selection of alternatives
• Exercise independent judgement to guide medium risk deliverables within Commercial Valuations functional area
• Present recommendations for resolving more complex situations
• Exercise independent judgement while developing expertise within Commercial Valuations functional area, policies, procedures and compliance requirements
• Collaborate and consult with Commercial Valuations colleagues, internal partners, and stakeholders, including internal as well as external customers

Required Qualifications:

• 2+ years of Commercial Valuations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Knowledge on the structure of Asset Based lending loans and end to end knowledge of the credit life cycle.
• Knowledge in reviewing and analyzing the Collateral values from a Borrowing base Certificate prepared by the customers or Agent bank.
• Understanding of how to reconcile the books of bank in Syndication Loan portfolio.
• Exposure in Analyzing AR Aging reports and decipher appraisal values from field exam report which are upstream process in Collateral Management

Job Expectations:

• Consistent, reliable attention to detail and high standard of accuracy, while also being able to zoom out and consider whether something makes sense in the bigger picture.
• Maintaining up-to-date knowledge of Collateral Management processes and guidelines, to actively mentor individual team members skill & proficiency.
• Strong technical acumen: Should have an advance understanding of loan system such as ACBS, LoanIQ, AFS which are widely used System of Record for managing Syndicated loans across global banks
• Should be willing to work in shift from 5.30 PM to 2.30 AM.