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About this role:
Wells Fargo is seeking a an Portfolio Support Specialist within Commercial Capital as part of Commercial Banking. Learn more about the career areas and lines of business at wellsfargojobs.com .
Excellent entry level opportunity for a recent college graduate to start their career in Commercial Banking. This Portfolio Support Specialist position is responsible for processing, monitoring, and examining contract information on asset-based leases and loans. Duties include reconciling and adjusting accounts, analyzing contracts, data entry, invoicing and collecting on accounts, investigating and resolving customer inquiries, assisting account managers with resolution of delinquent accounts, collateral reporting, special projects and other related duties as required.
In this role, you will:
Be responsible for processing, monitoring, and examining client collateral information on asset based loans, including all stages, from the receipt and verification of sales journals, collateral reports, to the resolution of customer problems and questions
Perform routine administrative tasks, posting and reconciling sales, and accounts receivable adjustments, reconciling cash reported to cash received, investigating, and resolving customer inquiries, reviewing accounts receivable aging information, sending verifications to confirm balances, and receiving, processing, and posting advance requests
Regularly receive direction from supervisor and escalate questions and issues to more senior roles within Commercial Valuations functional area
Interact with an immediate Commercial Valuations team on basic information, as well as internal and external customers
Required Qualifications:
6+ months of Commercial Valuations experience , or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Data entry experience
6+ months of of data analysis experience
Prior collections, customer service and/or retail banking experience
Bachelor's degree in either Finance, Accounting or Economics
Basic knowledge and understanding of accounting
Basic Microsoft Office skills
Good analytical skills with high attention to detail and accuracy
6+ months of Commercial Valuations experience
Excellent verbal, written, and interpersonal communication skills
Ability to work effectively in a team environment
Strong MS Office skills with a particular emphasis on MS Excel
Job Expectations:
Hybrid schedule, 4 days in the office 1 day remote
Compensation:
Hourly wage for the state of Connecticut-$24.38-$36.59
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. $24.38 - $36.59 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: 26 Sep 2024 * Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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.
Candidates applying to job openings posted in US: 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.
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.