Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
The Corporate Loans Support Team supports Wells Fargo Lines of Business in deal administration and agency for all standard market lending products (bi-lateral and syndicated) including revolving credit facilities, term loans, trade and other related facilities within the Loan IQ system.
The Loan Agency Administrator role involves providing this support through daily processing of drawdowns, rollovers, repayments, prepayments, rate fixings and all aspects of the loan processing area. The Loan Agency Administrator will work closely with the main support functions, including Risk, Finance, the Lines of Business and Treasury throughout the various stages of the deal lifecycle.
(Note: In addition to these functions employees are required to carry out such other duties as may reasonably be required)
Daily processing of drawdown, rollover, repayment, prepayment, rate fixing and all aspects of the loan processing area relating to Agency, bi-lateral, and any other related facilities within LoanIQ system
Claiming and collection of principal, interest and fees relating to the above products.
Reviewing and clearing of control report exceptions
Reviewing procedures on a regular basis
Provide solutions to operational problems and suggest improvement to the workflow
Process self-audits on a quarterly basis
Provide excellent internal and external customer service
Participate in Corporate Loan related projects
Market Skills and Certifications
Proven Experience in Loan Agency Administration
Good knowledge of Trade products and processing advantageous
Good knowledge of Loan IQ beneficial
Customer-orientated in approach with strong communication skills and initiative
Control mind-set who uses experience and initiative to proactively risk manage the business
Ability to handle multiple tasks simultaneously
Teamwork, organisational skills and ability to prioritise
Proactive and self-motivated, eye for detail
Proficient in the use of MS office including word and excel
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Team members 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.
Internal Number: 54586BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo