Wells Fargo Hiring for loan documentation processor at Bangalore Full Time

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

2 to 3 years of experience –

preferably in Risk & regulatory Data validation & remediation that exists on SORs

Skills

• Understanding of Credit Agreements and Credit Approval Documents

• Ability to interpret the loan/credit documents
• Validate information on various SORs with exhaustive authoritative documentation
• Good understanding of key Credit Terms; such as Dealer Applications, Articles of Organization, Articles of incorporation, SS4 documents, Interest Rates, Advance Rate, Loan limits, fees etc.
• Good with MS Excel

Responsibilities

• Good analytical, research, and problem solving skills
• Knowledge on accounting and finance, Industry analysis, Internal and external risk factors of the borrower
• Proactively respond to inquiries on accounts and resolving any discrepancies
• Cross train on other existing processes
• Should be flexible in switching roles in between multiple processes as per business requirement
• Very detailed oriented and flexible to work
• Should be flexible in taking additional responsibilities and ensure smooth execution without compromising on quality and timelines

Essential Qualifications

Education Qualification: Bachelor’s Degree or equivalent or MBA

• Good problem solving and analytical skills
• Receives and reciprocates basic information clearly in the written and oral form; Demonstrates good command over the English language
• Ability to escalate issues appropriately
• Ability to accurately process high volumes of work within established deadlines
• Ability to adapt to change and work on multiple processes
• Ability to set priorities, and deliver the tasks within the stipulated timelines
• Process work as agreed with the LOB and adhering to the procedures/standards of the process
• Flexibility to work in different shifts
• Ability to succeed in a team environment

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, or status as a protected veteran.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.