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 in Syndication loan.
- 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
- Exceptional time management abilities, demonstrated by having robust capacity plan in place to manage peaks and trough in workload.
- 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 develop 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.
- Curiosity and an ardent 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, which means embracing change is the expectation.
- Ready to work in 18:30 PM 03:30 AM
Required AI Skills And Competencies
- Understanding and Application of AI Tools: Ability to leverage AI platforms (e.g., Microsoft Copilot, GitHub Copilot, Tachyon, Agentspace) for routine tasks such as summarizing information, drafting content, and analyzing data, while maintaining human oversight.
- Critical Thinking: Ability to interpret AI outputs, validate insights, and make informed business decisions.
- Responsible AI Use: Awareness of ethical considerations, data privacy, and compliance when using AI solutions.
- Adaptability and Continuous Learning: Commitment to upskilling and staying current with emerging technologies.
Additional Language For Leadership Roles Only
- Strategic Integration: Ability to identify opportunities for AI to drive business outcomes and efficiency. Champion AI literacy and adoption in teams, and manage change.
- Governance and Risk Oversight: Ensure responsible AI practices, compliance with regulatory standards, and ethical deployment across teams.
- Vendor and Technology Evaluation: Assess AI tools and platforms for suitability, scalability, and alignment with Wells Fargo's enterprise standards.
Reference Number
R-526525
