About this role:Wells Fargo is seeking a Senior Valuations Specialist to join our Real Estate Valuation Services (REVS) - Project Review Team. Learn more about the career areas and business divisions at wellsfargojobs.com
In this role, you will:- Complete valuation estimates and appraisal reviews of inventory
- Act as owner for the third-party appraisal process
- Contribute to large scale strategies related to Valuations processes
- Review inventory and appraisals performed by third party firms
- Perform evaluations on credit, underwriting, and portfolio management
- Develop internal estimates of inventory, machinery and equipment, and intangible assets for asset-based lending purposes
- Resolve moderately complex issues and lead team to meet project deliverables while leveraging solid understanding of the processes and risks involved
- Collaborate with collateral exam team providing inventory valuation estimates for the purpose of establishing advance rates on individual transactions
- Perform as project leader and mentor for other staff
Required Qualifications:- 4+ years of Valuations, Lending, or Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:- Cooperative Project Review experience
- Strong analytical skills with high attention to detail and accuracy
- Excellent verbal, written, and interpersonal communication skills
Job Expectations:- Review and perform accurate analysis to ensure adherence to agency and non-agency guidelines
- Apply knowledge of standard underwriting procedures, creditor financial analysis techniques.
- Obtain Co-op Level 1 delegation within 60 days of start date.
Hours and training:- Training 8am - 5pm in office (tentative)
- Schedule after training will be 8am - 5pm or 9am - 6pm.
- Hours may change due to business needs and may include overtime.
Posting End Date: 19 Nov 2024
*Job posting may come down early due to volume of applicants. We Value DiversityAt 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.
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.
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