JOB DESCRIPTION

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message.  In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Commercial Banking provides financial solutions to businesses with annual sales generally in excess of $5 million. Our business lines are Wells Fargo Commercial Capital, Middle Market Banking, and Treasury Management & Payment Solutions.

The Quality Assurance Analyst 2 position will perform Quality Assurance reviews on Commercial loans for FDPA and Flood Insurance requirements.

This position will be responsible for evaluating, monitoring, assessing and/or reviewing programs, processes, claims, documentation and/or files to ensure compliance with internal company requirements and/or agency or government regulations. Functions may include evaluating processes to ensure business standards are followed; providing guidance to lenders and other staff regarding documentation requirements; or evaluating in-process, closed, canceled and declined credit applications, insurance claims, accounts, files, systems and/or processes to ensure company standards are met. Ensures corrective action on exceptions and problems identified, required data is input and proper procedures were followed. Ensures identified risks and/or problems are clearly documented and interacts with appropriate parties for timely resolution. Performs ongoing reviews and generates reports summarizing results. Identifies risks and problem areas and recommends standards, policies, and procedures to correct deficiencies and improve performance. May design and conduct training programs.

Please Note: Position is currently remote; however, employee will be required to work on site at 600 South 4th Street, Minneapolis, MN when Wells Fargo returns to standard operating model.

***Job posting may be removed earlier than stated close date due to volume of applicants.

If you are a Wells Fargo Team Member, in your Jobs Profile ensure that your email address is valid and updated to an address that can receive external emails outside of the banking network.  Initial contact with you will be made via e-mail.  Please check your e-mail regularly for updates.  If you plan to be away from the office, update your contact information to include your personal email to ensure you do not miss communication through the selection process.

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.

REQUIRED QUALIFICATIONS

• 2+ years of experience in one or a combination of the following: quality assurance, financial services administration, loan documentation, loan servicing, underwriting or risk evaluation demonstrated through work or military experience; or a BS/BA degree or higher

DESIRED QUALIFICATIONS

• Intermediate Microsoft Office skills
• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Commercial loan experience
• Ability to review and interpret complex commercial loan documents
• Knowledge and understanding of loan documentation
• Military experience in personnel benefits management, processing military personnel orders or transitions, wartime readiness operations, human resources or military recruiting
• Experience working with military protocol and instructions, enlisted evaluations, officer/leadership reporting, and assistance with keeping military personnel combat-ready and effective
• Knowledge and understanding of regulatory flood compliance
• Flood insurance experience
• Knowledge and understanding of the Flood Disaster Protection Act (FDPA)
• Knowledge and understanding of Private flood insurance policies
• Knowledge and understanding of National Flood Insurance Program (NFIP) insurance policies

OTHER DESIRED QUALIFICATIONS

• Knowledge and understanding of collateral and appraisals

STREET ADDRESS

MN-MINNEAPOLIS: 600 S 4th St - Minneapolis, MN

DISCLAIMER

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act. Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

BENEFITS SUMMARY

BENEFITS  

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.