Wells Fargo
Financial Services
CommercialCollectionsRepresentative
Neural analysis suggests this role is
optimal for Mid+ candidates.
“Commercial Collections Representative at Wells Fargo. Skills: Commercial Collections, Loan portfolio management. Support medium to high-risk portfolio. Review medium to high-risk portfolio”
Industry & Context.
Critical thinking; Problem-solving
Work additional hours, Based out of posted location
What They're Looking For.
Must Have
1+ years Commercial Collections experience
Nice to Have
1+ years Collections experience, Experience in Accounting, Experience in Accounts Receivable/Payable, Customer service experience, Experience with Artiva, Experience with InfoLease, Intermediate Microsoft Office skills, Ability to navigate multiple computer systems, Ability to provide customer service, Sound analytical skills, Experience delivering results in fast-paced environment, Sound organizational skills, Ability to work independently, BSA degree in accounting, BSA degree in finance, BSA degree in economics
What You'll Do.
Support medium to high-risk portfolio
Review medium to high-risk portfolio
Negotiate medium to high-risk portfolio
Research credit information
Research account information
Handle workout problem loans
Handle restructuring problem loans
Handle restructuring payment plans
Review account equity
Determine loss projections
Monitor portfolio for policy compliance
Monitor portfolio adherence to risk ratings
Assist in training entry level staff
Participate in issue specific training
Execute company policies and procedures
Handle core assignments effectively
Take on additional responsibilities
Collaborate with peers
Collaborate with colleagues
Consult with colleagues
Collaborate with managers
Consult with managers
Interact with internal customers
Receive direction from leaders
Exercise independent judgment
Develop knowledge of function
Develop knowledge of policies
Develop knowledge of procedures
Develop knowledge of compliance requirements
How You'll Work.
Team & Collaboration
Collaborate with peers; Consult with managers; Interact with internal customers
Communication Scope
Verbal communication; Written communication; Interpersonal communication
Full Job Description
**About this role:** Wells Fargo is seeking a Commercial Collections Representative within Commercial Banking Operations. Learn more about the career areas and lines of business at [wellsfargojobs.com](https://www.wellsfargojobs.com/career-areas/). **In this role, you will:** * Support, review, and negotiate a medium to high-risk portfolio consisting of more complex delinquent loans of high-level collateralized accounts which require special handling and research * Research credit and account information, handle workout and restructuring problem loans and restructuring payment plans * Review account equity to determine loss projections * Monitor portfolio for policy compliance and adherence to risk ratings * Assist in the training of entry level staff * Participate in conducting issue specific training in conjunction with Manager * Utilize a high degree of knowledge and understanding of company policies and procedures and execute without issue * Lead by example, handle core assignments effectively while taking on additional responsibilities * Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals * Interact with internal customers * Receive direction from leaders * Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements **Required Qualifications:** * 1+ years of Commercial Collections experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education **Desired Qualifications:** * 1 or more years of Collections experience * Experience working in roles within Accounting and/or Accounts Receivable/ Payable * Customer service/Customer Care experience * Experience working with the following systems: Artiva and InfoLease * Intermediate Microsoft Office (Word, Excel, and Outlook) skills * Ability to navigate multiple computer systems, applications, and utilize search tools to fi
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