Commercial Banking Portfolio Associate

Year    TS, IN, India

Job Description

In this role, you will: • Expected to perform quality check, quality assurance, investigation and reporting and closely working with I&P and stateside portfolio management team.
• Have a good understanding of quality assurance process and methodology.
• Undertake Quality checks for Internal triggers calculations, system of records (SOR), credit file archives completed by portfolio managers.
• Complete data quality checks on credit modification reports in accordance with testing plans and aligned to relevant policies, procedures and quality standards.
• Undertake client outreach for financial information and review the information and update SOR.
• Have a good understanding of financial statements including Profit & Loss, Balance Sheet and Cash Flow statement.
• Liaise with portfolio managers, relationship managers, loan specialist team for timely resolution of repairs.
• Complete all quality check activities within the stipulated timeframe to ensure remediation across systems on timely basis.
• Keep up to date to the changes in procedures and guidelines.
• Report the result of testing activities to Senior Stakeholders across Business Units.
• Review basic issues, policies, or procedures for which answers can be quickly obtained, related to low to medium risk tasks and deliverables
• Receive direction from supervisor and exercise independent judgement while developing understanding of function, policies, procedures, and compliance requirements
• Collaborate and consult with managers, functional colleagues, and stakeholders including internal as well as external customers

Required Qualifications: • 2+ years of Quality assurance, investigation and reporting experience.
• Acquaintance to commercial banking products and corporate financial statements preferred.

Desired Qualifications: • Intermediate to advance knowledge of excel, power point and Power BI or similar reporting tools.
• Experience with quality assurance scorecards and workflow tools.
• Excellent verbal, written, and interpersonal communication skills
• Experience in understanding policies and regulatory compliance
• Strong analytical skills with high attention to detail and accuracy
• Experience in providing professional communication and feedback to staff and corresponding managers.
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

Job Expectations: • Graduation degree
• Exhibits a commitment to the company. This position offers a Hybrid work schedule

Posting End Date:




•Job posting may come down early due to volume of applicants.




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, 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.



Applicants with Disabilities



To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .



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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.



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Job Detail

  • Job Id
    JD3418454
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    TS, IN, India
  • Education
    Not mentioned
  • Experience
    Year