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About this role:

Wells Fargo is seeking an Operations Senior Manager in the Commercial Capital Finance/Asset Based Lending (ABL) Group as part of the Wholesale Lending Operations Division. Learn more about our career areas and lines of business at wellsfargojobs.com.

The Operations Senior Manager is responsible for providing day to day support for a multi-location Asset Based Lending (ABL) operations loan servicing team. The major tasks consist of participation settlements, LIBOR/Tranche setups, and supporting internal and external clients and partners. The individual will also be responsible for learning an in-house, Asset Based Lending (ABL) loan system called LUCAS, (Loan Underwriting Collateral Analysis System).

In this role, you will:

• Manage a multi-location staff of 6 to10 Commercial Loan Servicing Representatives
• Support external clients and partners which include Relationship Managers, Underwriters, and Collateral team members
• Review and implement processes to maximize efficiency of the team
• Closely monitor work performance and provide specific direction in order to maximize team member effectiveness and efficiency
• Comply with all service level agreements (SLA)
• Review and approve all daily work for accuracy
• Review and complete all required end-of-day (EOD) and end-of-month (EOM) tasks
• Prepare and participate in end-of-month (EOM) financial variance meetings
• Minimize and eliminate errors including operational losses
• Participate in all required projects and meetings
• Participate in all LUCAS operational enhancement meetings and user acceptance testing (UAT) systems testing
• Provide training to staff as needed
• Complete semi-annual and annual performance reviews

Required Qualifications:

• 6+ years of Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 3+ years of management experience

Desired Qualifications:

• 4+ years of experience in the Financial Services industry
• 4+ years of experience in Commercial Lending to include experience with Asset Based Lending (ABL)
• Ability to interact with all levels of an organization, including management
• Excellent verbal, written, and interpersonal communication skills
• Advanced Microsoft Office skills
• Process efficiency experience, including process assessment and recommendations for improvement
• Ability to motivate staff to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Strong organizational, multi-tasking, and prioritizing skills
• Understanding of Asset Based Lending (ABL) documents and principles

Job Expectations:

• Ability to travel up to 5% of the time

Posting Locations:

• 14241 Dallas Pkwy, Suite 1300, Dallas, Texas 75254
• 600 S 4th St, Minneapolis, Minnesota 55415
• 150 E 42nd St, New York, New York 10017
• 1525 W W T Harris Blvd, Charlotte, North Carolina 28262
• 1100 Abernathy Rd, Atlanta, Georgia 30328
• 21255 Burbank Blvd, Woodland Hills, California 91367

Salary Range:

• $106,300/annually - $188,900/annually (California)
• $115,900/annually - $206,100/annually (New York)

Other Information:

• This position is hybrid and will require the selected candidate to work on-site /in-office 3 days a week.
• Relocation assistance is not available for this position.
• Job posting may come down early due to volume of applicants.

#commercialbanking

Pay Range
$96,600.00 - $171,800.00 Annual
Benefits

Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.

• 401(k) Plan
• Paid Time Off
• Parental Leave
• Critical Caregiving Leave
• Discounts and Savings
• Health Benefits
• Commuter Benefits
• Tuition Reimbursement
• Scholarships for dependent children
• Adoption Reimbursement

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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Drug and Alcohol Policy

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