Work Director 1

☞ WELLS FARGO BANK

View: 106

Update day: 06-05-2024

Location: Hyderabad / Secunderabad Telangana

Category: Real Estate

Industry:

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Job content

About Wells Fargo


Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description


Department Overview


Insurance team is responsible to ensure that commercial property insurance is monitored based on the coverages required as per the partnership agreement for CLI and loan agreement/guidelines for loans valued 5o million or above for CMBS, WFMC and Capital Finance. Insurance tracking process starts with collection of insurance certificates by directly contacting Insurance companies, agents and borrowers via phone calls and emails and then auditing these certificates to ensure borrower is compliant with loan documents. Insurance Audit team is also responsible for sending out non-compliance letters to insurance agents and borrowers notifying the deficiencies in the certificate with respect to loan agreement. Insurance team also takes care of escrow disbursements to ensure invoices received from agents are paid in timely manner.

About the Role


This role is responsible for administering multiple Commercial Real Estate Insurance functions. Duties for this role will include supervising related applications, Process Mailboxes, resolving escalations from LOB, agents or borrowers via emails or calls, managing rush requests delivery.

Responsibilities

  • Ability to improve, create an environment of continuous process improvement.
  • Ability to adapt quickly and effectively lead through change.
  • Demonstrated experience in giving feedback, coaching and mentoring.
  • Experience in managing workflow within established deadlines.
  • Ability to assess issues, make quick decisions and implement solutions.
  • Should take accountability for functional and process level activities.
  • Ability to work independently on complex issues.
  • Proven ability to meet or exceed daily SLAs.
  • Interacting and collaborating with all stakeholders with minimum guidance
  • Should possess excellent verbal, written, and interpersonal communication skills.
  • Have advanced Microsoft Office skills.
  • Facilitate process trainings, team meetings or present information to an audience.
  • Engaging team members, their performance management, career development, coaching, hiring, mentoring, and succession planning.
  • Ability to facilitate process trainings, team meetings or present information to an audience.
  • Should be able to use lean and six sigma tools.
  • Should understand the error patterns, work be able to work on approvals/disbursements.
  • Identify controls and mitigate ops loss or near miss scenarios in the process.

Essential Qualifications

  • University degree in Finance, Commerce or related discipline.
  • 3+ years of experience in handling Commercial Real Estate Loans with real time experience and knowledge of loan servicing documents and applications
  • Excellent Communication Skills

    Desired Qualifications

  • Experience of training, mentoring and giving feedbacks
  • Completed CMS 1.0, CMS 2.0 and Campus MBA–I & II




Market Skills and Certifications


Leadership Expectations at Wells Fargo


As a Team Member manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:

  • Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
  • Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.


We Value Diversity


At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate. 65609
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Deadline: 20-06-2024

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