Commercial Valuations Manager Job at Wells Fargo (Taguig City)

Job Description

Wells Fargo is seeking to hire a Commercial Valuations Manager, Commercial Banking (Collateral Support). Your role is to lead the Collateral Support team across I&P and will be responsible for conducting and overseeing Collateral monitoring for Asset Based Lending products in Commercial Banking business. The job is responsible for processing, monitoring, and examining client collateral information on asset-based loans. Conducts verifications on account debtors, including high risk-rated, larger, more complex borrowers, and for new loans/prospective customers.

Job Responsibility

Manage and develop a team of individual contributors with low to moderate complexity and risk in Commercial Valuations functional area
Engage stakeholders and internal partners associated with the function
Oversee borrower collateral activity, ensuring the proper controls are in place to protect the bank's assets and to identify and mitigate risk
Make recommendations to senior management on ways to limit the bank's exposure on assigned collateral
Identify and recommend opportunities for process improvement and risk control development within Commercial Valuations functional area
Make decisions and resolve issues regarding resources, objectives, and operations of Commercial Valuations functional area and team to meet business objectives
Interpret and develop policies and procedures for Commercial Valuations functions with low to moderate complexity within scope of responsibility
Collaborate and consult with Commercial Valuations peers, colleagues, and multiple level managers as well as interact directly with external customers
Serve as the liaison to Regional Portfolio Managers, Regional Credit Managers, operations and client services for items related to collateral activity
Manage allocation of people and financial resources for Commercial Valuations
Mentor and guide talent development of direct reports and assist in hiring talent

Requirements

5+ years of Commercial Valuations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
2+ years of Leadership experience
Applicants must be amenable to work on US or night shift, Monday - Friday
Applicants must be amenable to work onsite, 5/NEO, BGC, Taguig City
Supervise entry to middle level individuals in transactional tasks and processes to ensure timely completion, quality, and compliance within Commercial Valuations functional area
Oversee advance processing and approval, collateral monitoring, reporting and tracking for all loans within the portfolio
Perform research and discovery activities related to fraudulent or potentially fraudulent situations
Ensure borrower monitoring procedures adhere to bank guidelines and credit agreements
Identify opportunities for process improvement and risk control development in less complex operations within Commercial Valuations functional area
Make day-to-day supervisory and tactical decisions
Resolve issues related to team supervision, work allocation, and daily operations under direction of Commercial Valuations functional area
Leverage interpretation of policies, procedures, and compliance requirements within Commercial Valuations functional area
Collaborate and consult with Commercial Valuations peers, colleagues, and middle level managers, as well as interact directly with external customers
Manage allocation of people and financial resources for Commercial Valuations
Mentor and guide talent development of direct reports and assist in hiring talent
Exceptional time management abilities, demonstrated by having robust capacity plan in place to manage peaks and trough in workload
Consistent, reliable attention to detail and high standard of accuracy, while also being able to zoom out and consider whether something makes sense in the bigger picture
Maintaining up-to-date knowledge of Collateral Monitoring processes and guidelines, to actively develop individual team members skills & proficiency
Strong technical acumen: Should have an advance understanding of loan system such as ACBS, LoanIQ, AFS which are widely used System of Record for managing Syndicated loans across global banks
Curiosity and an ardent desire to learn more and develop skills independently
Flexibility – our world is ever-evolving, and we are committed to continual improvement to better support our internal and external partners, which means embracing change is the expectation
Understanding and Application of AI Tools: Ability to leverage AI platforms (e.g., Microsoft Copilot, GitHub Copilot, Tachyon, Agentspace) for routine tasks such as summarizing information, drafting content, and analyzing data, while maintaining human oversight
Critical Thinking: Ability to interpret AI outputs, validate insights, and make informed business decisions
Responsible AI Use: Awareness of ethical considerations, data privacy, and compliance when using AI solutions
Adaptability and Continuous Learning: Commitment to upskilling and staying current with emerging technologies
Strategic Integration: Ability to identify opportunities for AI to drive business outcomes and efficiency
Governance and Risk Oversight: Ensure responsible AI practices, compliance with regulatory standards, and ethical deployment across teams
Vendor and Technology Evaluation: Assess AI tools and platforms for suitability, scalability, and alignment with Wells Fargo's enterprise standards

Nice to have

5+ Years of experience in Commercial Banking, Loan Syndication, Collateral monitoring experience
Knowledge on the structure of Asset Based lending loans and end to end knowledge of the credit life cycle in Syndication loan
Knowledge in reviewing and analyzing the Collateral values from a Borrowing base Certificate prepared by the customers or Agent bank
Understanding of how to reconcile the books of bank in Syndication Loan portfolio
Exposure in Analyzing AR Aging reports and decipher appraisal values from field exam report which are upstream process in Collateral Monitoring

Wells Fargo - All Job Offers

Select Country

Commercial Valuations Manager

Job Description

Job Responsibility

Requirements

Nice to have

Looking for more opportunities?

Commercial Valuations Manager

Commercial Manager

Commercial Property Manager

Commercial Manager

Managing Quantity Surveyor

Senior MEP Quantity Surveyor

Real Estate Development Manager

Senior Commercial Manager

Real Estate Development Manager

Our AI answers in your language