Job Information
Wells Fargo Securities Operations Specialist- Property and/or Casualty Insurance - Specialty Asset Servicing in MINNEAPOLIS, Minnesota
About this role:
Wells Fargo is seeking a Securities Operations Specialist as part of Specialized Asset Support Services within Wealth and Investment Management Operations. This team is responsible for supporting specialty asset management by working directly with insurance companies, lenders and other internal partners to review the insurance coverage on Real Estate, Loan and Miscellaneous assets, as well as maintaining insurance on the bank's master trust policy.
The Securities Operations Specialist will support leadership by being the point of contact for the team and field partners, engaging with vendors as well as assisting with system functionality and enhancements. The Securities Operations Specialist will also be responsible for processing transactions and delegating tasks among the insurance team. Learn more about our career areas and lines of business at wellsfargojobs.com .
In this role, you will:
Participate in moderately complex lifecycle support initiatives and identify opportunity for process improvements and procedural impacts while providing coaching and feedback to staff within WIM Operations.
Review and analyze basic or tactical functional operational tasks or challenges that require research, evaluation, and selection of alternatives; exercise independent judgment related to low-to-medium risk deliverables
Present recommendations and guide others on complex production improvement efforts and address procedural impacts.
Develop expertise in the following operational processes including binding, endorsing and cancelling insurance coverage, customer service, reporting, and general ledger reconciliation.
Collaborate, provide information to and consult with peers, colleagues and managers including internal and external customers to resolve issues and achieve team goals.
Research low to moderately complex business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requests.
Receive direction from leaders and exercise independent judgement while developing the knowledge to understand functions, policies, procedures and compliance requirements.
Support overall effectiveness of the team according to plans; monitor, disperse and supervise the daily production activities of staff.
Contribute and may lead implementation of projects, new or revised processes, and procedures that require coordination among operation teams and perform analysis for initiatives that support business strategies making decisions on matters with financial impact and risk.
Required Qualifications:
4+ years of Securities Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
4+ years of property and/or casualty insurance related experience
Desired Qualifications:
Demonstrated experience analyzing external insurance policies and contacting insurance agents
Thorough understanding of residential and commercial insurance coverages and policies
Ability to effectively collaborate across departmental boundaries to derive at optimal solutions for project initiatives
Ability to navigate multiple computer systems, applications and utilize search tools to find information
Ability to research and report on a variety of issues and possess solid problem-solving skills
Ability to take ownership over business processes and takes initiative to proactively address risk, enhance efficiencies
Highly effective communication skills and people leadership skills
Strong attention to detail and accuracy
Ability to act as a subject matter expert
Job Expectations:
Willingness to work Monday - Friday on-site at stated location
This position is not eligible for Visa sponsorship
Posting Location:
- Minneapolis, Minnesota
Posting End Date:
17 Sep 2024
*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 .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Company: WELLS FARGO BANK
Req Number: R-395130
Updated: Sun Sep 15 01:54:07 UTC 2024
Location: MINNEAPOLIS,Minnesota