Wells Fargo Lending Operations Manager in ROANOKE, Virginia
About this role:
Wells Fargo is seeking a Lending Operations Manager in Commercial Banking as part of the Wholesale Lending Flood Operations (WLFO) team.
The Wholesale Lending Flood Operations team is a key control in ensuring Wells Fargo is fully assessing Flood risk and is compliant with the FDPA Policy. Failure to mitigate risk in this portfolio would have significant impacts to the Bank by creating defects that could result in regulatory and policy violations and adverse impact to internal and external customers. This leader role will be responsible to lead a team that executes on the quality control reviews on Commercial Banking loans specific to Flood Disaster Protection Act (FDPA) requirements. This will include oversight of pipeline management, service level agreements (SLA), and communications with front line partners, insurance agents and flood vendors. The candidate must demonstrate the ability to get into the details of processes, solve for root cause issues with urgency and identify opportunities for simplification. The ideal candidate will also be a catalyst for change management in a dynamic, regulated environment. Lead with energy and enthusiasm to deliver change. Works collectively with leaders, team members and stakeholders to sets a high standard for regulatory compliance and execution. Support the development and execution of a risk control framework.
In this role, you will:
Manage the activities of a Loan Servicing Quality Control team responsible for quality control of pre-closing or closing tasks, loan monitoring, and loan servicing activities related to FDPA requirements
Engage stakeholders and internal partners associated with WLFO
Identify and recommend opportunities for process improvement and risk control development within Wholesale Lending Operations functional area
Participate in the formulation and implementation of new and revised systems, policies, and guidelines
Oversee implementation of practices to ensure compliance with Wells Fargo legal, investor, regulatory, or business policies
Make credit decisions and resolve issues regarding performance of a business unit or functional area to ensure business objectives are met
Interpret and develop policies and procedures for functional areas with low to moderate complexity, and with accountability for special portfolio segments requiring focused management
Collaborate and consult with Wholesale Lending Operations peers, colleagues, and multiple level managers accountable for providing quality customer service to internal or external customers
Manage allocation of people and financial resources for Wholesale Lending Operations
Mentor and guide talent development of direct reports and assist in hiring talent
4+ years of Transactions and Processing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
2+ years of Leadership experience
Strong Analytical Skills with high attention to detail and accuracy
Strong problem-solving skills
Excellent verbal, written, and interpersonal communication skills
Experience with financial services businesses in a regulated environment
Experience with pipeline management oversight
Knowledge and understanding of Federal Emergency Management Agency (FEMA)
Knowledge and understanding of Private flood insurance policies
Knowledge and understanding of National Flood Insurance Program (NFIP) insurance policies
Knowledge and understanding of flood insurance policy requirements, contents value and appraisals
2+ years of experience in Flood Disaster Protection Act (FDPA) compliance and process experience
2+ years of quality control experience
Knowledge and understanding of real estate or commercial loans
Ability to review and interpret complex commercial loan documents
Ability to read and interpret legal documents
Experience reviewing insurance policy applications for completeness, accuracy, and acceptability of risk
Risk and regulatory compliance experience
Intermediate Microsoft Office software skills including Word, Outlook, Excel and PowerPoint
600 South 4th Street, Minneapolis, Minnesota
801 Walnut Street, Des Moines, Iowa
7711 Plantation Road, Roanoke, Virginia
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.
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.
Company: WELLS FARGO BANK
Req Number: R-258252-3
Updated: Thu Mar 16 00:00:00 UTC 2023