About this role:
Wells Fargo is seeking a Lead Valuation Specialist to join the Valuation Review Department within Shared Services Operations. This role provides a great opportunity to be involved in strategic transformation initiatives taking existing processes and functionality and enhancing them to create consistent, sustainable processes with reporting capabilities. Will act as a liaison with technology, business, and control to manage business-developed solutions for valuation review team platforms. Will partner with internal and external stakeholders provide defect/enhancement solutions, as well as business requirements.
This is a highly visible role where you will interact across LOBs, third parties, regulatory and state agencies along with executive leadership. You will be responsible for managing project implementation, and timelines for assigned efforts under the Vendor Oversight and Monitoring evolution efforts along with projects identified to further improve upon existing Valuation Review Department functions ensuring continued compliance with regulatory requirements. You will also provide technical subject matter expertise to partners inside and outside of the Valuation Oversight and Monitoring Team, including project leadership teams and various senior-level stakeholders.
Want more jobs like this?
Get jobs in Charlotte, NC delivered to your inbox every week.
In this role, you will:
- Lead team supporting Valuation Oversight and Monitoring (VOM) activities as part of the Valuation Review department
- Represent the bank by performing and overseeing appraiser state board reporting activities
- Responsible for prompt and accurate research and resolution of appraisal related bias complaint and inappropriate appraiser commentary activities
- Manage appraiser watch and exclusionary list
- Manage non-appraiser watch and exclusionary list
- Responsible for distribution and maintenance of WF watch and exclusionary lists to applicable parties
- Manage Advisory Panel activities including facilitating meetings
- Responsible for ensuring appropriate execution of VOM Controls
- Responsible for interacting with various levels of leadership including presenting to senior leaders and executives
- Work with internal and external partners to evolve VOM Collateral Management System functionality creating efficiencies in processes and effective reporting capabilities
- Facilitate employee management functions including training, performance monitoring activities and coaching
- Assume responsibility for ongoing evaluations of new equipment and equipment under lease to ensure values are accurate and the portfolio is sound for Valuations
- Research, evaluate and approve and recommend residuals and assist sales management in structuring transactions for markets, equipment and businesses
- Assist in planning, forecasting, researching and collection of all off lease equipment
- Resolve highly complex issues and lead team to meet project deliverables while leveraging solid understanding of the processes and risks involved
- Collaborate and consult with individuals, colleagues and management to resolve problems and achieve objectives
- Act as project leader or mentor for staff
Required Qualifications:
- 5+ years of Valuations, Lending, Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Critical thinking
- Problem solving
- Conflict resolution
- Knowledge of the Collateral Management System
- Process design / redesign
- Functionality development / enhancement experience
- Standard Operating Procedure, job aide, process development and writing ability
- Experience working with external and internal audit groups
- Pipeline management
- Senior Leader / Executive presentation experience
- Experience facilitating employee training
- Experience facilitating employee management functions
- Experience facilitating internal monitoring activities
- Experience reviewing residential appraisal products
5 Nov 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.