Trade Services Manager

WELLS FARGO BANK, NATIONAL ASSOCIATION
  • Job category
    Banking and Finance, Professional Services, Others
  • Job level
    Manager
  • Contract type
    Permanent, Full Time
  • Location
    Central
  • Salary
    S$7695 - S$12695

Job Description

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 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.


Responsibilities:

  • Processing of Loans      including fees and associated payments
  • Evaluate loan documents and      provide timely feedback
  • Schedule funding      disbursement for approved loans
  • Track requisite approvals      and documentation as per Bank policy
  • Prepare loan reports per      regular schedule and adhoc requirement
  • Check and provide Audit      Confirmation requests from customers
  • Loan facility establishment      and renewal processing in system
  • Well versed in various      Industry norms on Syndicate and Bilateral loans, Asset repurchase, sell      down, agency requirements etc.
  • Good knowledge of Loan IQ      product processing system is a must
  • Work closely with different      business stake holders, treasury, finance, compliance etc. to ensure      smooth flow of transactions
  • Track and follow-up for      interest payment and fees from customers through the business teams.
  • Processing of interest      repricing and loan rollovers in system records
  • Handling of physical loan      agreements received at branch
  • Manage a team of document      examiners and customer service professionals
  • Interface with various      internal stake holders including front office team, product, compliance,      legal and technical advisory team.
  • Interface with external      customers
  • Manage Nostro      reconciliation and other reconciliations for the branch

Requirements:

  • Good experience in      handling Lending product & LIQ system
  • Experience in handling      syndicated, bilateral & agency lending arrangements
  • Good knowledge of ICC rules      including UCP600, ISBP745, ISP98, URDG758, URR725 and URC522
  • Good knowledge of Commodity      LCs, risks and mitigations
  • Good knowledge of various      compliance requirements pertaining to Trade Finance & Lending      Operations
  • Good team management skills
  • Proven track record of      managing internal and external audits
  • Good interpersonal and      communication skills
  • At least 10 years of      relevant experience in Lending Operations, Trade Finance processing      and Document Examination is a must.
  • CDCS certification is      preferable

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.

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.

Team members 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.


Closing on 25 Apr 2021

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