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Wells Fargo Lead Commercial Banking Portfolio Coordinator 
India, Karnataka, Bengaluru 
227152327

18.08.2024
  • Wells Fargo India & Philippines
    Wells Fargo India & Philippines (WFIP) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services. WFIP operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about WFIP at our .

    Department Overview

    The Business Services team across locations provides processing and voice supportand to enablea follow-the-sundelivery model for Wells Fargo that would help us service our customers faster.

    About the Role

    6-10 years of experience in all or multiple combination of the following:

    Spread Financial statements of private as well as public limited companies of different industries in credit application utilized for traditional asset-based lending, specialized senior secured financing, Accounts receivable financing and purchase order financing to companies and make relevant adjustments in cash flow and various ratio calculations to reflect true financial status of the customers

    Responsibilities

  • Technical:
  • Includes end to end responsibility of request received from clients includes financial spreading in MRA tool, analyzing financial statements, identification of trend and provide financial commentaries on cause and effect on identified trend as per business requirement
  • Prepare projected financial statements as per relationship managers requirement
  • Complete Pro forma adjustments based on the projected financial information as per requirement
  • Should be able to interpret and spread financials of different companies belong to different division as per business requirement at any given day
  • Assessing the repayment capacity of the highly leveraged Borrower’s.
  • Should handle subjectivity in the financial analysis/spreading and substantiate with reasons
  • Operational:
  • Should be flexible in switching roles in between Processors/DSO/QC at any point of time during the day/months as per business requirement
  • Should be flexible in taking additional responsibilities and ensure smooth execution without compromising on quality and timelines
  • Act as a coach or mentor to facilitate learning from experience depending on requirement
  • Facilitates communication to resolve problems and advancestrategies.
  • Make a significant contribution toward achieving team goals through knowledge and skills.
  • Lead or champion efforts to increase productivity and goal accomplishment.
  • Essential Qualifications

    Chartered Accountant and Bachelor's Degree (Commerce Mandatory), equivalent

  • Strong knowledge on accounting and finance, Industry analysis, Internal and external risk factors of the borrower
  • Should have an experience in assessing credit worthiness of the borrowers based on qualitative and quantitative factors
  • Strong knowledge of preparation and analysis of projected and Proforma based financial statements
  • Sound knowledge of ratio analysis, cash flow, and trend analysis
  • Should have experience of Financial spreading across all the Industries
  • Sound knowledge on Moody's Risk Analytics (MRA) (addedadvantage)
  • Strong knowledge on GAAP Accounting / International Financial Reporting Standards
  • Ability to read & analyze financialstatements.
  • Excellent knowledge of MS office application primarily MS Word, MS Excel and Powerpoint
  • Strong analytical skills.
  • Excellent communication skills
  • Should be flexible to stretch as per business requirement
  • Desired Qualifications

  • Stakeholders/Client management
  • Able to multi-task to accomplish tasks effectively.
  • Strong analytic skill, Quick Learner & Attention to detail
  • Ability to work quickly & accurately while maintaining acceptable standards of workmanship
  • Ability to recognize and escalate to management for any process breaches
  • Highly motivated with strong organizational
  • Flexibility to work in different shifts
  • Ability to succeed in a team environment