Wells Fargo S2 Trade Services Processor 

India, Tamil Nadu, Chennai 

544406382

In this role, you will:

• Responsible for supporting all Letter of Credit related transactions backed by ABL booked on Lucas and Choice SORs.
• Review incoming import letters of credit applications of ABL & Factoring customers, ensuring accuracy , credit criteria is met and adherence to established guidelines.
• Verify the authenticity and completeness of letter of credit documents and related information.
• Review and prepare documents for new issuances and amendments, process Import LC discrepancy notices, perform reconciliations.
• Prepare manual Journal Vouchers for accounting entries as applicable.
• Post L/C details in ledger and expiry dates for L/Cs issued in our favor.
• Review cash clearing open items and resolution within corporate policy.
• Support performance of less experienced staff and overall effectiveness of team
• Provide feedback and present ideas for improving or implementing processes and tools within Loan Servicing functional area
• Perform administrative, transactional, operational, or customer support tasks
• Resolve complex client problems and inquiries
• Provide subject matter expertise and interpretation of procedures to less experienced staff
• Use independent judgment to review and file claims while ensuring compliance with all federal, state, client and company policies, procedures, and regulations
• Participate in regional or team meetings, and provide guidance and training to less experienced individuals
• Assure compliance with contractual obligations regarding reporting and other aspects
• Ability to process the request within established deadlines as per the procedures and without errors
• Flexibility towards contributing on different processes & assignments
• Collaborate effectively with various teams as required and be an active participant

Required Qualifications:

• 2+ years of Trade Services experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

27 Feb 2025

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.