Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.
At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Wells Fargo Commercial Banking delivers a comprehensive suite of products and industry expertise to serve the diverse financial needs of companies with annual sales typically ranging from $5 million to $2 billion. As a leader in serving commercial customers, Wells Fargo offers financial services including credit and treasury management solutions as well as specialized expertise across industries including Technology, Food, Beverage & Agribusiness, Investor Real Estate and Government.
This position is within Corporate Trust Services (CTS), a division of Commercial Capital.
Wells Fargo Bank is the premier provider of Corporate Trust Services. We are currently seeking a highly motivated dynamic individual to fill a Reverse Engineering Consultant 1 position in the Corporate Trust Services Group. The group is responsible for new deal development and change management of cash flow modeling across a variety of asset classes (Domestic and International RMBS, CMBS, and CLO; State and Local Municipal housing agencies; Municipal & Corporate Debt; Lease; ABS Student Loans). These tools are built in compliance with legal documents and assist the deal teams in performing monthly bond payment & tax calculations. The new deal development and change management process is a key risk and quality control function and is instrumental in improving efficiency and accuracy.
Develop and maintain cash flow models of limited complexity in a variety of applications (Intex, Access, Excel, etc.)
Understand, interpret, and analyze legal documents on a variety of asset classes
Participate in the change management process of cash flow models for requested enhancements
Work with internal/external clients and provide support to the bond payment and tax teams by troubleshooting and problem solving requests in a timely manner
May identify and communicate processing issues and escalate for resolution.
Propose recommendations for automated solutions to replace any manual or semi-automated processes
Follow departmental procedures, policies, and controls in order to ensure accuracy, efficiency, and minimize risk
Participate in projects, including assisting systems support groups with design, programming, analysis, testing, and implementation
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
1+ year of mortgage finance experience, securitization modeling experience, or a combination of both; or a BS/BA degree or higher
Intermediate Microsoft Office skills
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Other Desired Qualifications
Four year degree in Finance, Math, Computer Science or other analytical discipline
Masters or other graduate level work in an analytical discipline
Knowledge of one or more of the following asset classes: Domestic and International RMBS, CMBS, and CLO; State and Local Municipal
Housing Agencies; Municipal & Corporate Debt; Lease; ABS Student Loans
Strong grasp of securitized product deal structures and bond payment calculations
Knowledge of REMIC tax is a plus
Experience with securities legal documents such as Trust Agreements, Indentures, Prospective Supplements, Pooling and Servicing Agreements, and Private Placement Memorandums
Proficient programming in MS Office applications: Access, Excel, and/or VBA
Experience with Intex modeling language, Intex Dealmaker, Intex Calc
Problem solving skills
Strong organizational, multi-tasking, and prioritizing skills
The salary range displayed below is based on a Full-time 40 hour a week schedule.
MD-Columbia: 9062 Old Annapolis Road - Columbia, MD MN-Minneapolis: 600 S 4th St - Minneapolis, MN NY-New York: 150 E 42nd St - New York, NY
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo