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Wells Fargo

Lending Operations Manager-Collateral Insurance Monitoring

Reposted 4 Days Ago
Be an Early Applicant
Hybrid
Des Moines, IA
Mid level
Hybrid
Des Moines, IA
Mid level
The role involves managing a team, overseeing collateral activity, improving processes, ensuring compliance, mentoring staff, and collaborating with stakeholders in Commercial Banking.
The summary above was generated by AI
About this role:
Wells Fargo is seeking a Lending Operations Manager in Commercial Banking Collateral Insurance Monitoring.
In this role, you will:
  • Manage and develop a team of individual contributors with low to high complexity and risk in Commercial Banking Collateral Management functional area.
  • Oversee borrower collateral activity, ensuring the proper controls are in place to protect the bank's assets and to identify and mitigate risk.
  • Identify and recommend opportunities for process improvement and risk control development within Commercial Banking Collateral Management functional area.
  • Make decisions and resolve issues regarding resources, objectives, and operations of Commercial Banking Collateral Management functional area and team to meet business objectives.
  • Interpret and develop policies and procedures for Commercial Banking Collateral Management functions with low to high complexity within scope of responsibility.
  • Manage allocation of people and financial resources for Commercial Banking Collateral Management
  • Mentor and guide talent development of direct reports and assist in hiring talent.
  • Engage stakeholders and internal partners associated with the Commercial Banking Collateral Management functional area.
  • Participate in the formulation and implementation of new and revised systems, policies, and guidelines.
  • Oversee implementation of practices to ensure compliance with Wells Fargo legal, investor, regulatory, or business policies.
  • Resolve issues regarding performance of a business unit or functional area to ensure business objectives are met.
  • Collaborate and consult with Lending Operations peers, colleagues, and multiple level managers accountable for providing quality customer service to internal or external customers.
Required Qualifications:
  • 4+ years of Transactions and Processing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 2+ years of Leadership experience
Desired Qualifications:
  • 2+ years of management experience
  • Experience motivating staff to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Experience building a strong team environment and fostering employee engagement
  • Commercial or Wholesale Underwriting experience
  • Insurance monitoring experience
  • Credit Spreading Experience
  • Demonstrated ability to lead Operations teams through change initiatives
  • Prior experience with Commercial Lending
  • Experience negotiating, managing, and amending complex credit agreements
  • Experience in leading process improvements and sponsoring technology initiatives
  • Experience with Microsoft Excel reporting and data acumen to make data driven decisions
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Experience reviewing and interpreting insurance policies as they apply to collateral secured loans
  • Ability to navigate multiple computer systems, applications, and utilize search tools to find information
  • Understanding of risk and effective control management, with the ability to lead and achieve satisfactory audit results
  • Knowledge and understanding of collateral analysis for an asset-based lending company
Job Expectations:
  • Ability to work hybrid schedule
  • Willingness to work on-site at stated location on the job opening
Posting Location:
  • Des Moines, Iowa
This position is not eligible for VISA sponsorship
Posting End Date:
18 Aug 2025
*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. 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.
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 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.

Top Skills

Excel

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