Physical Collateral Examination Associate

About this role:
Wells Fargo is seeking a Physical Collateral Examination Associate within Commercial Banking. Learn more about the career areas and lines of business at wellsfargojobs.com .
Territory is based in Everett, Washington. You must live in assigned territory for efficiency purposes or be willing to relocate. For this territory, you must within 30 minutes of Everett, Washington.
In this role, you will:

• Participate in audits of floor plan inventory at various dealerships and companies
• Perform physical inspections of dealer inventories and reconcile with business records through effective communications with account managers
• Review approval requests and ensure completion of all operating and action measures within established timeframes
• Inspect physical existence of collateral and verify the borrowers' records to determine adherence to approve loan structure
• Receive direction from supervisor to ensure accurate responses on customer inquiries and disputes
• Exercise judgment in determining the cause of discrepancies and disposing of any variances
• Assess condition of collateral with prompt and accurate reporting to confirm the collateralized position
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Performs physical inspections of commercial business inventories to assess their condition to provide prompt and accurate reporting. Covers jobs performing physical inspections of commercial business inventories to assess their condition in order to provide prompt and accurate reporting to confirm their collateralized position. May also be involved in responding to customer inquiries, questions, documentation issues, billing errors, disputes, and program changes.
Required Qualifications:

• 6+ months of Collateral Examination experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 6+ months of auditing experience
• 6+ months of customer service experience
• Bachelor's degree in accounting, finance, economics, business or related field
• Ability to work independently and in a team environment
• Able to anticipate and adapt to rapidly changing, growth-oriented environment
• Good verbal and written communication skills
• Outstanding problem solving and decision-making skills
• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
• Proficient knowledge of business practices and processes
• Ability to work with limited supervision
• Ability to negotiate with customers to obtain necessary documentation.
• Strong problem solving and mathematical skills

Job Expectations:

• Must be willing to travel overnight up to 50% of the time
• Ability to push/pull 50 pounds and lift 25 pounds
• Ability to work in outdoor environments up to 8 hours per day
• Ability to travel daily with 4 or more hours of driving per day
• Reliable transportation for daily business travel
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process
• Must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act
• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards

#CommercialBank
Additional Information:

• This position does not support VISA sponsorship
• Posting may come down early based on applicant volume

Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$34.62 - $52.40
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:
5 Dec 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.
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.