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.
Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk. The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.
As the largest mortgage originator and servicer in the country, understanding the value of real estate, both commercial and residential, is critical. Real Estate Valuation Services (REVS) serves as an independent risk management function within Corporate Credit that:
Interprets appraisal regulation and sets Corporate Valuation Policy
Communicates with regulators on pending and proposed regulations
Assumes responsibility for ensuring that compliant valuation processes and practices are in place for all valuations across Wells Fargo
Leads the industry in real estate valuation processes and execution
This REVS Valuation Manager – Quality Control Eastern Territory leader will be responsible for collateral valuation quality assurance for commercial real estate valuations. Responsibilities will include, but not be limited to, the following:
Overseeing REVS collateral valuation team and meeting Wells Fargo's collateral valuation standards, policies and procedures.
Ensuring direct reports are meeting service and quality expectations.
Partnering with the REVS Analytics Team to generate quality assurance reporting that illustrates quality trends, concentrations and risks.
Identifying and assessing key risk control points within Wells Fargo's commercial real estate collateral policies, programs and processes
Ensuring appropriate action plans are developed and implemented by the responsible parties when issues are identified.
As a Team Member Manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:
Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.
5+ years of valuation experience
4+ years of management experience
Commercial real estate experience
Knowledge and understanding of real estate valuations and titles
Ability to take on a high level of responsibility, initiative, and accountability
Good analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Strong time management skills and ability to meet deadlines
Customer service focus with the ability to listen to customer needs and recommend solutions
Other Desired Qualifications
3+ years of recent management of commercial and residential staff appraisers/reviewers for a regional or national institution. This will include expert knowledge and experience performing valuations and territory coverage of the following specific geographic areas:
New York City and surrounding metro area
Newark NJ and the surrounding metro area
Hartford, CT and surrounding metro area
Arlington, VA and surrounding metro area
Washington, DC and surrounding metro area
Atlanta, GA and surrounding metro area
Miami, FL and surrounding metro area
Strong technical and analytical skills including establishing market values and property ratings
A BS/BA college degree or higher; with course work in Appraisal, Real Estate, Finance, Development, Accounting and Construction preferred
Well versed in USPAP and FIRREA requirements (Knowledge of CUSPAP is a plus)
Intermediate computer modeling skills including ability to create and interpret robust Excel and Argus Models
Knowledge/experience with ARGUS is helpful and preferred.
Participation in an appraisal organization such (e.g. Appraisal Institute, American Society of Appraisers, similar real estate/appraisal organizations, etc.) is preferred
Ability to travel up to 20% of the time
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.
Internal Number: 5551956-8
About Wells Fargo
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