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1 Merchant Services QA - Small Business Underwriting Concurrence Job in Des Moines, IA

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B10 Wells Fargo Bank, N. A.
Des Moines, IA | Full Time
$63k-84k (estimate)
2 Months Ago
Merchant Services QA - Small Business Underwriting Concurrence
$63k-84k (estimate)
Full Time 2 Months Ago
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B10 Wells Fargo Bank, N. A. is Hiring a Merchant Services QA - Small Business Underwriting Concurrence Near Des Moines, IA

About this role: Wells Fargo is seeking a Lead Business Execution Consultant on the Quality Assurance Team as part of Merchant Services. Learn more about the career areas and lines of business at wellsfargojobs.com. This is a new position on the team designed to support the quality assurance activities for Merchant Services and will align to credit underwriting oversight of concurrence and decisioning on merchant underwriting files as their primary role function. The QA will be responsible for following procedures to independently source test files and perform Quality Assurance assessments. Underwriting experience will be leveraged to perform decision and concurrence oversight reviews for Small Business Banking (SBB) Underwriting Concurrence. Knowledge of Quality Assurance requirements is necessary to ensure the control(s) maintain compliant execution. A successful candidate will possess an ability to apply exceptional, independent critical thinking skills and effective application of QA policy and underwriting requirements for merchant services, small business or equivalent. You will be responsible for providing oversight to policy aligned control program(s). Other Quality Assurance program execution and strategic initiatives may be assigned. In this role, you will: Lead cross functional teams to strategize, plan, and execute a variety of programs, services and initiatives Drive accountability for assigned initiatives, limit risk exposure, and create efficiencies as appropriate Review strategic approaches and effectiveness of support function and business performance Perform assessments through fact finding and data requiring creative approaches to solving complex issues, and develop appropriate solutions or recommendations Make decisions in highly complex and multifaceted situations requiring solid understanding of business group's functional area or products, facilitate decision making and issue resolution, and support implementation of developed solutions and plans Collaborate and consult with members of the Business Execution team and team leaders to drive strategic initiatives Influence, guide and lead less experienced Strategy and Execution staff within the group Will conduct QA oversight of complex credit underwriting decisions that required analytical skills and understanding of related Credit policies in support of Merchant Services Operations Provide Small Business Banking credit underwriting oversight for Fiserv credit decisions Execute controls in support of effective FLOD underwriting risk management Influence, guide and lead less experienced Strategy and Execution staff within the group Drive accountability for assigned initiatives, limit risk exposure, and create efficiencies as appropriate Review strategic approaches and effectiveness of support function and business performance Perform assessments through fact finding and data requiring creative approaches to solving complex issues, and develop appropriate solutions or recommendations Make decisions in highly complex and multifaceted situations requiring solid understanding of business group's functional area or products, facilitate decision making and issue resolution, and support implementation of developed solutions and plans Required Qualifications, US: 5 years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Small Business Banking credit and/or underwriting experience Quality Assurance testing experience Credit risk, commercial underwriting, commercial loan review, portfolio management or equivalent experience in financial services Experience identifying and driving process improvements in a complex banking environment; including a strong knowledge and application of controls Ability to engage, influence, and collaborate with a wide range of stakeholders to deliver results Ability to draft and present to senior management in a clear and concise manner in written and oral form Demonstrated ability to independently lead complex projects with cross-functional participation Ability to exercise sound judgment, demonstrate professionalism, and proactively escalate issues along with recommendations for successful resolution Ability to take initiative and work independently with minimal supervision in a structured environment Ability to multi-task and work in a highly matrixed and fast paced business environment Effective organizational skills with the ability to manage multiple and sometimes competing priorities Effective communication skills across all audiences Professional certifications such as CBCA (Commercial Banking & Credit Analyst) beneficial, but not required Job Expectations: Willingness to work on-site at stated location on the job opening. This role offers a hybrid work schedule. This position is not eligible for Visa sponsorship. Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered. Relocation assistance is not available for this position. Posting End Date: 12 Mar 2024 *Job posting may come down early due to volume of applicants. We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. 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 US: 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. 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 & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo For questions on how to search and apply, visit our frequently asked questions.

Job Summary

JOB TYPE

Full Time

SALARY

$63k-84k (estimate)

POST DATE

03/13/2024

EXPIRATION DATE

06/08/2024

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