Regional Account Manager - 6 month contract
- Contract, Full time
- Wells Fargo Bank
- 23 Oct 17 2017-10-23
The role will be responsible for managing assigned dealer accounts and assisting in the on-boarding of new customers and vendors. Key role for communication with vendors relating to Account Management processes and operating systems. Additionally the role will be responsible for managing KYC / AML procedures in relation to new dealers and investors.
About Wells Fargo: Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
The Account Manager will report directly to the CDF- Portfolio & Account Management Leader. The role will be responsible for managing assigned dealer accounts and assisting in the on-boarding of new customers and vendors. Key role for communication with vendors relating to Account Management processes and operating systems. Additionally the role will be responsible for managing KYC / AML procedures in relation to new dealers and investors.
The role is a 6 month contract and will be based in Singapore.
Essential Functions (Responsibilities):
•Ensuring accounts assigned are being monitored and managed in accordance with CDF’s proprietary portfolio control policies and procedures.
•Managing quality of control and records in operating systems (AIMS) for Dealers in CDF Asia USD.
•Carrying out rigorous reviews of work-queues and initiating appropriate follow-up activity. Contacting assigned dealers seeking timely resolution of early-stage issues such as past due payments & account performance concerns.
•Ensuring action and closure rates on workflow items for assigned accounts to you are maintained in line with expected and regularly measured standards.
•Escalation of issues and concerns to management on a timely and thoughtful basis.
•Supporting existing customers with additional requirements such as credit line increases.
•Supporting existing customers with dispute resolution & account queries such as invoice / payment reconciliation, refund or waiver requests & direction on how to use COMS to access & manage their account.
•Taking the key responsibility for communication with vendors relating to operating systems, portfolio controls, payment process, new dealer on-boarding process, etc.
•Managing KYC/AML procedures in relation to new dealers and investors and supporting CDF AML Leader.
•Supporting the New Business teams with the on-boarding of new customers providing training on Wells Fargo account practice and systems including COMS.
•Setting up of new accounts in AIMS.
•Setting and monitoring portfolio reporting processes in relation to participation agreements.
•Requesting assigned customers to provide certain other information from time to time such as (but not limited to) up to date evidence of Inventory Insurance or Financial data / accounts.
•Controlling delinquency monitoring processes.
•Leading ad-hoc projects assigned by Portfolio & Account Management Leader.
•3+ years of proven experience in Account Management, Collections / Portfolio Control, Operations, Finance preferably in a fast moving commercial finance environment. Able to lead a project with limited guidance.
•Strong teamwork values and strong work ethic and commitment.
•Professional customer / associate / colleague relationship skills.
•Multi-skilled and versatile with ability to manage multiple tasks.
•Ability to work proactively to solve problems and work independently.
•Able to work under tight schedules to a high quality and consistently meet objectives.
•Clear concise written & oral communication.
•Fluency in English. One of local languages in Asia is plus.
•Proficient in MS Office Suite (Word, Excel, PowerPoint) programs.
•Understand products/services offered.
•Work within the framework of company regulations e.g. data protection, ensuring compliance at all times.
•Ability to stay abreast of market and portfolio trends and industry best practices.
• Risk / Operations Management / Finance experience in a leasing/ financial services environment.
•Bachelor, preferably in Finance, Accounting or Business or other tertiary qualification in related business discipline.
•English + additional language in Asia (preferably Mandarin)
Team members 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.