Wells Fargo is seeking a role within the cash management space.
Cash Management team works on inbound payment activities inclusive of posting payments for Wire, Check, Automated Clearing House. Reporting related to cash activities, monitoring workflows, posting suspense, and posting payoffs. Review and validate a customer-initiated money movement request, including cashier’s checks, book, or fund transfers (internal), loan advances or payments, or wire transfers and refunds.
This position is responsible for managing end to end cash application processes, ensuring accuracy and efficiency in cash transactions, and supporting vendor finance and factoring processes.
The role requires a strong understanding of cash operations and ability to manage deadline, troubleshoot issues, and contribute to team performance.
About this role:
Wells Fargo is seeking an Associate Operations Processor.
In this role, you will:
- Perform general clerical operations tasks that are routine in nature
- Receive, log, batch, and distribute work
- File, photocopy, and answer phones
- Prepare and distribute incoming and outgoing mail
- Regularly receive direction from supervisor and escalate questions and issues to more experienced roles
- Work under close supervision following established procedures
Required Qualifications:
- 6+ months of operations support experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Bachelor’s degree in finance. Commerce, Business Administration, or a related field
- 0 to 6 months of operations support experience in Banking and Financial Services (BFS), or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education.
- Proficiency in MS office particularly Excels.
- Excellent communication skills and the ability to work collaboratively across teams.
- Familiarity with cash management systems will be desirable.
- Oversee daily cash application activities, ensuring timely and accurate processing of payments / transactions.
- Investigate, troubleshoot, and resolve exceptions.
- Analyze and address issues by escalating to management in a timely manner.
- Gain understanding of various Cash management related applications.
- Identify risk exposure in the process and able to come up with controls to ensure mitigation of risk.
- Exhibits detail-oriented skills to ensure zero/near ops loss situations.
- Flexibility to work in shifts and ensure timely completion of deliverables.
- High sense of accountability
- Require considerable knowledge of company personnel policies and practices.
- Collect data and prepare related operational reports.
- Quick learner and ability to adapt to change.
- Good knowledge of accounting and corporate financial accounting system
- Demonstrates/maintains professional conduct under all circumstances.
- Passion for improving processes and tools to enhance business outcomes and operational efficiency.
- Highly motivated individual who can work well independently and, in a team, environment.
- Ability to recognize and escalate issues to management for any process breaches.
Posting End Date:
20 Feb 2025
*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.
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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
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b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
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What We Do
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $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 more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Relevant military experience is considered for veterans and transitioning service men and women.
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Why Work With Us
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