Business Relationship Support Specialist – Credit Execution & Administration (Letters of Credit support)

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.
Corporate & Investment Banking (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. Our industry experts provide innovative ideas, growth capital and full execution capabilities, including merger and acquisition advisory services, leveraged finance, investment grade debt, cash management, equity and equity-linked financings, asset securitization and private equity investments. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

About this role:

Wells Fargo is seeking a Business Relationship Support Specialist to join the Letters of Credit (LC) team, which supports various lines of business (LOBs) within Corporate Investment Banking.  This role has a hybrid work schedule with some in-office expectation.  Learn more about our career areas and lines of business at wellsfargojobs.com.

In this role, you will:

• Provide credit deal team support for Letter of Credit issuances, rebooking, pricing changes and billing
• Coordinate auto renewal reporting, customer query support, manual reporting and billing as needed
• Manage ad-hoc request that arise from customers, credit or relationship teams
• Develop expertise in bank policies, procedures, and compliance requirements and ensure adherence
• Book all operating exposure onto the applicable systems of record
• Evaluate and ensure accurate new and existing data in the systems of record
• Partner with managers to resolve issues and provides status updates on implementations
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
• Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Required Qualifications:

• 2+ years of Business Relationship Support experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Knowledge of credit systems of record and tools such as AFS, LIQ, TradeWorks, CoRS
• Knowledge of the booking and closing processes
• Understanding of the credit underwriting and customer due diligence processes
• Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Strong time management skills and ability to meet deadlines
• Outstanding problem solving and decision making skills
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills

Job Expectations:

• Job Location can be Charlotte, Minneapolis, or Houston
• This position is not eligible for Visa sponsorship

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.

$55,300.00 - $98,300.00

Posting End Date:

7 Apr 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.

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.