Supplier Finance Sales
2 weeks ago
This position is part of the Supplier Finance product team within Global Receivables and Trade (GRT). Supplier Finance is a high growth product of Wells Fargo Commercial Banking which provides working capital solutions for Commercial Banking (CB) and Corporate and Investment Banking (CIB). Supplier Finance is a credit and payment services program provided to large, multinational clients to ensure adequate liquidity to their broad supply base by enabling Wells Fargo to provide early payments to such suppliers for invoices resulting from supplier shipments to the client. Once a client has agreed to implement such a program, this client (the "Buyer") will sponsor the program in conjunction with Wells Fargo, and facilitate Wells Fargo's recruiting of its suppliers to individually join the program for accelerated payments, known as an Accounts Receivable purchase/discount. The position is part of the Supplier Onboarding team supporting the sales team and manager with adding new suppliers to join the Buyer sponsored programs through marketing, education and documentation.
In this role, you will:
- Support the sourcing and documentation of new suppliers and modifications for existing suppliers including preparation and distribution of program agreements and marketing materials
- Coordinate with external counsel on legal negotiations and Uniformed Commercial Code filings
- Manage and respond to supplier inquiries
- Submit supplier system change requests
- Input and track sales activity in CRM database, Salesforce, including metrics reporting preparation and analysis
- Research supplier leads and contact information internally and externally to maximize market penetration
- Support GRT team members with ad hoc business projects or presentations
- Follow all compliance, control and regulatory requirements and manage risks
- 2+ years of secured or specialized lending relationship management or portfolio management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Sales and/or execution support experience with commercial or corporate banking products
- Familiarity and/or experience in accounts receivable factoring and/or accounts receivable purchasing programs
- Up to 10% Travel
17 Jun 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.
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