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For your reference, we have included the original job posting below.
Collateral Asset Base Exmr 4
Job Number:
42817089
Company Name:
Wells Fargo
Job Location:
LOS ANGELES, CA US
Job Category:
Accounting & Finance
Collateral Asset Base Exmr 4
Wells Fargo Capital Finance (WFCF) offers traditional asset-based financing, specialized senior secured financing, accounts receivable financing purchase order financing, and supply chain financing to a wide range of companies throughout the U.S.
This position is within the Factoring Division. Perform field exams on existing borrowers and prospects. Obtain information on AR collateral performance relating to dilution, turnover, ineligibles, etc. Evaluate inventory performance as to aging, presold, turnover, and adequacy of reporting. Perform Letter of Credit review. Establish recommended reserves on AR and Inventory and communicate to client administration. Prepare a clear and concise written report highlighting areas of exposure. Other areas of review to include cash, accounts payable, gross profit, taxes, and general ledger.
Basic Qualifications: 5+ years collateral asset based examiner experience.
Minimum Qualifications: Strong accounting and analytical skills. Ability to analyze financial statements and interpret legal documents. Excellent verbal, written and interpersonal communications skills.
- Knowledge of Factoring - Drivers license and automobile, ability to travel 20%
Preferred Skills: - Accounting Degree - Proficiency in IDEA Program