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Operational Accounting Assistant

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About this role:

Wells Fargo is seeking an Operational Accounting Assistant...


In this role, you will:

  • Perform a variety of activities related to reconciling and balancing accounts
  • Research and resolve moderately complex accounting issues and exceptions
  • Resolve disputes for customers, clients and vendors, related to balancing situations
  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

 

Job Expectations:

  • Handle complex queries and liaise with the Asset Management team/LOB for final disbursement of funds.
  • Communicate with Trust, third party servicers and other CMS teams to establish and record Authentication forms and certificate of authority
  • 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.
  • Demonstrates/maintains professional conduct under all circumstances.
  • Support in process expansion
  • Work on cross-functional support and process efficiencies.
  • Flexibility to work in shifts and ensure timely completion of deliverables.
  • High sense of accountability

 

Required Qualifications:

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


Desired Qualifications:

  • Knowledge and experience in Commercial Mortgage Servicing including Investor Reporting to Trust, Remittance and Reconciliation of funds.
  • Ability to interpret and understand the Loan documents, Loan Servicing Agreements and language pertaining to the requirements for Sub Servicing Agreements and Pooling & Servicing Agreements.
  • Knowledge of Strategy Loan accounting system a major plus.
  • Good knowledge of Sub Servicing reporting, reserve reporting, delinquency reporting, Collections account statement reporting and Watch list reporting.
  • Experience in calculating Appraisal Reduction Amounts, ASERs.
  • Ability to review loan agreements, manage inventory and continuously coordinate with special servicers.
  • Experience in handling Realized Losses.
  • Excellent comprehension and communication skills coupled with the ability to interact with LoB during calls and gain their confidence.
  • Experience in handling escalations from the borrowers/stakeholders
  • Ability to multi-task working on multiple sub-queues / activities within the process
Set alert for similar jobsOperational Accounting Assistant role in Hyderabad, India
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Company

Wells Fargo

Job Posted

a year ago

Job Type

Full-time

WorkMode

On-site

Experience Level

3-7 years

Category

Accounting

Locations

Hyderabad, Telangana, India

Qualification

Bachelor

Applicants

Be an early applicant

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