Wells Fargo - Charlotte, NC
posted 6 months 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. You will coordinate with external counsel on legal negotiations and Uniformed Commercial Code filings, manage and respond to supplier inquiries, submit supplier system change requests, and input and track sales activity in the CRM database, Salesforce, including metrics reporting preparation and analysis. Additionally, you will research supplier leads and contact information internally and externally to maximize market penetration, support GRT team members with ad hoc business projects or presentations, and follow all compliance, control and regulatory requirements while managing risks.