Market Job Description
About Enterprise Global Services
Enterprise Global Services (EGS) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services.
EGS operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about EGS at our International Careers website.
The Financial Institutions Group is part of the Corporate and Investment Banking division of Wells Fargo Bank’s Wholesale business.
The FIG Portfolio Management and Underwriting Unit supports Wells Fargo Bank in taking the right exposure on other banks / Financial institutions, by underwriting the credit of Financial Institutions across the Globe .
About the Role
The Financial Institutions Group (FIG) Credit Analyst protects Well Fargo's exposure by preparing quality credit underwriting for use by various Wholesale banking personnel.
Specifically, the FIG Credit Analyst evaluates banks and other financial institutions in different regions like Asia and the Indian sub-
continent, Europe, Latin America and the Middle East based upon standard and documented underwriting criteria as per Corporate and FIG Credit Policies.
The end-product of the underwriting activity is a timely and thorough review of the financial institution, with appropriate internal risk ratings assigned to the counterparty and acceptable justification of those ratings.
Primary duties include :
Timely and accurate credit reports of banks and other financial institutions including Non-Bank Financial Institutions (NBFI) in assigned geographic markets.
This includes extensive financial statement analysis of individual institutions and comparison to other peer institutions within the same country
5 years of corporate credit underwriting / 1-2 years of bank underwriting experience, having worked in the credit department of whole sale banks / credit rating agencies
qualification to apply.