LA News

Car Crashes Into Apartment Complex in Norwalk; Driver in Custody

A person was taken into custody after crashing a car into the side of an apartment complex in Norwalk Sunday and then attempting to flee, the Los Angeles County Sheriff’s Department’s Norwalk Station said. Deputies responded to the intersection of Alondra Boulevard and Gard Avenue at around 1 a.m. to find a vehicle that had crashed into the side of the building, authorities said. The unidentified driver was taken into custody after attempting to flee, LASD said. Authorities said no […]

Former Business Manager Accused of Defrauding Stan Lee Appears in Court

A former business manager of the late comic book legend Stan Lee had his initial court appearance early Sunday in Arizona, where he was arrested after fleeing California charges of fiduciary elder abuse. Keya Morgan appeared in Maricopa County Superior Court on a charge of being a fugitive of justice. Court documents show Los Angeles police alerted authorities in the Phoenix suburb of Scottsdale that Morgan’s cellphone was being used in north Scottsdale. Morgan, 43, was found in a house […]

Another Horse Dies at Santa Anita, Becoming 26th Thoroughbred to Die at the Track Since Dec. 26

A third horse has died in nine days at Santa Anita when Kochees could not be saved by surgery on Sunday morning after sustaining an injury Saturday during the sixth race. He was vanned off the course and a splint was applied. He stayed overnight in his stall in the hope of stabilizing his condition. Since the injury to his left front leg was not a compound fracture, surgery was an option. It would have ended his career but saved […]

‘If You Want to Live, Keep Going’: Woman Rescued After 17 Days in Hawaii Forest Ate Moths, Wild Raspberries to Survive

A Hawaii woman who was found alive in a forest on Maui island after going missing more than two weeks ago said she at times struggled not to give up. Amanda Eller told the New York Times that despite these moments, she told herself “the only option I had was life or death.” “I heard this voice that said, ‘If you want to live, keep going.’ And as soon as I would doubt my intuition and try to go another […]

Simon Pagenaud Wins Indy 500 on Penske’s Golden Anniversary

Simon Pagenaud may have saved his job by giving Roger Penske a golden Indianapolis 500 victory. Pagenaud gave the venerable team owner his 18th victory in “The Greatest Spectacle in Racing” by outdueling Alexander Rossi in a breathtaking 13-lap sprint to the finish Sunday. The two swapped the lead five times over the final stretch before Pagenaud stormed to the front for good seconds before he took the white flag. Rossi chased him for the final lap around Indianapolis Motor […]

Another Teenager Dies in Santiago Canyon Crash That Killed Driver and Injured Passengers After Car Slammed Into Tree

A teenager who was in a vehicle that slammed into a tree on a dark road Saturday in Santiago Canyon has succumbed to his injuries, making him the second person to die in the crash that also injured three other people, authorities said. The driver, Joshua Morales, 19, of Santa Ana and a 17-year-old Garden Grove boy died in the crash, California Highway Patrol said. CHP did not identify the Graden Grove boy but the Orange County Register reported that […]

Police Searching for Missing 5-Year-Old Utah Girl Say Case Is ‘Not Going to End Well’; Her Uncle Has Been Arrested

Police in Logan, Utah, are continuing their search for a 5-year-old girl who disappeared from her family’s home over the weekend. Elizabeth Shelley was last seen at home by her mother on Saturday at 2 a.m., according to Logan City Police Captain Tyson Budge. Eight hours later, police were alerted that the girl was missing. Also missing from the home that morning was 21-year-old Alexander Whipple, Elizabeth’s uncle, who police say is the main suspect in the case. He had […]

Sunday “Gayle on the Go!”, Sunday, May 26th, 2019

Happy Holiday Weekend! We might have some rain drops Sunday, but there are plenty of indoor events to enjoy! After taking a look at my report, PLEASE BE SURE TO SCROLL DOWN TO SEE MORE INTERESTING EVENTS BELOW. (Wow! There is so much happening I could not jam all of this information in what I broadcasted!) Please forgive the error on this graphic; someone got carried away! :-( MAY IS MILITARY APPRECIATION MONTH. THERE IS NO SUCH THING AS ARMED […]

Woman Suffers ‘Significant Bite Injuries’ in Florida Alligator Attack

A woman has been airlifted to a hospital after she was bitten by an alligator in Florida, according to the Brevard County Fire and Rescue service. The woman suffered “significant bite injuries” and was bitten on the leg and flank, according to the department. The attack happened near Fay Lake Wilderness Park, about 20 miles from Cape Canaveral. The department said it would not release the woman’s identity because of patient privacy laws, and referred further inquiries to the Florida […]

10-Year-Old Boy Among 3 Hurt After Being Ejected from Log Ride at Riverside Amusement Park

Authorities say three members of a family were injured, one critically, when they were ejected from the log ride at a Southern California amusement park. Fire officials say the ride malfunctioned and one of the log-shaped vessels overturned Saturday at Castle Park in Riverside. Officials say riders were thrown from the vessel and trapped in the water. Fire Capt. Brian Guzzetta says a woman was hospitalized in critical condition. A man and 10-year-old boy were treated at a hospital for […]

Summer Pet Safety Tips with Dr. Jeff Werber

Celebrity Veterinarian Dr. Jeff Werber shares tips to keep dogs and other pets safe in high summer temperatures. Find Dr. Jeff on social media @drjeffwerber or at DrJeff.com. Originally aired on KTLA 5 Weekend Morning News on Sunday, May 26, 2019.

Battleship IOWA Museum Previews Their Memorial Day Tribute

Erin Myers joins the Battleship IOWA Museum team as they preview their Memorial Day tribute event taking place on Monday, May 27th. For more information, visit pacificbattleship.com. Originally aired on KTLA 5 Weekend Morning News on Sunday, May 26, 2019.

Suspected Shooter Found Dead in Culver City Motel After Hours-Long Standoff

Police officers surrounded a Culver City motel where a suspected shooter was barricaded in one of the rooms Sunday, the Los Angeles Police Department said. A SWAT team entered the room after an hours-long standoff and found the suspected gunman dead from a self-inflicted gunshot wound, police said a preliminary investigation revealed. Authorities received reports of a person who had been shot at around 6:09 a.m. in the area of Lincoln Boulevard and Flower Avenue in Venice, LAPD Officer Mike […]

California Legislature to Make Decisions on Use of Force, Rent Spikes, Gig Economy Labor Laws

The California Legislature faces key decisions this week, including trying to rein in police use of force, prevent rent spikes, and alter labor laws affecting workers in the gig economy. Friday is the deadline for the Assembly and Senate to pass or reject bills that originated in each chamber. If they survive, they will be considered by the opposing chamber before lawmakers adjourn in September. Some of the measures facing key votes: GIG ECONOMY Companies like Uber and Lyft helped […]

65-Year-Old California Man Killed by Shark in Hawaii

Authorities say the man killed by a shark in Hawaii this weekend was a 65-year-old resident of California. Shark warning signs are posted Sunday in the Ka’anapali Beach Park area on Maui where the man died. Witness Allison Keller tells Hawaii News Now that the man appeared unconscious as rescuers brought him to shore Saturday. Keller says the victim was missing his left leg from the knee down and skin was torn from his wrist. Hawaii’s Division of Conservation and […]

15 to 20 Vehicles Burned in Carport Fire at Residential Area in Highland Park

A massive fire at a residential area in Highland Park destroyed more than a dozen parked vehicles, but no injuries were reported, officials said. The Los Angeles Fire Department received a call about a carport fire in the 5800 block of Benner Street at around 2 a.m., Battalion Chief Jaime Lesinski told KTLA. Firefighters arrived to find six to eight residents using house lines to douse flames that were about 40 feet high, Lesinski said. Efforts by the residents, who […]

Woman in Stable Condition After Officer-Involved Shooting in Reseda: LAPD

A woman is in stable condition after she suffered a gunshot wound during an officer involved-shooting at a residential neighborhood in Reseda on Sunday morning, according to Los Angeles police. Authorities received a 911 call about a woman with a gun in the 8000 block of Hesperia Avenue just after 7:30 a.m., Sgt. Barry Montgomery said. Officers arrived to find the woman holding a handgun to her head in front of a residence, Montgomery said. They told her to drop […]

Bart Starr, 1960s Green Bay Quarterback, Dies at 85

Bart Starr, the Green Bay Packers quarterback and catalyst of Vince Lombardi’s powerhouse teams of the 1960s, has died. He was 85. The Packers announced Sunday that Starr had died, citing his family. He had been in failing health since suffering a serious stroke in 2014. The Packers chose Starr out of the University of Alabama with the 200th pick in the 1956 draft, and after Lombardi’s arrival in 1959, Starr led Green Bay to six division titles, five NFL […]

1 Dead, 2 Injured in Multivehicle Crash on SB 5 Freeway in Arleta

The southbound 5 Freeway has reopened in the Arleta area after a multivehicle crash that left one dead and two injured shut down all lanes early Sunday. The California Highway Patrol announced the closure at Van Nuys Boulevard just after 5 a.m. All lanes were reopened just before 9 a.m., CHP said. A total of three people were transported to the hospital, according to the Los Angeles Fire Department. One of them was pronounced dead there, officials said. Another patient was […]

NB 14 Freeway Lanes Reopen Almost 13 Hours After Tanker Crashes in Santa Clarita Area, Spills Gasoline on Roadway

All lanes of the northbound 14 Freeway in the Santa Clarita area reopened almost 13 hours after a double tanker collided with a sedan and spilled hundreds of gallons of gasoline, forcing the closure of all lanes early Sunday morning. The driver of the passenger vehicle suffered minor injuries and was taken to the hospital, said Brian Stevens, an inspector with the Los Angeles County Fire Department. The driver of the truck, which bears the Shell logo, was not hurt. […]

Trade Services Consultant - Standby Letters of Credit

Wells Fargo - El Monte, CA

Posted 2 months ago
Job Description

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.


Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.


Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.


This is an exciting opportunity for a detail oriented Team Member to join the Trade Services - Standby Letters of Credit Team. This Team Member will be responsible for all but not limited to the following: Responsible for servicing internal and external Trade Services clients with the ability to work independently and as part of a team working on multiple products and processes with various complexities. The objective of this position is to mitigate risk to both, the bank and the customer, and to ensure customer satisfaction by providing processing and consulting services in areas of Letters of Credit with major emphasis on Standby Letters of Credit including those related to Supporting Industrial Revenue Bond (Direct Pay) items. Duties include reviewing, reformatting, drafting, issuing, advising, amending and negotiating/paying of standby letters of credit. Coordinate issuance/amendment with Team Leader and Manager. Make recommendation to changes in existing policies, practices and procedures. Requires full working knowledge of complex L/C structure, documentation, governing rules, standards and regulations, internal policies, international and domestic bank operations and credit risk implications. Overall understanding of rules and regulations governing letter of credit products with a full working knowledge of standby letters of credit including familiarity with ICC Uniform Customs and Practice for Documentary Credits Current Revision, ISP98 and California Uniform Commercial Codes - Division 5.


Team members 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.



Required Qualifications

  • 7+ years of trade services experience



Desired Qualifications

  • Basic knowledge and understanding of the importance of compliance and regulatory requirements in international banking
  • Extensive knowledge and understanding of trade services
  • Advanced experience handling complex trade transactions with ability to identify customer-centric solutions
  • Good analytical skills with high attention to detail and accuracy
  • Excellent verbal, written, and interpersonal communication skills
  • Effective organizational, multi tasking, and prioritizing skills
  • Knowledge and understanding of wholesale lending products such as letters of credit, leases, and traded products
  • Knowledge and understanding of trade services
  • Knowledge and understanding of credit risk management
  • A BS/BA degree or higher in business, finance, or economics



Job Expectations

  • Ability to work additional hours as needed



Disclaimer


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.


WHOLESALE BANKING
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