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Posted 22 days ago
Commercial Loan Servicing Associate
Wells Fargo
Requirements
6+ months Commercial Loan Servicing experience, Knowledge of Asset Based Lending products, Experience with Loan IQ, LUCAS, or STUCKEY, Ability to interpret Legal Credit Agreements
Skills
Loan IQ
About the role
Responsibilities
- Provide support for servicing activities for commercial products, commercial real estate, and problem loans
- Coordinate the resolution of open issues with internal and external customers
- Perform loan and regulatory diligence and ongoing portfolio maintenance for low to medium tasks
- Evaluate and upload data into systems of record
- Serve as an escalation point for client issue resolution
- Ensure compliance with all bank policies, procedures, and regulatory requirements
- Provide guidance and training to peers
Requirements
- 6+ months of Commercial Loan Servicing experience or equivalent demonstrated through work, training, or education
Preferred Qualifications
- Experience with Loan IQ, LUCAS, STUCKEY, or equivalent commercial lending platforms
- Working understanding of Asset Based Lending products, Agency and Participation loan servicing concepts, and collateral structures
- Ability to interpret key elements of Legal Credit Agreements, including agency and participation provisions
- Strong analytical, problem-solving, and issue-resolution skills
- Ability to prioritize work and meet deadlines in a fast-paced environment
About the Company
Wells Fargo & Company (NYSE: WFC) is a leading financial services company with approximately $2.1 trillion in assets. We provide a diversified set of banking, investment, and mortgage products and services through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management.
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Wells Fargo · Bengaluru
