Commercial Loan Servicing Representative

Wells Fargo & Company•Minneapolis, MN

5d•$24 - $31•Onsite

About The Position

Wells Fargo is seeking an Commercial Loan Servicing Representative as part of Wholesale Operations & CB Operations. In this role, you will support internal and external customers with inquiries and complaints regarding loan servicing needs. You will monitor the loan system, resolve customer issues, and process complex transactions online. This role involves performing moderately complex administrative, transactional, operational, and customer support tasks. You will act as the primary loan servicing contact for construction monitoring and disbursements, monitor collateral, and prepare payoff letters and release collateral. Additionally, you will audit loan systems of record for new loan setups, modifications, and data input, and conduct customer research and billing. You will receive direction from supervisors and escalate non-routine customer concerns to experienced individuals. Collaboration and consultation with peers, colleagues, and managers are expected to resolve issues and achieve goals. You will interact with internal customers, receive direction from leaders, and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.

Requirements

1+ year of Commercial Loan Servicing support experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Financial Services experience within Commercial Loans or Consumer Lending background
Basic knowledge and understanding of collateral documentation, perfection, and business entities
Experience with perfection of lien and/or release of lien documents
Ability to effectively manage a pipeline to meet service level agreements and deadlines
Proficiency in Microsoft Office Suite
Excellent verbal, written, and interpersonal communication skills
Ability to work independently, proactively, and creatively while exercising sound judgement
Strong attention to detail and accuracy skills
Effective organizational, multi-tasking, and prioritizing skills
Ability to manage multiple tasks and meet deadlines in a fast-paced environment
Demonstrated ability to follow processes while also identifying opportunities for improvement
Strong organizational skills and a proactive, team-oriented mindset

Responsibilities

Support internal and external customers with inquiries and complaints regarding loan servicing needs
Monitor loan system and resolve customer issues, and process complex transactions online
Perform moderately complex administrative, transactional, operational and customer support tasks
Act as primary loan servicing contact that involve construction monitoring and disbursements
Monitor collateral and preparing payoff letters, releasing collateral
Audit loan systems of record for new loan setups, modifications and data input, and customer research and billing
Receive direction from supervisors, and escalate non-routine customer concerns to experienced individuals
Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Interact with internal customers
Receive direction from leaders
Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements