Commercial Loan Servicing Representative

Wells Fargo & CompanyMinneapolis, MN
$24 - $31Onsite

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. You will perform moderately complex administrative, transactional, operational, and customer support tasks. You will act as the primary loan servicing contact, involving construction monitoring and disbursements, monitoring collateral, and preparing payoff letters and releasing collateral. You will also audit loan systems of record for new loan setups, modifications, and data input, and perform customer research and billing. You will receive direction from supervisors and escalate non-routine customer concerns to experienced individuals. You will collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals, and interact with internal customers. You will 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

Benefits

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement
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