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Associate Commercial Loan Servicing Representative

  • Job
    Full-time
    Junior Level
  • Customer Relations
    Banking & Finance
  • 10d left

AI generated summary

  • You need 6+ months of Commercial Loan Servicing experience or equivalent work, training, military experience, or education.
  • You will support commercial loan servicing, improve processing, perform administrative tasks, handle data entry and payments, resolve customer issues, and facilitate negotiations.

Requirements

  • 6+ months of Commercial Loan Servicing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Responsibilities

  • Support servicing commercial real estate, construction loans and problem loans
  • Identify ways to improve loan processing within established procedures
  • Perform routine administrative, transactional, operational, and customer support tasks
  • Enter data, process payments and loan coding changes, monitor, research and correct exception reports, audit the system of record, and process cash management transactions
  • Receive direction from supervisors, and escalate non-routine client concerns to experienced individuals
  • Interact with internal and external customers to respond to the raised concerns as well as determine appropriate course of action
  • Serve as an intermediary between parties to resolve disputed matters, negotiates, and enact settlements accordingly

FAQs

What is the primary responsibility of an Associate Commercial Loan Servicing Representative?

The primary responsibility includes supporting the servicing of commercial real estate, construction loans, and problem loans, as well as performing routine administrative, transactional, operational, and customer support tasks.

What kind of experience is required for this position?

A minimum of 6+ months of Commercial Loan Servicing experience is required, or equivalent experience through training, military service, or education.

What types of tasks will I be performing in this role?

You will enter data, process payments and loan coding changes, monitor and correct exception reports, audit the system of record, and process cash management transactions.

How will I interact with customers in this role?

You will interact with internal and external customers to respond to their concerns and determine the appropriate course of action, serving as an intermediary to resolve disputed matters.

What should I do if I encounter a non-routine client concern?

You should escalate non-routine client concerns to experienced individuals as directed by your supervisors.

What is the emphasis on risk at Wells Fargo?

Employees are accountable for the execution of all applicable risk programs and must adhere to Wells Fargo policies and procedures, effectively fulfilling risk and compliance obligations.

What is the focus of diversity and inclusion at Wells Fargo?

Wells Fargo values diversity, equity, and inclusion in the workplace and welcomes applications from all qualified candidates, regardless of various protected characteristics.

What is the Drug and Alcohol Policy at Wells Fargo?

Wells Fargo maintains a drug-free workplace and has a policy regarding drug and alcohol use; specific details can be found in their Drug and Alcohol Policy.

How long is the job posting available?

The posting end date is December 30, 2024, but it may come down early due to the volume of applicants.

Are accommodations available for applicants with disabilities?

Yes, accommodations for applicants with disabilities are available upon request during the recruitment process.

Finance
Industry
10,001+
Employees
1929
Founded Year

Mission & Purpose

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. 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. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.