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Associate Commercial Loan Servicing Representative

  • Job
    Full-time
    Entry Level
  • Customer Relations
    Banking & Finance
  • Bangalore

AI generated summary

  • You need 6+ months of Commercial Loan Servicing experience or equivalent through work, training, military experience, or education.
  • You will support commercial loan servicing, improve processing, perform administrative tasks, handle payments, resolve client concerns, and mediate disputes among parties.

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 focus of the Associate Commercial Loan Servicing Representative role?

The primary focus is to support servicing commercial real estate, construction loans, and problem loans, along with performing routine administrative and customer support tasks.

What are the required qualifications for this position?

The required qualification is 6+ months of Commercial Loan Servicing experience, or equivalent demonstrated through work experience, training, military experience, or education.

Will I need to interact with customers in this role?

Yes, you will interact with internal and external customers to respond to concerns and determine the appropriate course of action.

Is experience in commercial loan servicing necessary to apply?

Yes, at least 6 months of experience in Commercial Loan Servicing is required or equivalent experience.

What types of loans will I be servicing in this role?

You will be servicing commercial real estate loans, construction loans, and problem loans.

What kind of tasks will I be performing on a routine basis?

You will be performing tasks such as entering data, processing payments, monitoring exception reports, auditing the system of record, and processing cash management transactions.

How are escalated client concerns handled?

Non-routine client concerns should be escalated to experienced individuals for resolution.

Is diversity and inclusion valued at Wells Fargo?

Yes, Wells Fargo values diversity, equity, and inclusion in the workplace and welcomes applications from all qualified candidates.

What is the emphasis on risk management in this role?

There is a significant emphasis on proactively monitoring, governance, risk identification and escalation, and making sound risk decisions in alignment with the business unit's risk appetite.

Are accommodations available for applicants with disabilities?

Yes, accommodations for applicants with disabilities are available upon request throughout 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.