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Commercial Loan Servicing Specialist

https://www.wellsfargo.com/ Logo

Wells Fargo

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Location:
India , Bengaluru

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Category:
Banking

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Contract Type:
Not provided

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Salary:

Not provided
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Job Description:

Wells Fargo is seeking a Commercial Loan Servicing Specialist to support and service Asset Based Lending (ABL) portfolios covering Agency, Bought Participation, and Bilateral lending structures within Commercial Banking Operations. This role is responsible for independently processing moderately complex loan servicing activities, ensuring accurate execution, regulatory compliance, and strong customer outcomes across multiple deal structures.

Job Responsibility:

  • Independently process servicing activities for moderately complex Asset Based Lending facilities, including Agent-led deals, Bought Participations, and Bilateral loans
  • Support servicing of revolving credit facilities, term loans, borrowing base-driven structures, and collateral-based facilities
  • Execute assigned loan servicing activities to ensure accurate and timely processing in accordance with credit agreements and servicing standards
  • Review and process: Interest, fees, principal activity, and repricing events
  • Amendments, waivers, renewals, and restructurings
  • Borrowing base updates, collateral-driven changes, and availability calculations
  • Identify servicing exceptions, data inconsistencies, or documentation gaps and escalate in a timely manner to ensure resolution
  • Ensure compliance with policies, procedures, and service-level expectations while processing customer, system, or operational requests
  • Identify potential system, data, or process gaps and raise recommendations for procedural improvements or control enhancements
  • Adhere to and support updates of standard operating procedures (SOPs) and system documentation aligned to ABL servicing
  • Complete onboarding milestones and role readiness requirements within defined timelines
  • Apply training, procedural guidance, and system knowledge to daily processing to ensure accuracy, consistency, and risk mitigation
  • Support knowledge-sharing initiatives by providing feedback, participating in peer learning, and contributing to documentation updates
  • Partner with Line of Business, Control & Risk, Technology, and upstream/downstream operations teams to support effective ABL loan servicing outcomes
  • Coordinate resolution of assigned customer service requests involving internal teams and external counterparties
  • Collaborate with peers and senior specialists to resolve issues and meet daily and monthly deliverables
  • Support processing deadlines, cutoff requirements, and end-of-day activities to ensure accurate and complete servicing output
  • Contribute to continuous improvement initiatives within ABL Operations through disciplined execution and constructive feedback

Requirements:

  • 8+ years of Commercial Loan Servicing and/or Loan Operations experience, or equivalent demonstrated through work experience, training, military experience, or education
  • 5+ years of hands-on experience with Loan IQ, LUCAS, STUCKEY, or equivalent commercial lending platforms
  • Working understanding of Asset Based Lending products, Agency and Participation loan servicing concepts, collateral structures, and servicing workflows
  • Strong attention to detail with a demonstrated ability to ensure accurate and timely processing across multiple deal structures
  • Good verbal, written, and interpersonal communication skills

Nice to have:

  • Working knowledge of loan documentation and ability to interpret key elements of Legal Credit Agreements, including agency and participation provisions
  • Ability to prioritize work, meet deadlines, and perform effectively in a fast-paced, deadline-driven environment
  • Strong analytical, problem-solving, and issue-resolution skills
  • Ability to work independently while contributing effectively within a team environment
  • Demonstrated commitment to delivering high-quality customer service and strong stakeholder support

Additional Information:

Job Posted:
May 17, 2026

Expiration:
May 20, 2026

Employment Type:
Fulltime
Work Type:
On-site work
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