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Commercial Loan Servicing Specialist

https://www.wellsfargo.com/ Logo

Wells Fargo

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Location:
United States, Irving

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Category:
Finance

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Contract Type:
Employment contract

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Salary:

Not provided
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Job Description:

Wells Fargo is seeking a Commercial Loan Servicing Specialist as part of the Commercial Banking team within Commercial Banking Operations (CBO). This team supports bilateral loans and their transactions.

Job Responsibility:

  • Manage the end-to-end servicing of bilateral commercial loans, including payments, rate resets, clearing exceptions, reconciliations, and moderately complex research requests
  • Coordinate all aspects of resolving open customer service issues and interact with internal and external customers
  • Provide customer service, loan and regulatory diligence and ensure compliance with all bank policies, procedures, and regulatory requirements
  • Maintain and update loan records in LoanIQ, ensuring data integrity and compliance with internal policies and regulatory requirements
  • Serve as primary liaison and work collaboratively with Credit, Legal, Control and Relationship Management, Audit, and various Operations and company teams as necessary to progress accurate documentation and servicing
  • Process loan transactions such as drawdowns, rollovers, repayments, and fee accruals, evaluate risks, and devise strategies to mitigate risks and identify procedural modifications
  • Reconcile loan balances and resolve discrepancies with internal teams and external counterparties
  • Provide guidance and training to peers
  • Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
  • Present recommendations for resolving low to moderately complex situations and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements

Requirements:

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

Nice to have:

  • 2+ years of demonstrated experience with LoanIQ
  • 2+ years of experience servicing bilateral commercial loans
  • Strong understanding and demonstrated knowledge of bilateral loan structures, servicing requirements and commercial banking regulatory requirements
  • Excellent attention to detail, organizational, and problem-solving skills
  • Strong communication skills and ability to work collaboratively across teams
  • Ability to provide strong customer service and to develop customer relationships
  • Excellent verbal, written and interpersonal communication skills
  • Intermediate Microsoft Office skills
What we offer:
  • Equal opportunity employer
  • Medical accommodation during the recruitment process
  • Drug-free workplace

Additional Information:

Job Posted:
August 20, 2025

Expiration:
August 24, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:
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