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Senior Commercial Loan Servicing Representative

https://www.wellsfargo.com/ Logo

Wells Fargo

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Location:
India, Bengaluru

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Category:
Finance

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Contract Type:
Employment contract

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Salary:

Not provided

Job Description:

Wells Fargo is seeking a Senior Commercial Loan Servicing Representative in the Reserves Disbursement process to provide advanced customer service in managing commercial real estate loans, mentoring team members, and inspecting loan servicing procedures while ensuring compliance, quality assurance, and collaboration.

Job Responsibility:

  • Service commercial real estate loans and may include commercial real estate agency loans
  • Provide direct customer service and acts as primary servicing contact for the loan
  • Support less experienced loan administrators in providing resolutions of inquiries and complaints
  • Determine appropriate course of action and conduct investigative steps to fully identify customer issues
  • Perform complex administrative and customer support tasks by managing daily schedules, and providing work direction to the team
  • Assist in setting performance standards, and recommend process or policy improvements to enhance customer satisfaction
  • Review moderately complex loan servicing documentation language, book and fund new loans and modifications, including reviewing of input
  • Monitor collateral and prepare payoff letters, releasing collateral
  • customer research and billing
  • obtain insurance information and monitor ongoing coverage
  • Provide subject matter expertise and interpretation of procedures to less experienced individuals
  • Respond independently to complaints escalated at the highest level
  • Provide training and guidance to less experienced loan administrators and perform quality assurance and approve the work of other staff
  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
  • Interact with internal customers
  • Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Requirements:

  • 4+ years of Commercial Loan Servicing experience, or equivalent demonstrated through work experience
  • Experience in handling wire / check disbursements
  • Experience in commercial mortgages and basic to mid-level domain knowledge of commercial real estate, loan life cycle
  • Ability to interpret and understand loan agreements, and other loan documents
  • Keen eye for detail
  • Experience in coaching / mentoring team members, handling team queries, quality reviews
What we offer:
  • Equal opportunity employer
  • Training and mentoring opportunities
  • Proactive monitoring and escalation practices
  • Strong risk and compliance culture

Additional Information:

Job Posted:
April 28, 2025

Expiration:
May 04, 2025

Employment Type:
Fulltime
Work Type:
On-site work
Job Link Share:
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