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Senior Commercial Loan Servicing Specialist

https://www.wellsfargo.com/ Logo

Wells Fargo

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Location:
United States, Irving

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Category:
Banking

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

Wells Fargo is seeking a detail oriented and proactive Loan Servicing and Operations Specialist to support our Commercial Banking team with bilateral loan transactions. This role is responsible for the end-to-end servicing of commercial loans, ensuring accuracy, compliance, and timely execution of operational processes. The ideal candidate will have hands-on experience with LoanIQ and a strong understanding of commercial lending operations.

Job Responsibility:

  • Manage the end-to-end servicing of bilateral commercial loans, including payments, rate resets, clearing exceptions, reconciliations, and complex research requests
  • Maintain and update loan records in LoanIQ, ensuring data integrity and compliance with internal policies and regulatory requirements
  • Process loan transactions such as drawdowns, rollovers, repayments, and fee accruals
  • Reconcile loan balances and resolve discrepancies with internal teams and external counterparties
  • Collaborate with credit, legal, and relationship management teams to ensure accurate documentation and servicing
  • Support internal and external audits by providing documentation and responding to inquiries
  • Identify and implement process improvements to enhance operational efficiency and reduce risk

Requirements:

  • 4+ years of Commercial Loan Servicing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 3 years of hands-on experience using LoanIQ
  • Strong understanding of bilateral loan structures and servicing requirements
  • Proficiency in LoanIQ, workflow tools, Microsoft Office Suite, especially Excel
  • Excellent attention to detail, organizational, and problem-solving skills
  • Strong communication skills and ability to work collaboratively across teams
  • Familiarity with bilateral commercial loans
  • Experience with workflow tools or automation platforms
  • Knowledge of regulatory requirements related to commercial lending (e.g., SOX, OCC guidelines)

Nice to have:

  • Experience with workflow tools or automation platforms
  • Knowledge of regulatory requirements related to commercial lending (e.g., SOX, OCC guidelines)

Additional Information:

Job Posted:
August 13, 2025

Expiration:
August 22, 2025

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