Commercial Lending Servicing Representative
Wells Fargo (company site, opens in a new tab)2+ yrsBengaluruOn-siteDirect career pageEst. 6–10 LPA
Posted 16h ago
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Job description
Structured overview of role & requirements
About This Role
- Manage servicing of participated and member-bank commercial loans including processing standard to moderately complex loan events like advances, repayments, interest, fees, and rollovers.
- Review and validate transaction notices and servicing instructions for accuracy, completeness, and approvals; maintain complete servicing records and coordinate with internal teams and agent banks.
- Identify discrepancies or control issues in loan transactions, escalate as needed, support reconciliations, and ensure all servicing activities comply with policies and timelines.
Minimum Requirements
- Minimum 2 years of commercial loan servicing support experience or equivalent demonstrated through work/training/education.
- Experience processing commercial loan or financial transactions and reviewing financial documentation is required.
- Proficiency in Microsoft Excel, Word, and Outlook.
- Work Experience Required: At least 2 years commercial loan servicing support.
Ideal Candidate Profile
- Experience servicing syndicated, participated, member-bank, bilateral, or commercial real estate loans with understanding of agent-bank and participant-bank roles.
- Familiarity with Loan IQ or comparable commercial loan servicing systems and managing multiple priorities in deadline-driven environments.
- Demonstrated ability to execute accurate transaction processing with strong attention to detail, and timely identification and escalation of exceptions.