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Associate Commercial Loan Servicing Representative - Financial Accounting

  • Job
    Full-time
    Entry, Junior, Mid & Senior Level
  • Banking & Finance
  • Hyderabad

AI generated summary

  • You need 6+ months in Commercial Loan Servicing, a finance/accounting degree, strong analytical and communication skills, proficiency in MS Excel, and the ability to multitask and work independently or in a team.
  • You will support loan servicing, improve processes, manage data entry and payments, audit records, resolve client concerns, and negotiate settlements between parties.

Requirements

  • Required Qualifications:
  • 6+ months of Commercial Loan Servicing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
  • Desired Qualifications:
  • Master's degree in finance and accounting
  • Business and accounting Skills
  • Analyze and interpret financial information
  • Excellent English comprehension, written and verbal communication skills, and interpersonal skills
  • Good problem solving and analytical skills & ability to accurately process high volumes of work within established deadlines
  • Proficient in MS Office especially MS Excel
  • Strong Organizations skills - detail oriented. Ability to set priorities, plan and organize work
  • Demonstrate good team player qualities.
  • Sound risk management mindset and good understanding of compliance
  • Demonstrates/maintains professional conduct under all circumstances
  • 6+ months of Commercial Loan Servicing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Knowledge of GAAP Accounting
  • Quick learner
  • Highly motivated individual who is able to work well independently and in a team environment
  • Ability to recognize and escalate issues to management for any process breaches
  • Ability to multitask to accomplish tasks and meet deadlines effectively
  • Ability to work quickly & accurately while maintaining acceptable standards of workmanship
  • Flexibility to stretch to accomplish projects time

Responsibilities

  • Support servicing commercial real estate, construction loans and problem loans
  • Identify ways to improve loan processing within established procedures
  • Perform routine administrative, transactional, operational, and customer support tasks
  • Enter data, process payments and loan coding changes, monitor, research and correct exception reports, audit the system of record, and process cash management transactions
  • Receive direction from supervisors, and escalate non-routine client concerns to experienced individuals
  • Interact with internal and external customers to respond to the raised concerns as well as determine appropriate course of action
  • Serve as an intermediary between parties to resolve disputed matters, negotiates, and enact settlements accordingly

FAQs

What is the job title for this position?

The job title is Associate Commercial Loan Servicing Representative - Financial Accounting.

What will I be responsible for in this role?

In this role, you will support servicing commercial real estate and construction loans, identify improvements in loan processing, perform administrative tasks, process payments, monitor exception reports, interact with customers, and resolve disputes.

What are the required qualifications for this position?

The required qualification is 6+ months of Commercial Loan Servicing experience or equivalent demonstrated through work experience, training, military experience, or education.

Is there a preferred educational background for this role?

Yes, a Master's degree in finance and accounting is preferred.

What skills are desired for candidates applying to this position?

Desired skills include business and accounting skills, the ability to analyze financial information, excellent communication skills, problem-solving abilities, proficiency in MS Office (especially Excel), strong organizational skills, and a sound risk management mindset.

What is the shift timing for this job?

The shift timing is from 8:30 AM to 5:30 PM IST.

What is the work model for this position?

The work model for this position is Work from Office.

Will the job posting be taken down early?

Yes, the job posting may come down early due to the volume of applicants.

Does Wells Fargo value diversity in hiring?

Yes, Wells Fargo believes in diversity, equity, and inclusion in the workplace and welcomes applications from all qualified candidates regardless of various protected statuses.

Is there any support for applicants with disabilities?

Yes, accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Does Wells Fargo maintain a drug-free workplace?

Yes, Wells Fargo maintains a drug-free workplace as part of their employment policies.

Finance
Industry
10,001+
Employees
1929
Founded Year

Mission & Purpose

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.