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Associate Loan Servicing Representative

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  • Job
    Full-time
    Entry & Junior Level
  • Sales & Business Development
    Banking & Finance
  • Bangalore

Requirements

  • 6+ months of Loan Servicing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Responsibilities

  • Support a variety of loan servicing tasks, including reviewing loan disbursement requests, processing disbursements, preparing loan demands, and re-conveyances
  • Identify opportunities to improve loan servicing process within established procedures
  • Perform routine tasks for Loan Servicing functional area including reviewing, researching, processing
  • Respond to written and phone inquiries of low to moderate complexity from customers, title companies, vendors, and internal personnel pertaining to loans and various areas within Loan Servicing functional area
  • Regularly receive direction from Loan Servicing supervisors and escalate customer questions and issues to more experienced individuals
  • Interact with immediate Loan Servicing team on loan applications, processes, documentations, claim insurance handling, or related loan servicing tasks, as well as internal and external customers

FAQs

What are the primary responsibilities of an Associate Loan Servicing Representative?

The primary responsibilities include supporting loan servicing tasks such as reviewing loan disbursement requests, processing disbursements, preparing loan demands, and identifying opportunities for process improvement within established procedures.

What qualifications are required for this position?

Candidates must have 6+ months of Loan Servicing experience or equivalent experience demonstrated through a combination of work experience, training, military experience, or education.

Is prior experience in customer service essential for this role?

While not explicitly stated, experience in customer service could be beneficial as the role involves responding to inquiries from customers and other stakeholders.

How does Wells Fargo promote diversity in its hiring process?

Wells Fargo values diversity, equity, and inclusion and welcomes applications from all qualified candidates regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, and other protected statuses.

What should I expect in terms of training and supervision?

You will regularly receive direction from Loan Servicing supervisors and will escalate customer questions and issues to more experienced individuals as needed.

Are there opportunities for process improvement within this role?

Yes, you will have the opportunity to identify areas for improvement in the loan servicing process while adhering to established procedures.

What type of inquiries will I be handling in this position?

You will respond to written and phone inquiries of low to moderate complexity pertaining to loans and various areas within the Loan Servicing functional area.

Is there a specific end date for the job posting?

Yes, the job posting will remain open until February 6, 2025, but it may come down early due to a high volume of applicants.

What is Wells Fargo’s drug and alcohol policy?

Wells Fargo maintains a drug-free workplace, and further information can be found in their Drug and Alcohol Policy.

Are applicants with disabilities accommodated during the recruitment process?

Yes, accommodations for applicants with disabilities are available upon request in connection with the recruitment process.

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.