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Commercial Loan Servicing Representative

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Wells Fargo

Yesterday

  • Job
    Full-time
    Junior Level
  • Business, Operations & Strategy
    Banking & Finance
  • Hyderabad, +1
  • 27d left

AI generated summary

  • You need 2+ years in Operations or equivalent experience through work, training, military, or education.
  • You will manage loan documentation, update systems, analyze data, generate reports, coordinate projects, and provide guidance on personnel policies while performing operational duties.

Requirements

  • 2+ years of Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Responsibilities

  • Perform moderately complex operations duties in support of either a service center or department environment
  • Require ability to interpret and understand loan documents and loan servicing agreements
  • Update, analyse the company's mortgage loan system of record and other systems with apt data
  • Generate systems queries of Loan Information, as when required/requested
  • Complete tasks that require the review of reports, system data, loan documentation, and other collateral or loan related information
  • Require considerable knowledge of company personnel policies and practices
  • Collect data and prepare related operational reports
  • Prepare input forms for automated data processing system
  • Utilize the company's internal operations to perform duties
  • Coordinate projects
  • Furnish information to authorized persons
  • Provide guidance to all levels of employees regarding personnel policies and procedures requiring some policy interpretation

FAQs

What are the primary responsibilities of a Commercial Loan Servicing Representative?

The primary responsibilities include performing moderately complex operations duties, interpreting loan documents and servicing agreements, updating and analyzing the mortgage loan system, generating system queries, reviewing reports and loan documentation, collecting data for operational reports, and providing guidance on personnel policies.

What qualifications are required for this position?

The required qualifications include 2+ years of Operations experience or equivalent demonstrated through work experience, training, military experience, or education.

Are there any desired qualifications for applicants?

Yes, desired qualifications include flexibility in working on different processes, strong team collaboration, a commitment to the company, ability to prioritize and organize work, maintaining professional conduct, taking ownership of responsibilities, and motivating the team to achieve goals.

What is the posting end date for this job?

The posting end date for this job is February 27, 2025.

Is diversity valued in the hiring process?

Yes, Wells Fargo believes in diversity, equity, and inclusion and welcomes applications from all qualified candidates regardless of race, color, gender, and other protected statuses.

Is there support for applicants with disabilities?

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

Does Wells Fargo maintain a drug-free workplace?

Yes, Wells Fargo maintains a drug-free workplace and has a specific Drug and Alcohol Policy.

What skills are important for success in this role?

Important skills include the ability to interpret loan documents, strong organizational skills, teamwork, clear communication, and a commitment to following risk and compliance programs.

What is the work environment like for this position?

The work environment involves supporting a service center or department, performing operations duties, and requires collaboration with various teams while adhering to company policies and practices.

Is prior experience in commercial mortgage servicing necessary for this role?

While not explicitly stated, knowledge and experience in commercial mortgage servicing, including loan structures and accounting, is beneficial for this role.

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.