Commercial Real Estate Loan Servicing Specialist 3 Vacancy In Wells Fargo

Hiring Organization / Company: Wells Fargo
Basic Salary: To Be Discussed
Employement Type: Full-Time

Job Details:

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Commercial Banking provides financial solutions to businesses with annual sales generally in excess of $5 million. Our business lines are Wells Fargo Commercial Capital, Middle Market Banking, and Treasury Management & Payment Solutions.

Wells Fargo Commercial Capital
o A market-leading provider of working capital, investment capital, trust services, and sales financing solutions that help customers optimize liquidity and grow their business through their lifecycle

Middle Market Banking
o Services private and public companies with annual sales of $5 million to $2 billion
o Specialized expertise across industry sectors

Treasury Management & Payment Solutions
o Provides cash management services and digital channel capabilities for customers of Commercial Banking and Corporate & Investment Banking
o Also serves some Consumer and Small Business Banking and Wealth and Investment Management customers, and Auto Dealer Finance partner relationships in Consumer Lending

Responsible for processing routine to complex transactions or reconcilements relating to loan servicing on agented syndicated deals that meet the above requirement. The following are responsibilities/functions associated with this position. Act as the administrative Agent in Syndicated Credit Facilities lead by Wells Fargo. Candidate needs to be a professional fully responsible for administration of a portfolio of syndicated lending facilities made up of approximately 25-30 Borrowers and 40-55 facilities averaging $5 Billion in commercial Lines of Credit. Interact daily with internal and external customers . Archive all documentation related to portfolio of facilities managed. Possess the ability to interpret the Credit Agreement and to be the direct point-of-contact to Borrowers and Syndicate members. Utilize the core Wells Fargo syndicated lending system (Loan IQ). Responsible for processing of all loan and letter of credit activity on portfolio; as well as reconcilement between booking and servicing systems. Responsible to trigger all required events under the structure including billing for interest, fees and other events. Responsible for the accuracy of all calculations and providing explanations to borrowers/syndicate members. Responsible for review and sign off of all trade documentation for agented deals in portfolio; as well as uploading necessary deal information to Syndtrak. Responsible for processing indicative data changes and researching all inquiries on portfolio.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

  • This position is located at 1525 W W.T. Harris Blvd, Charlotte, NC 28262. Telecommute is NOT an option.
  • The successful candidate must be available to work Monday through Friday; 8:30am to 5:30pm. Hours may change due to business needs.
  • Job posting may be removed earlier than the stated closing date due to volume of applicants.

Please Note: This position is currently working remotely but will be expected to return to the Charlotte location at a future point in time when Wells Fargo returns to standard operating model.

Visit for benefits information

Required Qualifications

  • 3+ years of experience in one or a combination of the following: banking, accounting, finance, title, insurance, loan administration, or loan servicing; or 1+ year of experience with syndicated/agency loan servicing; or successful completion of an agency/syndicated loan servicing training program
  • 1+ year of experience working with Loan IQ software; or successfully completed Wells Fargo Agency Services Training

Desired Qualifications

  • A BS/BA degree or higher in business administration, economics, accounting, finance, or other business related field
  • Ability to interact with integrity and a high level of professionalism with all levels of team members and management
  • Ability to meet stringent deadlines
  • Ability to provide strong customer service and develop customer relationships
  • Ability to work effectively, as well as independently, in a team environment
  • Excellent verbal, written, and interpersonal communication skills
  • Intermediate Microsoft Office (Word, Excel, and Outlook) skills
  • Strong analytical skills with high attention to detail and accuracy

Salary Information

The salary range displayed below is based on a Full-time 40 hour a week schedule.

NC-Charlotte: Min: $49,000 Mid: $68,000

Street Address

1525 W Wt Harris Blvd - Charlotte, NC

Job Location Information:
City: Charlotte
State: Nc
Country: Us
Location: Charlotte, Nc

Date Posted: 2021-09-15
Job Listing No# : 69571

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