Full-Time

Lead Commercial Loan Servicing Specialist

Asset Based Lending/Syndicated

Deadline 9/25/26
Wells Fargo

Wells Fargo

10,001+ employees

Nationwide banking and financial services

Compensation Overview

$100k - $196k/yr

+ Incentive opportunities

No H1B Sponsorship

Los Angeles, CA, USA + 3 more

More locations: Chicago, IL, USA | Charlotte, NC, USA | Irving, TX, USA

Hybrid

Hybrid work schedule at the listed location; relocation may be available.

Category
Finance & Banking (1)

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Requirements
  • At least 5 years of Commercial Loan Servicing experience, or equivalent demonstrated through work experience, training, military experience, or education.
Responsibilities
  • Lead end-to-end servicing activities for complex commercial and asset-based lending facilities, including syndicated and participated loans.
  • Act as a primary servicing point of contact for internal and external stakeholders, partnering with Relationship Managers, Legal, Risk, Control, Technology, and Operations teams.
  • Review and process complex loan transactions, including new deals, modifications, tranche set-ups, interest and fee calculations, and participation settlements.
  • Evaluate servicing risks, resolve escalated client and operational issues, and recommend process or policy enhancements to improve efficiency and customer experience.
  • Ensure accurate data entry, reconciliation, and portfolio maintenance across systems of record, including LUCAS (Loan Underwriting Collateral Analysis System).
  • Conduct quality reviews and monitor key performance indicators to support strong operational controls and regulatory compliance.
  • Provide subject matter expertise and guidance to less experienced team members, including training and day-to-day support.
  • Support operational initiatives, system enhancements, and user acceptance testing as needed.
Desired Qualifications
  • At least 4 years of asset-based lending or syndicated loan servicing experience.
  • Experience leading end-to-end servicing activities for complex commercial and asset-based lending facilities, including syndicated and participated loans.
  • Experience with commercial loan systems, specifically LoanIQ and Stucky.
  • Experience servicing complex wholesale commercial loans end to end, including account reconciliation, debit and credit oversight, settlement, accrual, and fee management.
  • Demonstrated ability to act as the agent in syndicated deals, coordinating funding and distribution across banks.
  • Ability to calculate floating, fixed, term, and foreign exchange interest rates and maintain interest and fee accruals and amortization schedules.
  • Experience managing loan transactions, including advances, repayments, and disbursements, and ensuring accurate booking.
  • Ability to partner with clients, investors, and internal teams to support ongoing servicing needs.
  • Ability to exercise independent judgment to identify and resolve problems.
  • Strong organizational, multitasking, and prioritization skills.
  • Experience managing high-volume pipelines.

Wells Fargo provides banking, investment, and payment services to individuals, businesses, and institutions. Its products include checking and savings accounts, loans, credit cards, wealth management, and payments, accessible through branches, online and mobile platforms, and full payment rails. The company combines a wide national footprint with a long history and a business model that integrates banking, investment, and payments, supported by a large network of branches and ATMs. Its goal is to help customers manage money, grow wealth, and move funds safely and reliably.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Francisco, California

Founded

1851

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Simplify Jobs

Simplify's Take

What believers are saying

  • March 2026 Fed termination ended the last major enforcement action on Wells Fargo.
  • 2Q26 net income hit $6.4 billion, with net interest income up 5%.
  • Wealth recruiting accelerated in 2026, adding Gianluca Palermo and James Taylor teams.

What critics are saying

  • Wells Fargo still carries fake-accounts brand damage; adviser retention remains fragile after 2016 scandals.
  • Independent advisers brought $17 billion, but technology-enabled breakaways can drain assets quickly.
  • A renewed compliance lapse would trigger harsher supervision and erase the Fed-relief franchise premium.

What makes Wells Fargo unique

  • June 2025 asset-cap removal restores growth optionality versus JPMorgan and BofA.
  • Barry Sommers' 2020 wealth overhaul attracted $17 billion from independent advisers in 2026.
  • 2Q26 revenue rose 9% to $22.6 billion, showing operating leverage under Charlie Scharf.

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Benefits

Health Insurance

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Parental Leave

Disability Insurance

Life Insurance

Tuition Reimbursement

Commuter Benefits

Adoption Assistance

Company News

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IDEX Corporation has amended its revolving credit facility, extending the maturity date to September 3, 2031, from the previous November 1, 2027. The facility maintains its $800 million principal amount. The agreement, finalised on September 3, 2026, allows for up to $100 million in letters of credit and $50 million in same-day swingline loans. IDEX may request additional lending commitments, capped at a $400 million increase. Bank of America serves as administrative agent, with JPMorgan Chase Bank, PNC Bank, and Wells Fargo Bank as co-syndication agents. The proceeds will fund working capital and general corporate purposes, including refinancing existing debt. The agreement includes standard covenants for senior unsecured credit facilities, featuring a quarterly-tested leverage ratio and restrictions on liens and mergers. Voluntary prepayments are permitted without penalty.

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Aug 31st, 2026
Vertex Pharmaceuticals shows promise while GE HealthCare and Wells Fargo face challenges

Vertex Pharmaceuticals has emerged as a standout S&P 500 stock, according to StockStory's analysis. The company, which focuses on developing transformative medicines for serious diseases including cystic fibrosis and sickle cell disease, boasts a market capitalisation of $137.3 billion. Meanwhile, StockStory recommends avoiding two large-cap stocks. GE HealthCare, spun off from General Electric in 2023, faces concerns over stagnant organic revenue growth and declining operating margins. The medical equipment provider has a market cap of $32.4 billion. Wells Fargo also made the avoid list. The diversified financial services company, with a $262.2 billion market cap, has seen its net interest margin shrink by 33.6 basis points over two years, suggesting increased competition or declining loan profitability.