Full-Time

Commercial Loan Servicing Representative

Confirmed live in the last 24 hours

Wells Fargo

Wells Fargo

10,001+ employees

Provides banking, mortgage, and investment services

Compensation Overview

$20.29 - $30.48/hr

Junior, Mid

No H1B Sponsorship

Minneapolis, MN, USA

This position currently offers a hybrid work schedule, could be required to be onsite fulltime during training period.

Category
Commercial Banking
Finance & Banking
Requirements
  • 2+ years of Commercial Loan Servicing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Responsibilities
  • Support internal and external customers with inquiries and complaints regarding loan servicing needs.
  • Monitor loan system and resolve customer issues and process complex transactions online.
  • Perform moderately complex administrative, transactional, operational and customer support tasks.
  • Act as primary loan servicing contact that involve construction monitoring and disbursements.
  • Monitor collateral and preparing payoff letters, releasing collateral.
  • Audit loan systems of record for new loan setups, modifications and data input, and customer research and billing.
  • Receive direction from supervisors and escalate non-routine customer concerns to experienced individuals.
  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals.
  • Interact with internal customers.
  • Receive direction from leaders.
  • Exercise independent judgement while developing the knowledge to understand function, policies, procedures, and compliance requirements.
Desired Qualifications
  • Vehicle title management experience.
  • Knowledge and understanding of equipment leasing or title processing.
  • Ability to work effectively in a team environment.
  • Excellent verbal, written, and interpersonal communication skills.
  • Sound attention to detail and accuracy skills.
  • Customer service focus with experience actively listening, eliciting information, comprehending customer issues/needs, and recommending solutions.
  • Ability to navigate multiple computer systems, applications, and utilize search tools to find information.
  • Ability to work in a fast-paced deadline driven environment.
  • Ability to work independently, proactively, and creatively while exercising sound judgement.
  • Basic knowledge and understanding of collateral documentation, perfection, and business entities.
  • Effective organizational, multi-tasking, and prioritizing skills.
  • Intermediate Microsoft Office skills.

Wells Fargo offers a variety of financial services, including banking, mortgages, investing, and credit solutions for individuals, small businesses, and commercial clients. The company operates mainly in the United States and serves millions of customers through its branches, ATMs, and online platforms. Its products include checking and savings accounts, personal and business loans, credit cards, and investment advisory services. Revenue is generated from interest on loans, fees for banking services, and commissions from investment products. What sets Wells Fargo apart from its competitors is its extensive network and commitment to simplifying financial management for its clients, with a focus on security and customer success.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Francisco, California

Founded

1851

Simplify Jobs

Simplify's Take

What believers are saying

  • Investment in virtual commercial cards aligns with the trend of digital payment solutions.
  • Participation in accelerator programs drives innovation and access to new technologies.
  • The strategic review could streamline operations and focus on profitable segments.

What critics are saying

  • Increased competition in digital payment solutions from established fintech companies.
  • Potential market volatility and regulatory scrutiny in cryptocurrency investments.
  • Strategic uncertainty from selling the private-label credit card and POS financing unit.

What makes Wells Fargo unique

  • Wells Fargo offers a comprehensive range of financial services and products.
  • The company has a strong focus on digital banking and innovation.
  • Wells Fargo supports underserved small businesses through initiatives like the Open for Business Fund.

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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

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