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Wells Fargo

Diversified financial services: banking, lending, investments

Commercial Lending Servicing Representative

Retail & Commercial BankingUpdated on Nov 12
Full-timeBengaluru, Karnataka, IndiaNo salary listedIn-person

About the Job

Requirements

  • At least 2 years of Commercial Loan Servicing support experience, or equivalent demonstrated through a combination of work experience, training, military experience, or education.

Responsibilities

  • Service commercial loan transactions where Wells Fargo acts as a participating or member bank.
  • Process standard to moderately complex loan events, including advances, repayments, interest payments, fee payments, rate changes, rollovers, and account-maintenance activities.
  • Review notices and servicing instructions received from agent banks or authorized internal partners for completeness, accuracy, and required approvals.
  • Compare transaction instructions with available loan documentation, system records, participant positions, and established processing procedures.
  • Enter, validate, and maintain loan, borrower, lender, payment, and transaction information in applicable systems of record.
  • Process assigned loan bookings, funding activities, modifications, and servicing updates within established timelines and processing cutoffs.
  • Monitor assigned work queues, pending items, transaction dates, service requests, and unresolved dependencies.
  • Complete required transaction validations and maker-checker controls before submitting or closing assigned work.
  • Support basic reconciliation of principal, interest, fees, receivables, payables, and member-bank positions.
  • Research routine transaction discrepancies, payment differences, missing notices, and system exceptions.
  • Escalate incomplete documentation, conflicting instructions, unresolved differences, control concerns, or transactions outside assigned authority.
  • Respond to routine inquiries from internal partners, customers, agent banks, and other authorized stakeholders.
  • Communicate transaction status, pending requirements, and expected next actions clearly and professionally.
  • Maintain complete and accurate servicing records, notices, approvals, calculations, correspondence, and transaction evidence.
  • Coordinate with Deal Administration, Quality Control, Collateral, Finance, Risk, Control, Technology, and other Operations teams to complete servicing activities.
  • Assist with payoff-related processing, collateral-release requests, billing inquiries, customer research, or insurance-monitoring activities where applicable to the assigned portfolio.
  • Follow applicable policies, procedures, approval requirements, regulatory standards, records-management requirements, and operational controls.
  • Identify recurring processing issues and recommend practical improvements to the appropriate senior team member.
  • Participate in cross-training, procedure reviews, team knowledge sessions, and backup coverage for comparable servicing processes.
  • Process assigned transactions accurately and within established timelines.
  • Maintain complete and reliable transaction evidence.
  • Identify discrepancies before releasing or closing work.
  • Follow procedures and control requirements consistently.
  • Escalate exceptions promptly and with sufficient supporting information.
  • Demonstrate increasing independence and product knowledge over time.

Desired Qualifications

  • Experience processing commercial loan, banking, lending, payment, or comparable financial transactions.
  • Experience reviewing transaction instructions or financial documentation for completeness and accuracy.
  • Experience entering or validating information in a loan servicing, banking, or transaction-processing system.
  • Ability to organize assigned work and meet transaction deadlines.
  • Attention to detail and ability to identify missing, inconsistent, or inaccurate information.
  • Written and verbal communication skills.
  • Experience servicing syndicated, participated, member-bank, bilateral, or commercial real estate loans.
  • Foundational understanding of agent-bank and participant-bank responsibilities.
  • Experience with Loan IQ or a comparable commercial loan servicing system.
  • Knowledge of loan advances, repayments, interest, fees, repricing, rollovers, and maturity events.
  • Experience performing basic loan, payment, cash, or position reconciliations.
  • Exposure to credit agreements, agent-bank notices, amendments, funding notices, or servicing instructions.
  • Experience working with transaction queues, service requests, workflow tools, or operational trackers.
  • Proficiency in Microsoft Excel, Word, and Outlook.
  • Ability to manage multiple priorities in a deadline-driven environment.
  • Ability to recognize when an issue requires escalation rather than independent resolution.

About the Company

Wells Fargo

Diversified financial services: banking, lending, investments

Wells Fargo offers a broad set of financial services, including banking, mortgages, investing, credit cards, and wealth and business banking, to individuals, small businesses, and large corporations. Its products combine everyday banking with lending, investment products, and advisory services, accessible through branches, ATMs, and online or mobile platforms. The company earns mainly from interest on loans, banking fees, and commissions on investment products, supported by a large network and secure technology. Its goal is to help customers manage, preserve, and grow their money through trusted, accessible, and comprehensive financial solutions.

Company size
10,001+
Company stage
IPO
Headquarters
San Francisco, CA
Founded
1851

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