Senior Loan Servicing Specialist

Senior Commercial Loan Servicing SpecialistWells Fargo is seeking a Senior Commercial Loan Servicing Specialist to join Commercial Banking Operations on the Capital Finance Operations (CFO) team within Wholesale Operations.Capital Finance delivers comprehensive asset-based lending solutions, including sole lender, agented, and syndicated structures. These solutions serve asset-rich companies across the U.S., U.K., and Canada, spanning a wide range of industries.This role sits within the Lending Servicing function and is responsible for end-to-end life-of-loan servicing activities. The scope includes client loan servicing, syndicated facilities, bought participations, and payoffs for Asset-Based Lending (ABL) portfolios. The role supports revolving and term loan facilities, as well as accounts payable activities, including pass-through expense billings such as field exams, appraisals, and legal fees.Success in this role requires strong experience in:Asset-based lending account maintenanceAccounting and reconciliation, including debit and credit oversightSettlement, accrual, and fee managementInterpretation and execution of contractual credit and loan agreementsJoin the industry's #1 lead arranger and bookrunner of syndicated asset-based loans (YTD 9/2024, Source: Refinitiv/Wells Fargo).In this role, you will:Execute servicing activities for moderately complex commercial loan products, supporting the full life-of-loan cycleServe as a primary servicing contact for assigned relationships, partnering with Relationship Managers, Legal, Risk, Control, Technology, and Operations teamsReview, process, and support moderately complex loan transactions, including new loans, modifications, tranche set-ups, interest and fee calculations, and participation settlementsEvaluate servicing risks, resolve client and operational issues, and escalate matters as needed to managementEnsure accurate data entry, reconciliation, and ongoing portfolio maintenance across systems of record, including LUCAS, in compliance with policies, procedures, and regulatory requirementsConduct quality reviews and monitor key performance indicators to support efficient and well-controlled servicing processesRecommend process or procedural improvements to enhance operational effectiveness and customer experienceProvide guidance, training, and subject matter support to less experienced servicing representativesParticipate in operational initiatives, system enhancements, and user acceptance testing as neededRequired Qualifications:4+ years of Commercial Loan Servicing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:2+ years of asset-based lending/syndicated loan servicing experienceExperience with commercial loan systems, specifically LoanIQ, StuckyService complex wholesale commercial loans end to end, including account reconciliation, debit and credit oversight, settlement, accrual, and fee managementDemonstrated ability acting as the agent in syndicated deals, coordinating funding and distribution across banksAbility to calculate interest rates (floating, fixed, term, FX considerations) and maintaining interest, fee accruals, and amortization schedulesManage loan transactions (advances, repayments, disbursements) and ensure accurate bookingExcellent interpersonal communication abilities to partner with clients, investors, and internal teams to support ongoing servicing needsExperience in managing high volume pipelinesJob Expectations:This position offers a hybrid work schedule at the location listedThis position is not eligible for Visa sponsorshipThis position may be eligible for relocationPay RangeReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.Salary is just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs).$92,000.00 - $145,000.00BenefitsWells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.Health benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursementWe Value Equal OpportunityWells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.