Commercial Loan Servicing Representative

1 - 2 years

7 - 17 Lacs

Posted:1 week ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

About the Role

New Loan Setup (NLS) is a process which involves in setting up of a Loan & Property Level Information in the Loan Accounting System (Strategy) right after the loan is closed. NLS involves in creating Loan Number for few of the Warehouse Loans based on the Lenders. Verifying Borrower related information from the Loan Documents & updating the same in the System. Verifying the Loan & Property Information from Loan Documents & updating the same in Strategy. It also supports the Client Solutions team which majorly works on the Borrower requests.

Responsibilities

  • Knowledge and experience in commercial mortgage servicing related tasks, processes and activities including commercial mortgage loan structures and interpretation of loan documents.
  • Ability to interpret and understand different types of loan documents.
  • Analyze the loan documents and update the third party system to submit a records to release the property Lien.
  • Generate systems queries, as required/requested.
  • Complete tasks that require the review of reports, system data, loan documentation, and other collateral or loan related information.
  • Accurately process high volumes of work within established deadlines.

Desired skills:

  • Good communication - verbal and written
  • Good problem solving skills and an eye for detail
  • Working knowledge of MS Excel, MS Word MS Access
  • Ability to adapt to change
  • Flexibility to work on different processes/assignments
  • Give an extended support during the high volumes days
  • Working with team members and be an active participant
  • Exhibits a commitment to the company
  • Ability to set priorities, plan and organize work
  • Demonstrates/maintains professional conduct under all circumstances
  • Ability to communicate well with US counterparts, as required
  • Takes ownership for responsibilities
  • Flexible to work different shifts as per the business requirement.

Desired Qualification

    Eligible candidate should be atleast a B.Com graduateGood knowledge on commercial mortgage servicing and productsUnderstanding and ability to interpret loan documents1.5 to 2 years of work experience in commercial mortgage streamStandard shift time:Flexible Shift Timings

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Wells Fargo

Banking and Financial Services

San Francisco

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