Lead Commercial Loan Servicing Representative

6 - 11 years

7 - 17 Lacs

Posted:23 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

About this role:
Wells Fargo is seeking a...

In this role, you will:
  • Provide training and guidance to less experienced Commercial Loan Servicing representatives in interpreting and understanding complex policies as well as managing cross group projects
  • Research, respond to and resolve complex inquiries
  • Train others on complex loan agency inquiries and servicing language in loan documentation and interpretation, as well as an understanding of financial services and customer support
  • Coordinate and reconcile all loan advances and payments with member banks and customers and books letters of credit
  • Support loan trading and assignments
  • Prioritize work and provide day to day work leadership and mentorship to the support team
  • Lead or contribute to customer issue resolutions that require coordination amongst various teams
  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
  • Interact with internal customers
  • Receive direction from leaders
  • Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
Required Qualifications:
  • 6+ years of Commercial Loan Servicing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
  • University degree in Business or related discipline
  • Experience of 6+ years in commercial mortgage loan servicing
  • Excellent communication - verbal and written
  • Working knowledge of MS Excel, MS Word MS Access
  • Ability to accurately process high volumes of work within established deadlines
  • Ability to adapt to change
  • Flexibility towards work on different processes/assignments
  • Working with teams 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 conduct process trainings as when required
  • Ability to work independently and generate MIS reports for the process
  • Takes ownership for the responsibilities
  • Motivates oneself and the team in achieving team goals
Job Expectations:
  • Extensive understanding of CMS loan documents
  • Possess thorough understanding of the CREFC guidelines and regulations
  • In-depth understanding of CMBS and CRE business cycle
  • Have regular calls with all line of business; understand and articulate to the requirement from the stake holders for the smooth course of the processes
  • Identify risks and suggest robust control plans
  • Strong process knowledge to resolve process related questions and issues from the team and reduce the queries going to the LOB.
  • Generate systems queries of Loan Information, as when required/requested
  • Complete tasks that require the review of reports, system data, loan documentation, and other collateral or loan related information
  • Perform quality reviewer roles and responsibilities for multiple sub processes
  • Good problem solving and analytical skills
  • Take a lead role in developing and implementing best practices.
  • Exhibits detail-oriented skills
  • Analyze complex data and make decision for final reconciliation
  • Ability to communicate well with US counterparts and build relationship with business Partners.
  • Able to conduct process trainings followed by coaching and mentoring trainees

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Wells Fargo logo
Wells Fargo

Banking and Financial Services

San Francisco

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