Wells Fargo & Co logo

Senior Commercial Loan Servicing Specialist - Asset Based Lending

Wells Fargo & Co
  • Los Angeles, CA
  • $92,000–$145,000 Per Year
30+ days ago

Job Description

About this role:

Wells Fargo is seeking a Senior Commercial Loan Servicing Specialist in Commercial Banking Operations / Wholesale Lending Operations as part of Commercial Banking.

In this role, you will:

  • Lead a variety of servicing activities for moderately complex commercial products, including coordinating all aspects to ensure customer resolution

  • Evaluate and upload data into the systems of record to ensure compliance with all bank policies, procedures, and regulatory requirements

  • Coordinate all aspects of resolving open customer service issues; interact with internal and external customers

  • Serve as primary liaison and work collaboratively with Sales, Legal, Control and Risk, Technology, and various Operations and company teams as necessary to progress customer-focused needs

  • Review and negotiate moderately complex loan servicing transactions, evaluate risks, and devise strategies to mitigate risks and identify procedural modifications

  • Serve as an escalation point in the resolution of client issues

  • Conduct quality reviews and monitor key performance metrics as related to efficiencies and effective processes

  • Identify activities of the team to ensure conformity with established procedures

  • Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals

  • May lead projects, teams, or serve as a mentor for lower-level staff; may contribute to strategic initiatives

  • Independently resolve moderately complex issues and lead team to meet deliverables while leveraging solid understanding of the function, policies, procedures, and compliance requirements

Required Qualifications:

  • 4+ 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:

  • 4 years of asset based lending servicing experience

  • 2 years of accounting or finance experience

  • ABL / syndicated loan servicing experience

  • Ability to review and interpret complex wholesale commercial loan documents

  • Intermediate Microsoft Office skills

  • Ability to navigate multiple computer systems, applications, and utilize search tools to find information

  • Strong analytical skills with high attention to detail and accuracy

  • Excellent verbal, written, and interpersonal communication skills

  • Ability to exercise independent judgment to identify and resolve problems

  • Strong organizational, multi-tasking, and prioritizing skills

Job Expectations:

  • This position offers a hybrid work schedule at the location listed

  • This position is not eligible for Visa sponsorship

  • This position is not eligible for relocation

  • Provide direct customer service and acts as primary servicing contact for the loan

  • Support our internal and external clients / partners (Relationship Managers, Underwriters, Collateral team etc.)

  • Perform complex administrative and customer support tasks by managing daily schedules

  • Recommends process or policy improvements to enhance customer satisfaction

  • Review moderately complex loan servicing documentation language, book and fund new loans and modifications, including reviewing of input using system of record LUCAS (Loan Underwriting Collateral Analysis System)

  • Provide subject matter expertise and interpretation of procedures to less experienced individuals

  • Escalates complaints as needed to management

  • Provide training and guidance to less experienced loan servicing representatives

  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

  • Process assigned Tranche setups using the appropriate base rate and tenure

  • Process required interest and fee entries and adjustments

  • Process participation settlements

  • Participate in the LUCAS Ops enhancement meetings and UAT / Regression testing (As needed)

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

$92,000.00 - $145,000.00

Benefits

Wells 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 benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

Posting End Date:

24 Apr 2026

  • Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells 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.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Numbers & Facts

LocationLos Angeles, CA
IndustryFinancial Services
Salary$92,000–$145,000 Per Year
Company Size10,000 employees or more
Year Founded1852

About Company

We believe in our vision and values just as strongly today as we did the first time we put them on paper more than 20 years ago. Staying true to them will guide us toward continued growth and success for decades to come. As you read more about our vision and values, you will learn about who we are, where we’re headed and how every Wells Fargo team member can help us get there.

Skills

  • Acceptance Testingunmatched
  • Accountingunmatched
  • Administrative Skillsunmatched
  • Alliance/Partner Managementunmatched
  • Analysis Skillsunmatched
  • Banking Operationsunmatched
  • Commercial Bankingunmatched
  • Commercial Loansunmatched
  • Communication Skillsunmatched
  • Computer Systemsunmatched
  • Consultingunmatched
  • Credit Riskunmatched
  • Customer Relationsunmatched
  • Customer Satisfactionunmatched
  • Customer Support/Serviceunmatched
  • Detail Orientedunmatched
  • Financeunmatched
  • Financial Operationsunmatched
  • Identify Issuesunmatched
  • Interpersonal Skillsunmatched
  • Legalunmatched
  • Loan Collateralunmatched
  • Loan Documentsunmatched
  • Loan Fundingunmatched
  • Loan Operationsunmatched
  • Loan Restructuringunmatched
  • Loan Reviewunmatched
  • Loan Servicingunmatched
  • Loan Underwritingunmatched
  • Loansunmatched
  • Maintain Complianceunmatched
  • Mentoringunmatched
  • Negotiation Skillsunmatched
  • Performance Analysisunmatched
  • Performance Metricsunmatched
  • Policy Developmentunmatched
  • Presentation/Verbal Skillsunmatched
  • Problem Solving Skillsunmatched
  • Procedure Developmentunmatched
  • Process Improvementunmatched
  • Quality Monitoringunmatched
  • Regression Testingunmatched
  • Regulatory Complianceunmatched
  • Regulatory Requirementsunmatched
  • Reimbursementunmatched
  • Resolve Customer Issuesunmatched
  • Riskunmatched
  • Risk Analysisunmatched
  • Risk Managementunmatched
  • Salesunmatched
  • Schedule Developmentunmatched
  • Scholarshipunmatched
  • Strategic Planningunmatched
  • Team Lead/Managerunmatched
  • Technical Operationsunmatched
  • Time Managementunmatched
  • Tuition Reimbursementunmatched
  • Underwritingunmatched
  • Wholesale Industryunmatched
  • Writing Skillsunmatched

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