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WF
Wells Fargo
Senior Commercial Loan Servicing Specialist Asset Based Lending/Syndicated Loans (LOS ANGELES)
Career Insights for Credit / Loan Counselor
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Scorecard
Based on California data
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What they do
A Credit or Loan Counselor advises and educates individuals or organizations on acquiring and managing debt or qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions. May help develop debt management or credit issue plans. Can provide budget, mortgage or bankruptcy counseling.
$50,150 / year median in California
-14% projected decline
Job Description
- About this role:
- Wells Fargo is seeking a
- Senior Commercial Loan Servicing Specialist
- to join Commercial Banking Operations on the Capital Finance Operations (CFO) team within Wholesale Operations.
- \#1 lead arranger and bookrunner of syndicated asset-based loans
- (YTD 9/2024,
Source:
Refinitiv/Wells Fargo).Why Wells Fargo:
- Are you looking for more?
- In this role, you will:
- + Execute servicing activities for moderately complex commercial loan products, supporting the full life-of-loan cycle + Serve as a primary servicing contact for assigned relationships, partnering with Relationship Managers, Legal, Risk, Control, Technology, and Operations teams + Review, process, and support moderately complex loan transactions, including new loans, modifications, tranche set-ups, interest and fee calculations, and participation settlements + Evaluate servicing risks, resolve client and operational issues, and escalate matters as needed to management + Ensure accurate data entry, reconciliation, and ongoing portfolio maintenance across systems of record, including LUCAS, in compliance with policies, procedures, and regulatory requirements + Conduct quality reviews and monitor key performance indicators to support efficient and well-controlled servicing processes + Recommend process or procedural improvements to enhance operational effectiveness and customer experience + Provide guidance, training, and subject matter support to less experienced servicing representatives + Participate in operational initiatives, system enhancements, and user acceptance testing as needed •
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:
- + 2+ years of asset-based lending/syndicated loan servicing experience + Experience with commercial loan systems, specifically LoanIQ, Stucky + Service complex wholesale commercial loans end to end, including account reconciliation, debit and credit oversight, settlement, accrual, and fee management + Demonstrated ability acting as the agent in syndicated deals, coordinating funding and distribution across banks + Ability to calculate interest rates (floating, fixed, term, FX considerations) and maintaining interest, fee accruals, and amortization schedules + Manage loan transactions (advances, repayments, disbursements) and ensure accurate booking + Excellent interpersonal communication abilities to partner with clients, investors, and internal teams to support ongoing servicing needs + Experience in managing high volume pipelines •
Job Expectations:
- + This position offers a hybrid work schedule at the location listed + This position is not eligible for Visa sponsorship + This position may be eligible for relocation
- 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.
Posting End Date:
- 24 Sep 2026
- _Job posting may come down early due to volume of applicants._
- We Value Equal Opportunity
- Wells Fargo is an equal opportunity employer.
- Applicants with Disabilities
- To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
- Drug and Alcohol Policy
- Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number:
- R-570891