Commercial Loan Servicing Representative
5 days ago
Commercial Loan Servicing Representative
About the Role
Document Management process involves in uploading the documents in the FileNet and tracking loan documents. Team also handles various missing document requests and approach the external custodians to get the loan documents and place them in FileNet.
Reconveyance process involves in releasing the Lien on the properties.
**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
Good knowledge on commercial mortgage servicing and products
Understanding and ability to interpret loan documents
1.5 to 2 years of work experience in commercial mortgage stream
Clause:
Wells Fargo has recently entered into an agreement to sell the third-party servicing function of Commercial Mortgage Servicing (CMS) to Trimont Global LLC (Trimont). The sale is expected to close in early 2025 (the "Closing Date"). We are continuing to recruit for open positions supporting CMS but want to ensure you are aware that should you be selected for and accept this position, you may also receive an offer from Trimont prior to the Closing Date with similar employment terms and conditions following your Wells Fargo start date.
Standard shift time:
7.30 am - 4.30 pm (BLR) & 8.30 am - 5.30 pm (HYD)
**Posting End Date**:
30 Dec 2024
**Job posting may come down early due to volume of applicants.**
**We Value Diversity**
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**
**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.
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