Wells Fargo

Senior Commercial Loan Servicing Specialist - Asset Based Lending/Syndicated Loans

Wells Fargo$85K — $133K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years of experience in Commercial Loan Servicing or equivalent qualifications
  • 2+ years in asset-based lending or syndicated loan servicing preferred
  • Familiarity with commercial loan systems like LoanIQ and Stucky
  • Expertise in loan transaction management and account maintenance
  • Strong interpersonal communication skills for effective collaboration

Responsibilities

  • Execute servicing activities for complex commercial loan products throughout the loan lifecycle
  • Act as primary servicing contact for assigned relationships, collaborating with various departments
  • Review and support loan transactions including modifications and interest calculations
  • Assess and resolve servicing risks, escalating issues as needed
  • Ensure accurate data management and compliance with regulatory standards
  • Conduct quality reviews and monitor performance indicators for efficiency
  • Advocate for process improvements to enhance operational effectiveness

Benefits

  • Comprehensive health benefits
  • 401(k) Plan participation
  • Generous paid time off
  • Disability and life insurance options
  • Parental and critical caregiving leave
  • Tuition reimbursement for further education
  • Scholarships for dependent children
  • Adoption reimbursement support
  • Discounts and commuter benefits programs
Full 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.

The Capital Finance Operations team supports Capital Finance by delivering comprehensive asset-based lending solutions, including sole lender, agented, and syndicated structures. These solutions serve asset-rich companies across the U.S., U.K., and Canada, spanning a wide range of industries.

This role sits within the Lending Servicing function and is responsible for end-to-end life-of-loan servicing activities. The scope includes client loan servicing, syndicated facilities, bought participations, and payoffs for Asset-Based Lending (ABL) portfolios. The role supports revolving and term loan facilities, as well as accounts payable activities, including pass-through expense billings such as field exams, appraisals, and legal fees.

Success in this role requires strong experience in:
  • Asset-based lending account maintenance
  • Accounting and reconciliation, including debit and credit oversight
  • Settlement, accrual, and fee management
  • Interpretation and execution of contractual credit and loan agreements


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 achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Salary is just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs).
$85,000.00 - $133,000.00

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:

30 Aug 2026
*Job posting may come down early due to volume of applicants.

About Wells Fargo

Wells Fargo Careers

Joining Wells Fargo means becoming part of a distinguished financial institution that has been a cornerstone of innovation and leadership in the banking industry. At Wells Fargo, we offer a plethora of job opportunities designed to empower your career growth and development in a diverse and inclusive environment.

Work You’ll Do

At Wells Fargo, you will be part of a team that values diversity and is committed to fostering an inclusive culture. We are looking for professionals who are eager to drive innovation and lead with integrity. Our employees are our greatest asset, and we invest in their professional growth through comprehensive leadership and diversity training programs that are recognized industry-wide.

Explore a Multitude of Career Paths

Whether you're interested in a position in finance, IT, customer service, or management, Wells Fargo has career opportunities in various fields. Our team members benefit from job stability, competitive benefits, and a culture that values and rewards performance and dedication.

Internship Programs

Kickstart your career with a Wells Fargo internship. Our programs provide invaluable industry exposure, professional skills development, and networking opportunities that often lead to full-time employment offers. Interns at Wells Fargo work on real projects, solve actual challenges, and gain the mentorship of seasoned professionals.

Professional Growth and Development

We believe in nurturing the potential of our employees. Wells Fargo offers robust training programs and resources to help every team member excel in their current roles and prepare for future challenges. Growth at Wells Fargo is not just about climbing the career ladder but expanding your skills and expertise to add value to our team and customers.

Benefits and Rewards

Wells Fargo is committed to the well-being of our team members. We offer a comprehensive benefits package that includes health care, retirement plans, and generous paid time off. Additionally, we provide unique perks like employee discounts, adoption assistance, and tuition reimbursement.

Join Our Team

Discover the opportunities waiting for you at Wells Fargo by exploring open positions that match your skills and interests. We are continuously hiring and looking for individuals who bring creativity, passion, and a drive to serve our customers.

Stay Connected

Keep up to date with the latest from Wells Fargo Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and get insider tips on crafting the perfect resume and acing your interview.

Networking and Innovation

At Wells Fargo, networking and innovation go hand in hand. We encourage our employees to connect across departments and roles to foster new ideas and strategies that lead to groundbreaking solutions.

Empower Your Career

Step into a role at Wells Fargo where your skills will be honed, your achievements recognized, and your career can flourish. We're not just filling positions; we're building leaders who are equipped to navigate the complexities of the financial world. Join Wells Fargo today and be part of a team that’s redefining the future of banking.
Learn more about Wells Fargo
Size
246,577 employees
Market Cap
$155.2 billion
Industry
Net Income
$3.3 billion
Founded
1852
5 Year Trend
-5.9%
NASDAQ

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