Senior Commercial Loan Servicing Specialist – Asset Lending​/Syndicated Loans; CHARLOTTE

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.

Capital Finance delivers 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

Join the industry’s #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? Find it here. At Wells Fargo, we believe that a meaningful career is much more than just a job. It’s about finding all the elements that help you thrive, in one place.#Living The Well Life  means you’re supported in life, not just work. It means having a competitive salary, a robust benefits package, and programs to support your work-life balance and well-being.

It means being rewarded for investing in your community, celebrated for being your authentic self, and empowered to grow. And we’re recognized for it! Wells Fargo ranked in the top three on the 2024 Linked In Top Companies List of best workplaces “to grow your career” in the U.S. Learn more about the career areas and business divisions at  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

Demo…