In this role, you will:
- Service commercial real estate loans including construction and problem loans and may include commercial real estate agency loans.
- Provide direct customer service and acts as primary servicing contact for the loan.
- Support less experienced loan administrators in providing resolutions of inquiries and complaints.
- Determine appropriate course of action and conduct investigative steps to fully identify customer issues.
- Perform complex administrative and customer support tasks by managing daily schedules and providing work direction to the team.
- Assist in setting performance standards and recommend 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.
- Monitor collateral and prepare payoff letters, releasing collateral; customer research and billing; obtain insurance information and monitor ongoing coverage.
- Provide subject matter expertise and interpretation of procedures to less experienced individuals.
- Respond independently to complaints escalated at the highest level.
- Provide training and guidance to less experienced loan administrators and perform quality assurance and approve the work of other staff.
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals.
- Interact with internal customers.
- Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
Required Qualification:
- 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:
Job Expectations:
- Ability to work a hybrid schedule, at least 3 days a week working in office at posted location.
Posting Location:
- 5595 Trillium Blvd, Hoffman Estates, IL 60192
Pay Range
$24.57 - $36.88
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit 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
20 Feb 2025
Wells Fargo Recruitment and Hiring Requirements:
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.