Associate Commercial Loan Servicing Representative
Wells Fargo
About the Role
New Loan Setup (NLS) is a process which involves in setting up of a Loan & Property Level Information in the Loan Accounting System (Strategy) right after the loan is closed. NLS involves in creating Loan Number for few of the Warehouse Loans based on the Lenders. Verifying Borrower related information from the Loan Documents & updating the same in the System. Verifying the Loan & Property Information from Loan Documents & updating the same in Strategy. It also supports the Client Solutions team which majorly works on the Borrower requests.
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
Update and analyze the company’s mortgage loan system of record and other systems with appropriate data
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
Good communication - verbal and written
Good problem solving skills and exhibit and eye for detail
Working knowledge of MS Excel, MS Word MS Access
Ability to adapt to change
Flexibility towards work on different processes/assignments
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.
Required Qualifications,:
- 6+ months of commercial mortgage service experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualification
Candidate should be a Commerce Graduate
Good knowledge on commercial mortgage servicing and products
Understanding of loan documents
Standard shift time: 7.30 am - 4.30 pm (BLR) & 8.30 am - 5.30 pm (HYD)
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