Wells Fargo Logo

Wells Fargo

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

Reposted 9 Hours Ago
Be an Early Applicant
Hybrid
Irving, TX
Senior level
Hybrid
Irving, TX
Senior level
Serve as primary servicing contact for asset-based and syndicated commercial loans, executing end-to-end life-of-loan activities including account maintenance, reconciliations, settlements, fee and accrual management, risk evaluation, system data entry (LUCAS), quality reviews, and training others while supporting process improvements and system initiatives.
The summary above was generated by AI
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
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.
#LivingTheWellLife 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 LinkedIn Top Companies List of best workplaces "to grow your career" in the U.S. Learn more about the career areas and business divisions at https://www.wellsfargojobs.com/.
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
Posting End Date:
30 Aug 2026
*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
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.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
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.
#BI-Hybrid

Similar Jobs at Wells Fargo

Senior level
Fintech • Financial Services
Lead end-to-end servicing for complex commercial and asset-based lending portfolios, including syndicated and participated loans. Serve as primary servicing contact, process complex transactions, perform reconciliations, manage settlements, accruals and fee calculations, monitor controls and KPIs, resolve escalations, train junior staff, and support system enhancements and testing.
Top Skills: LoaniqLucasStucky
Entry level
Fintech • Financial Services
Provide frontline banking service by building customer relationships, opening accounts, processing transactions, handling teller duties, supporting credit applications, and referring customers to specialists while maintaining compliance and using digital tools.
Senior level
Fintech • Financial Services
Grow and manage relationships with affluent customers, deliver multi‑product banking and credit solutions, acquire new clients, coordinate with Wealth/Home Lending/Business Banking, drive deposits/lending/investments growth, promote digital adoption, maintain accurate documentation and regulatory compliance, and support branch team performance while completing required licensing and SAFE registration.

What you need to know about the Austin Tech Scene

Austin has a diverse and thriving tech ecosystem thanks to home-grown companies like Dell and major campuses for IBM, AMD and Apple. The state’s flagship university, the University of Texas at Austin, is known for its engineering school, and the city is known for its annual South by Southwest tech and media conference. Austin’s tech scene spans many verticals, but it’s particularly known for hardware, including semiconductors, as well as AI, biotechnology and cloud computing. And its food and music scene, low taxes and favorable climate has made the city a destination for tech workers from across the country.

Key Facts About Austin Tech

  • Number of Tech Workers: 180,500; 13.7% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Dell, IBM, AMD, Apple, Alphabet
  • Key Industries: Artificial intelligence, hardware, cloud computing, software, healthtech
  • Funding Landscape: $4.5 billion in VC funding in 2024 (Pitchbook)
  • Notable Investors: Live Oak Ventures, Austin Ventures, Hinge Capital, Gigafund, KdT Ventures, Next Coast Ventures, Silverton Partners
  • Research Centers and Universities: University of Texas, Southwestern University, Texas State University, Center for Complex Quantum Systems, Oden Institute for Computational Engineering and Sciences, Texas Advanced Computing Center

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account