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Job description
About this role:
nWells Fargo is seeking a Senior Commercial Loan Servicing Specialist to join Commercial Banking Operations on the Capital Finance Operations (CFO) team within Wholesale Operations.
nCapital 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.
nThis 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.
nSuccess in this role requires strong experience in:
nnnAsset-based lending account maintenance
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nnAccounting and reconciliation, including debit and credit oversight
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nnSettlement, accrual, and fee management
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nnInterpretation and execution of contractual credit and loan agreements
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n nJoin the industry’s #1 lead arranger and bookrunner of syndicated asset-based loans (YTD 9/2024, Source: Refinitiv/Wells Fargo).
nWhy Wells Fargo:
nAre 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.
n#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
nIn this role, you will:
nnnExecute servicing activities for moderately complex commercial loan products, supporting the full life-of-loan cycle
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nnServe as a primary servicing contact for assigned relationships, partnering with Relationship Managers, Legal, Risk, Control, Technology, and Operations teams
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nnReview, process, and support moderately complex loan transactions, including new loans, modifications, tranche set-ups, interest and fee calculations, and participation settlements
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nnEvaluate servicing risks, resolve client and operational issues, and escalate matters as needed to management
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nnEnsure accurate data entry, reconciliation, and ongoing portfolio maintenance across systems of record, including LUCAS, in compliance with policies, procedures, and regulatory requirements
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nnConduct quality reviews and monitor key performance indicators to support efficient and well-controlled servicing processes
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nnRecommend process or procedural improvements to enhance operational effectiveness and customer experience
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nnProvide guidance, training, and subject matter support to less experienced servicing representatives
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nnParticipate in operational initiatives, system enhancements, and user acceptance testing as needed
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n nRequired Qualifications:
nn4+ years of Commercial Loan Servicing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
n nDesired Qualifications:
nnn2+ years of asset-based lending/syndicated loan servicing experience
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nnExperience with commercial loan systems, specifically LoanIQ, Stucky
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nnService complex wholesale commercial loans end to end, including account reconciliation, debit and credit oversight, settlement, accrual, and fee management
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nnDemonstrated ability acting as the agent in syndicated deals, coordinating funding and distribution across banks
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nnAbility to calculate interest rates (floating, fixed, term, FX considerations) and maintaining interest, fee accruals, and amortization schedules
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nnManage loan transactions (advances, repayments, disbursements) and ensure accurate booking
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nnExcellent interpersonal communication abilities to partner with clients, investors, and internal teams to support ongoing servicing needs
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nnExperience in managing high volume pipelines
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n nJob Expectations:
nnnThis position offers a hybrid work schedule at the location listed
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nnThis position is not eligible for Visa sponsorship
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nnThis position may be eligible for relocation
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n nPay Range
nSalary 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).
nReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities. $92,000.00 - $145,000.00
nBenefits
nWells 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.
nnnHealth benefits
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nn401(k) Plan
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nnPaid time off
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nnDisability benefits
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nnLife insurance, critical illness insurance, and accident insurance
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nnParental leave
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nnCritical caregiving leave
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nnDiscounts and savings
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nnCommuter benefits
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nnTuition reimbursement
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nnScholarships for dependent children
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nnAdoption reimbursement
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n nPosting End Date:
n17 Oct 2026
n***** Job posting may come down early due to volume of applicants.
nWe Value Equal Opportunity
nWells 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.
nEmployees 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.
nApplicants with Disabilities
nTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo ( .
nDrug and Alcohol Policy
nWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy ( to learn more.
nWells Fargo Recruitment and Hiring Requirements:
na. Third-Party recordings are prohibited unless authorized by Wells Fargo.
nb. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
nReq Number: R-
Worksite address
chicago, IL, 60290, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.