Commercial Loan Servicing Representative (Insurance Review) at Wells Fargo
Des Moines, IA 50309, USA -
Full Time


Start Date

Immediate

Expiry Date

28 Nov, 25

Salary

0.0

Posted On

28 Aug, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Insurance Policies, Loan Documents, Excel, Outlook, Analytical Skills, Microsoft Office, Communication Skills

Industry

Financial Services

Description

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

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

Required Qualification:

  • 2+ years of Commercial Loan Servicing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educatio

Desired Qualifications:

  • Insurance experience
  • Commercial loan experience
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Experience reviewing and interpreting insurance policies as they apply to collateral secured loans
  • Intermediate Microsoft Office (Word, Excel, and Outlook) skills
  • Ability to review and interpret complex commercial loan documents
  • Ability to navigate multiple computer systems, applications, and utilize search tools to find informatio
Responsibilities

Wells Fargo is seeking a Commercial Loan Servicing Representative as part of the Commercial Insurance Review team within Commercial Banking Operations. The collateral monitoring team is responsible for the ongoing monitoring of insurance related to secured loans. Ensures collateralized loans are properly secured and meets standards described by Wells Fargo Policy. This role may interact with customers, front line partners, internal credit partners and insurance agents. This role ensures a full and comprehensive quality review that commercial equipment insurance policies meet all related requirements.

In this role, you will:

  • Manage risk by performing review and analysis of insurance policies for the express purpose of determining acceptability and compliance
  • 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
  • Assist in setting performance standards, and recommend process or policy improvements to enhance customer satisfaction
  • Evaluate and upload data into the systems of record
  • Review moderately complex loan servicing documentation language
  • Ensure compliance with all policies, procedures and regulatory requirements
  • Provide guidance and training to peers and may have limited supervisory responsibilities
  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
  • Interact with internal and external customers
  • Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Required Qualification:

  • 2+ 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:

  • Insurance experience
  • Commercial loan experience
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Experience reviewing and interpreting insurance policies as they apply to collateral secured loans
  • Intermediate Microsoft Office (Word, Excel, and Outlook) skills
  • Ability to review and interpret complex commercial loan documents
  • Ability to navigate multiple computer systems, applications, and utilize search tools to find information

Job Expectations:

  • Ability to work a hybrid schedule, at least 3 days a week working in office
  • No relocation assistance is provided for this position

Posting Location:

  • 801 Walnut St, Des Moines, IA 50309

CommercialBanking

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