About this role:
Wells Fargo is seeking a Senior Loan Documentation Processor.
In this role, you will:
- Provide support in performing loan documentation duties on the most complex loan packages to ensure compliance with company's policies and government regulations
- Process or close loans and act as a main point of contact for internal or external customers during the loan process
- Perform administrative, operational, or customer support tasks related to complex loan packages
- Manage an assigned pipeline of all loan types relative to business line
- Provide subject matter expertise and interpretation of procedures to the team of Loan Documentation specialists to ensure timely completion of work
- Interact with immediate Loan Documentation team, functional area, and internal peers outside work group on information related to the routine loan documentation process
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- 4+ years of customer service, loan administration, collections, or sales environment experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Well versed with Credit Agreements and Credit Approval Documents
- Ability to interpret the loan/credit document.
- Validate information on various SORs with exhaustive authoritative documentation.
- Good understanding of key Credit Terms, such as Interest Rates, Advance Rate, Loan limits, fees etc.
- Strong with MS Excel and Reporting skills. Good with Macros
- Provide support in performing loan documentation duties on the most complex loan packages to ensure compliance with company's policies and government regulations.
- Process or close loans and act as a main point of contact for Line of business.
- Perform administrative, operational, or customer support tasks related to complex loan packages
- Manage an assigned pipeline of all loan types relative to business line
- Provide subject matter expertise and interpretation of procedures to the team of Loan Documentation specialists to ensure timely completion of work
- Perform quality checks of the work completed by junior team members across all the processes.
- Strong analytical, research, and problem-solving skills. Leverage different tools and techniques to solve a problem
- Knowledge on accounting and finance, Industry analysis, Internal and external risk factors of the borrower
- Proactively respond to inquiries on accounts and resolving any discrepancies
- Provide training and mentorship
- Cross train on other existing processes
- Should be flexible in switching roles in between multiple processes as per business requirement
- Very detailed oriented and flexible to work
- Should be flexible in taking additional responsibilities and ensure smooth execution without compromising on quality and timelines
- Education Qualification: Bachelor's Degree or equivalent or MBA
- Strong analytical skills with high attention to detail and accuracy
- Excellent verbal, written, and interpersonal communication skills
- Receives and reciprocates basic information clearly in the written and oral form; Demonstrates good command over the English language
- Ability to escalate issues appropriately
- Ability to accurately process high volumes of work within established deadlines
- Ability to adapt to change and work on multiple processes
- Ability to set priorities, and deliver the tasks within the stipulated timelines
- Highly motivated with strong organizational
- Process works as agreed with the LOB and adhering to the procedures/standards of the process
- Flexibility to work in different shifts
- Ability to succeed in a team environment
- High level of initiative and accountability Effective organizational, multi-tasking, and prioritizing skills
6.30 PM - 3.30 PM IST and fine with rotational shifts.
Posting End Date:
18 Dec 2024
*Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 US: 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.
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.