Wholesale Loan Admin 1

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Commercial Banking provides financial solutions to businesses with annual sales generally in excess of $5 million. Our business lines are Wells Fargo Commercial Capital, Middle Market Banking, and Treasury Management & Payment Solutions.

Wells Fargo Commercial Capital - A market-leading provider of working capital, investment capital, trust services, and sales financing solutions that help customers optimize liquidity and grow their business through their lifecycle

The Wholesale Loan Admin 1 will be responsible for, but not limited to, the following:

• assisting in monitoring loan draw requests
• processing loan disbursements
• LIBOR setups
• processing complex Domestic and Foreign currency loans
• completing disbursement audits; providing rate quotes
• preparing loan reconciliations
• researching and compiling data for management reports
• performing modifications and renewals with system setups
• liaison between Loan Closing and the CLIC team

This position will be working with the participating lenders, completing settlements to make sure pro-rata shares are correct. Responsible for system testing. May provide work direction and training to other loan servicing team members along with being a resource for the other divisions within Wells Fargo.

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.

• 1+ year of commercial loan closing experience, commercial loan administration experience, or a combination of both; or BS/BA degree

• 2+ years of customer service experience
• 2+ years of loan servicing experience
• Accounting or finance experience
• Ability to exercise independent judgment to identify and resolve problems
• Ability to review and interpret complex commercial loan documents
• Knowledge and understanding of asset based lending or commercial lending
• Commercial loan documentation, preparation, or review experience
• Ability to navigate multiple computer systems, applications, and utilize search tools to find information
• Ability to work effectively in a team environment and across all organizational levels; where flexibility, collaboration, and adaptability are important
• Ability to work in a fast-paced deadline driven environment
• Effective organizational, multi tasking, and prioritizing skills
• Excellent verbal, written, and interpersonal communication skills
• Intermediate Microsoft Office (Word, Excel, and Outlook) skills
• Strong analytical skills with high attention to detail and accuracy

The salary range displayed below is based on a Full-time 40 hour a week schedule.
GA-Atlanta: Min: $42,500 Mid: $59,000
NC-Charlotte: Min: $42,500 Mid: $59,000
IA-Des Moines: Min: $42,500 Mid: $59,000
TX-DAL-North Dallas: Min: $42,500 Mid: $59,000

GA-Atlanta: 1100 Abernathy Road - Atlanta, GA
NC-Charlotte: 301 S College St - Charlotte, NC
IA-Des Moines: 800 Walnut St - Des Moines, IA
TX-DAL-North Dallas: 14241 Dallas Parkway - Dallas, TX

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.