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Loan Servicing Specialist 6

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.

The Loan Servicing Specialist 6 position will be responsible for ordering, reviewing, renewing and maintaining loan disbursements and payoffs for the most complex commercial and commercial real estate accounts. 

This position involves acquiring technical knowledge of the Commercial Banking Operations processes to adequately answer questions or make adjustments to systems as necessary. Questions may be regarding the booking of loans, interpretation of AFS screens, invoices, sweeps, interest rates, fees, incoming wires, and other aspects of loan servicing. 

Functions include: reviewing loan documentation terms and conditions; monitoring loan draw requests; coordinating loan disbursements, payoffs and demands; reviewing completed disbursement audits; reviewing loan reconciliations; reviewing reports from lower level specialists, ensuring all procedures are in compliance with government regulations and company policies. Within the commercial business, is responsible for collection of delinquent payments and fees, insurance monitoring, payoff calculations, structured cash management loans and document review phase 2 boarding. Identifies and mitigates risk in accomplishing business goals.

Main softwares being used: 
AFS, COLTS, eTran, LROMS, WIPS, CEO Wire, StoreVision, CreditView, ICMP, E-TRAC, and SharePoint

Please Note: Position is currently remote; however, employee will be required to work on site at 1700 Lincoln Street, Denver, CO when Wells Fargo returns to standard operating model.

***Job posting may be removed earlier than stated close date due to volume of applicants. 

If you are a Wells Fargo Team Member, in your Jobs Profile ensure that your email address is valid and updated to an address that can receive external emails outside of the banking network.  Initial contact with you will be made via e-mail.  Please check your e-mail regularly for updates.  If you plan to be away from the office, update your contact information to include your personal email to ensure you do not miss communication through the selection process.

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. 

Required Qualifications

  • 5+ years of loan administration experience, loan servicing experience, or a combination of both

Desired Qualifications

  • Accounting experience
  • Commercial banking experience
  • Customer service experience
  • Ability to mentor and train less senior staff
  • Ability to navigate multiple computer systems, applications, and utilize search tools to find information
  • Ability to work effectively, as well as independently, in a team environment
  • Exposure to Wells Fargo AFS (Automated Financial Systems)
  • Exposure to Wells Fargo COLTS (Credit On-Line Transaction System)
  • Knowledge and understanding of loan documentation
  • Strong independent thinking skills
  • Strong organizational, multi-tasking, and prioritizing skills
  • Leadership experience
  • Leadership experience including; coaching, training, and mentoring
  • Experience working with military protocol and instructions, enlisted evaluations, officer/leadership reporting, and assistance with keeping military personnel combat-ready and effective
  • Ability to interact with all levels of an organization
  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy

Other Desired Qualifications
  • Experience with WIPS, LROMS, ETRAC and/or ETRAN systems
  • Commercial Banking Operations Documentation experience 
  • Experience having accuracy with transaction posting

Job Expectations

  • Ability to work additional hours as needed

Salary Information

The salary range displayed below is based on a Full-time 40 hour a week schedule.

CO-Denver: Min: $41,800 Mid: $58,000 Max: $74,200

Street Address

CO-Denver: 1700 Lincoln St - Denver, CO


    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 Summary


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Wells Fargo
Full time
Salary Range
$324,000.00 - 439,000.00
per Year
Salary range estimated by
Denver, CO 80285, US