Senior Commercial Loan Closing Specialist
Senior Commercial Loan Closing Specialist
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Job Description
About this role:
Wells Fargo is seeking a Senior Commercial Loan Closing Specialist in Commercial Captial Operations as part of Wholesale Lending Operations Division. This position is responsible for assembling preparing and reviewing commercial closing documents for loans/transactions; the initial boarding and funding of deals/transactions/facilities onto accounting systems of record. This may include in depth review of collateral legal agreements and credit approvals to ensure final executed details are captured accurately and regulatory and company requirements are met. Learn more about our career areas and lines of business at .
In this role you will:
- Lead a variety of pre-close activities for moderately complex to complex commercial loans including coordinating all aspects of loan closings
- Accurately evaluate and upload data into the systems of record to ensure compliance with all bank policies procedures and regulatory requirements
- Document and coordinate legal activities for loan documentation that may also include documentation purchased from third party sources with internal staff and the Corporate Legal group
- Work collaboratively with Credit Sales and Legal regarding proper procedures and documentation requirements necessary to ensure accuracy with negotiated terms and ensure alignment with appropriate compliance standards
- Review and negotiate complex legal documentation evaluate risks develop strategies to mitigate documentation risk and identify procedural modifications
- Serve as an escalation point in the resolution of client issues
- Conduct quality reviews and monitor key performance metrics as related to efficiencies and effective processes
- Identify activities of the team to ensure conformity with established procedures
- Collaborate and consult with peers colleagues and managers to resolve issues and achieve goals
- Interact with internal customers
- Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function policies procedures and compliance requirements
Required Qualifications:
- 4 years of Commercial Loan Closing experience or equivalent demonstrated through one or a combination of the following: work experience training military experience education
- 2 years of syndicated loan experience
- 2 years of Loan IQ experience
Desired Qualifications:
- Proficient in reading and understanding highly complex loan documentation
- Asset Based Lending knowledge
- Ability to demonstrate interpersonal organizational and effective leadership skills
- Ability to prioritize work meet deadlines achieve goals and work under pressure in a dynamic and complex environment
- Exceptional verbal written and interpersonal communication skills
- Ability to interact with all levels of an organization including management
- Excellent critical thinking and problem-solving skills as well as the ability to embrace and adapt to change
- Effective analytical skills including ability to analyze metrics
- Sound knowledge of Microsoft Office (Work Excel & Outlook)
Location:
- 1525 W W T Harris Blvd Charlotte NC
- 600 S 4th St Minneapolis MN
- 7711 Plantation Rd Roanoke VA
Additional Information:
- You should be aware that specific compliance policies may apply regarding outside activities and/or personal investing. Requirements may include pre-clearing outside activities transferring brokerage accounts to a designated broker trade pre-clearance minimum holding period monitoring of trading activity etc. Affected employees will be expected to provide information to the Personal Account Dealing Team and abide by applicable policy requirements. If you would like additional information to help assess impact please discuss with your hiring manager or contact the Personal Account Dealing Team at Otherwise more detailed information will be provided after you join Wells Fargo.
#CommercialBanking
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements skills experience or work location. The range listed is just one component of the compensation package offered to candidates.
$57200.00 - $113000.00Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits many of which are listed below. VisitBenefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance critical illness insurance and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Posting End Date:
11 Jun 2025*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells 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.
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 units risk appetite and all risk and compliance program requirements.
Applicants with Disabilities
To request a medical accommodation during the application or interview process visitDisability 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.
Required Experience:
Senior IC
Employment Type
Full-Time
