About this role:
Wells Fargo is seeking a Commercial Loan Closing Specialist in Loan Support as a part of Commercial Banking Operations division. Learn more about the career areas and lines of business at . This position is responsible for activities related to servicing of commercial loan transactions according to bank policies, procedures, and regulatory requirements.
In this role, you will:
- Work pre-close documents for moderately complex to complex commercial loans
- Coordinate all aspects of loan closings
- Perform customer, loan and regulatory diligence
- Accurately evaluate and upload data into the systems of record
- Ensure compliance with all bank policies, procedures and regulatory requirements
- Review and prepare complex loan documents
- Coordinate legal activities for loan documentation that may include
- Document purchased from third party sources, with internal staff and the Corporate Legal group
- Serve as primary liaison between Credit, Sales, and Legal departments
- 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, devise strategies to mitigate documentation risk and identifying procedural modifications
- Provide guidance and training to peers
- 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:
- 2+ years of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Familiarity with LoanIQ processing
- Knowledge of debits and credits
- Knowledge of loan documentation
- Sound analytical skills with high attention to detail and accuracy
- Experience reading, analyzing, and interpreting documents/reports
- Ability to review and interpret complex commercial loan documents
- Experience resolving and working through escalated and complex customer issues
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
- Ability to coordinate completion of multiple tasks and meet aggressive time frames
- Excellent verbal, written, and interpersonal communication skills
- Ability to interact with all levels of an organization
- Sound knowledge of Microsoft Office (Word, Excel, and Outlook) skills
Job Expectations:
- This position currently offers a hybrid work schedule
- Ability to work at one of our approved job posting locations
- Ability to work additional hours as needed
10 Mar 2025
Wells Fargo Recruitment and Hiring Requirements:
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.