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Senior Commercial Loan Closing Specialist

$85k - $133k

Minnesota Jobs

Senior Commercial Loan Closing Specialist

Wells Fargo is seeking a Senior Commercial Loan Closing Specialist at Wells Fargo as part of Commercial Middle Market Banking at Wells Fargo. 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

Desired Qualifications:

  • Commercial loan documentation, preparation, or review experience
  • Intermediate Microsoft Office (Word, Excel, and Outlook) skills
  • Ability to navigate multiple computer systems, applications, and utilize search tools to find information
  • Strong analytical skills with high attention to detail and accuracy
  • Excellent verbal, written, and interpersonal communication skills
  • Effective organizational, multi-tasking, and prioritizing skills
  • Ability to work in a fast-paced deadline driven environment
  • Ability to work effectively in a team environment and across all organizational levels; where flexibility, collaboration, and adaptability are important
  • Exposure to Wells Fargo BLAST (Business Lending and Sales Tracking) system
  • Exposure to Wells Fargo AFS (Automated Financial Systems) and LoanIQ
  • Exposure to Wells Fargo CreditView application
  • Exposure to nCino credit application

Job Expectations:

  • This position is not eligible for Visa sponsorship
  • This position offers a hybrid work schedule
  • Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired
  • Information will be shared about expectations during the recruitment process
  • Ability to travel up to 10% of the time

Pay Range:

  • Minneapolis, MN Pay Range: $85,000-$133,000 USD Annual
  • San Francisco, California Pay Range: $92,000 - $145,000 USD Annual
  • Denver, Colorado Pay Range: $85,000-$133,000 USD Annual

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.

Minnesota Jobs
Vacancy posted 19 hours ago
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