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Senior Lead Commercial Loan Closing Specialist, Asset Based Lending - Deal Closing

$119k - $224k

Wells Fargo Bank

About this role:Wells Fargo is seeking a Senior Lead Commercial Loan Closing Specialist for the Capital Finance Lending Fulfillment Line of Business. The Senior Lead within Capital Finance Operations will serve as a strategic leader supporting Loan Closing, Central ABL Portfolio Support (Onboarding and Modifications), and Deposit Account Control Agreement (DACA) operations. This role is responsible for driving cross-functional initiatives, aligning operational execution with organizational priorities, and ensuring consistent support across multiple business functions within Capital Finance Operations.In this highly visible position, the Senior Lead will partner with senior leaders and key stakeholders to execute strategic priorities, influence operational outcomes, and identify opportunities to enhance processes, controls, and client experience. The role requires strong business acumen, the ability to navigate complex operational challenges, and a focus on delivering sustainable solutions that support business growth and risk management objectives.The Senior Lead will also provide subject matter expertise for Lending Fulfillment operations, leading efforts to resolve complex issues, manage escalations, and respond to high-priority executive and business inquiries. Additionally, the role will play a critical part in developing operational capability through training, knowledge transfer, and guidance to support evolving business needs, regulatory requirements, and organizational change.This position requires exceptional relationship management, strategic thinking, and the ability to influence outcomes across a broad stakeholder network while driving excellence in operational execution.Learn more about the career areas and business divisions at wellsfargojobs.com.In this role, you will:Review highly complex loan documentationAdvise on complex onboarding of new and loan modifications for Capital Finance Asset Based Lending (ABL) clients on the LUCAS loan systemAdvise on access request issues in the Wells Fargo CEO portalInteract with cross-functional leaders including underwriting, portfolio, legal (in-house and external), collateral analysts, deal closing, letters of credit, tax reporting, operational risk, and loan servicing teamsAssist in efforts to create, update, and/or certify team procedures, job aids, and user guidesParticipate in UAT and BCP testing eventsBecome subject matter expert on all lines of business and provide guidance to other team membersSupport reduction of outstanding regulatory deliverables by executing against milestones and continue to strengthen risk and control infrastructureComplete monthly metrics reportingIdentify themes and trends in metrics to improve team accuracy and identify subjects for refresher trainingPartner with upstream and downstream stakeholders to ensure requests are completed timely and accuratelyAssist with operational adjustment research and reporting, including identification of prevention measuresRequired Qualifications:7+ years of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:Asset Based Lending experienceDegree in Finance, Business, Economics or Law preferredParalegal and/or finance experience Strong understanding of LUCAS (Loan Underwriting Collateral Analysis System) and CLIC (Client Loan Information Criteria) application or similar systemsProficient in reading and understanding complex loan documentation and/or credit agreementsDeep understanding of ABL cash management and Deposit Account Control AgreementsProject Management experienceDemonstrated organizational and prioritization skills, with the ability to manage multiple and competing prioritiesDemonstrated leadership skills including relationship building, partnering and collaboration skills with clear ability to influence, gain buy-in and negotiate with a diverse group of key business partners/stakeholders including senior leadersStrong analytical skills with keen attention to detail with ability to draw conclusions and translate findingsProven experience working in Agile project environmentExperience with AI applications and implementationAbility to work effectively, as well as independently, in a team environmentExcellent communication skills, both written and verbal, to articulate complex concepts in a clear mannerAdvanced Proficiency in Microsoft 365, especially Word, Excel and OutlookJob Expectations:This position will work standard business hours, Monday through Friday, 8:00am - 5:00pmThis position will work a hybrid schedule – 3 days in office, 2 remoteThis position may be located at one of the posted locations listed below and relocation benefits are not available for this roleVisa sponsorship is not available for this positionLocations: 1525 W WT Harris Blvd Charlotte, NC401 Las Colinas Blvd Irving, TX 1800 Century Park E, Los Angeles, CA Pay RangeReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities. $119,000.00 - $224,000.00Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.Health benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursementPosting End Date:29 Sep 2026*Job posting may come down early due to volume of applicants.We Value Equal OpportunityWells 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 unit’s risk appetite and all risk and compliance program requirements.Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.Drug and Alcohol PolicyWells 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.SummaryLocation: IRVING, TX; LOS ANGELES, CA; CHARLOTTE, NCType: Full time

Vacancy posted 5 hours ago
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