Commercial Loan Closing Specialist
$66k - $100kWells Fargo
Commercial Loan Closing Specialist
Wells Fargo is seeking a Commercial Loan Closing Specialist within Specialized Industries - Commercial Banking. Learn more about career areas and lines of business at wellsfargojobs.com.
In this role, you will:
- Lead post-close servicing and portfolio management activities for moderately complex to complex commercial loans, ensuring accuracy, timeliness, and compliance with regulatory requirements, policies, and service-level expectations.
- Analyze, validate, and maintain loan, collateral, covenant, and customer data within systems of record to support operational accuracy and risk management.
- Partner with Credit, Sales, Operations, Legal, and other stakeholders to ensure documentation, negotiated terms, and servicing activities align with business and compliance requirements.
- Identify, assess, and escalate credit, operational, servicing, and documentation risks; recommend solutions and drive resolution of complex issues.
- Serve as a key escalation point, delivering clear communication and executing effective problem resolution to support client and business needs.
- Monitor quality and performance metrics, identify process improvement opportunities, and contribute to operational efficiency and control enhancements.
- Exercise sound judgment and independent decision-making while adhering to governance standards, risk management principles, and established procedures.
- Champion consistent execution of the Portfolio Execution operating model, supporting the adoption of new processes, tools, and best practices.
- Collaborate effectively across teams to achieve business objectives, drive accountability, and deliver high-quality results.
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:
- Experience with commercial loan documentation, closing, servicing, or portfolio management activities.
- Knowledge of commercial lending products, loan documentation, credit structures, and related servicing processes.
- Strong analytical, organizational, and problem-solving skills with exceptional attention to detail and accuracy.
- Ability to manage multiple priorities, meet deadlines, and perform effectively in a fast-paced environment.
- Excellent verbal, written, and interpersonal communication skills, with the ability to collaborate across all organizational levels.
- Proficiency with Microsoft Office applications, including Word, Excel, and Outlook.
- Ability to navigate multiple systems, applications, and research tools to analyze information and resolve issues.
- Demonstrated ability to work independently while contributing effectively within a collaborative team environment.
- Experience or familiarity with Wells Fargo servicing and credit platforms, including AFS, LoanIQ, and nCino.
Job Expectations
- This position offers a hybrid work schedule.
- Current requirements are 3 days in-office.
- Willingness to work on-site at stated location on the job opening.
- This position is not eligible for Visa sponsorship.
- 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.
Job Locations
- COLORADO – Denver, CO 1700 Lincoln St
- ARIZONA - Chandler, AZ 2700 S Price Rd
- CALIFORNIA - San Francisco, CA 333 Market St
- UTAH - Salt Lake City, UT 299 S Main St
- MINNESOTA - Minneapolis, MN 600 S 4th St
- TEXAS - Irving TX 401 Las Colinas Blvd W Bldg B
- NORTH CAROLINA - Charlotte, NC 1525 W W T Harris Blvd
- NORTH CAROLINA - Charlotte, NC 550 S Tryon St
- MISSOURI - Saint Louis, MO 114 N Beaumont St, D Bldg
- ARIZONA -Tempe, AZ 1150 W Washington St
- IOWA - West Des Moines, IA 800 S Jordan Creek Pkwy
Additional Information: Denver, CO Pay Range: $66,000 - $100,000 USD Annual (this range may not be applicable to other locations)
Minneapolis, MN Pay Range: $66,000 - $100,000 USD Annual (this range may not be applicable to other locations)
San Francisco, CA Pay Range: $72,000 - $109,000 USD Annual (this range may not be applicable to other locations)
$60,000.00 - $109,000.00
Benefits
- 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
$125k - $200k
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