Senior Commercial Loan Closing Specialist
$92k - $145kFull-time
Wells Fargo Bank
About this role: Wells Fargo is seeking a Senior Commercial Loan Closing Specialist at Wells Fargo as part of Commercial Middle Market Banking at Wells Fargo. Learn more about the career areas and lines of business at wellsfargojobs.com.
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, and 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:
- San Francisco, CA Pay Range: $92,000-$145,000 USD Annual
- Denver, Colorado and Minneapolis, MN Pay Range: $85,000-$133,000 USD Annual
- All other locations, pay ranges are $77,000-$121,000 USD Annual
- 2700 S Price Rd, A Building, Chandler, AZ
- 1150 W Washington St., Tempe, AZ
- 333 Market St., San Francisco, CA
- 800 S Jordan Creek Pkwy, West Des Moines, IA
- 600 S 4th St., Minneapolis, MN
- 114 N Beaumont St., D Building, St. Louis, MO
- 1525 W W T Harris Blvd, Charlotte, NC
- 550 S Tryon St., Charlotte, NC
- 401 Las Colinas Blvd W, Building B, Irving, TX
- 299 S Main St., Salt Lake City, UT
- 1700 Lincoln St. Denver, CO
- 877 W Main St., Boise, ID
- 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
Vacancy posted 1 day ago
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