Commercial Loan Closing Specialist

Wells Fargo • Charlotte, NC

3d • Hybrid

About The Position

Wells Fargo is seeking a Commercial Loan Closing Specialist as part of our Commercial Banking Operations Division. 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, and accurately evaluate and upload data into the systems of record. You will ensure compliance with all bank policies, procedures and regulatory requirements. You will also review and prepare complex loan documents and coordinate legal activities for loan documentation that may include documents purchased from third-party sources, with internal staff and the Corporate Legal group. You will serve as the primary liaison between Credit, Sales, and Legal departments, working collaboratively with these departments regarding proper procedures and documentation requirements necessary to ensure accuracy with negotiated terms and alignment with appropriate compliance standards. Additionally, you will review and negotiate complex legal documentation, evaluate risks, devise strategies to mitigate documentation risk, and identify procedural modifications. You will also provide guidance and training to peers and collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals. You will interact with internal customers and receive direction from leaders while exercising independent judgment and developing the knowledge to understand function, policies, procedures, and compliance requirements.

Requirements

• 2+ years of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

• 6+ months of experience with Siebel Originations and InfoLease System
• 6+ months of experience working with Lexis Nexis
• Knowledge and understanding of equipment finance and/or secured leasing finance experience
• Documentation creation and/or documentation review and funding experience
• Ability to develop and manage business relationships
• Excellent verbal, written, and interpersonal communication skills
• Ability to provide strong customer service while actively listening and responding in an appropriate manner
• Effective organizational, multi-tasking, and prioritizing skills
• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) 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
• Experience meeting high production and quality standards in a fast paced, development and production support environment

Responsibilities

• 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

Benefits

• Wells Fargo is an equal opportunity employer.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees