Diversified Industries Middle Office Credit Execution Specialist

Wells Fargo•Minneapolis, MN
•$60,000 - $100,000•Hybrid

About The Position

Wells Fargo is seeking a Credit Execution Specialist to support the Diversified Industries (DI) Credit Execution team within Corporate & Investment Banking Lending Operations. The team supports the Healthcare, Emerging Healthcare Technology, Industrials, Technology, Media & Telecom, Consumer & Retail, and Global Canada lines of business. It partners with Portfolio Managers to document approved credit exposure in the system of origin and submit required documentation so the exposure can be booked to the system of record. The role has a hybrid schedule and requires working in the office at least three days per week at a posted location. The specialist supports credit deal teams with loan package initiation, document review, and pre-closing and closing tasks for direct and operating exposure. The role coordinates booking and closing activities, verifies data in systems of record, and applies bank policies, procedures, and compliance requirements. The position involves collaboration with peers, colleagues, managers, and deal partners to resolve issues and deliver accurate, timely credit execution.

Requirements

  • At least 2 years of Business Relationship Support experience, or equivalent demonstrated through work experience, training, military experience, and/or education.
  • Ability to make timely, independent judgment decisions in a fast-paced, results-driven environment.
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
  • Attention to detail and ability to complete high-quality work products.
  • Ability to work effectively in a team and across organizational levels, with flexibility, collaboration, and adaptability.
  • Outstanding problem-solving and decision-making skills.
  • Advanced Microsoft Office skills, including Word, Excel, Outlook, and PowerPoint.
  • Ability to work additional hours as needed.
  • Ability to work at least three days in the office at a posted location.

Nice To Haves

  • Knowledge of credit systems such as nCino, Salesforce, LIQ, TRE, CoRS, WCIS, ICMP, ART, RCS, and WBRS.
  • Knowledge of corporate banking booking and closing processes.
  • Understanding of credit underwriting and customer due diligence processes.
  • Understanding of corporate loan structures and document navigation, particularly outside counsel-prepared credit documents.
  • Experience applying compliance and regulatory requirements, including Reg U, Reg W, Volcker, QFC, CRR, and Flood.

Responsibilities

  • Provide credit deal team support, including accurate initiation of loan packages, review of loan documentation, and pre-closing and closing tasks for direct and operating exposure.
  • Coordinate loan booking and closing activities to support consistent, timely, and accurate credit delivery to clients.
  • Develop expertise in bank policies, procedures, and compliance requirements, and ensure adherence.
  • Evaluate and ensure the accuracy of new and existing data in systems of record.
  • Partner with managers to resolve issues and provide implementation status updates.
  • Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.
  • Exercise independent judgment while developing knowledge of the function, policies, procedures, and compliance requirements.
  • Follow applicable risk programs and Wells Fargo policies and procedures, fulfill risk and compliance obligations, and escalate and remediate issues as appropriate.

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
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