Senior Commercial Loan Closing Specialist

Wells Fargo Bank•Tempe, CA

22h•Hybrid

About The Position

Wells Fargo is seeking a Senior Commercial Loan Closing Specialist as part of Commercial Middle Market Banking. This role involves leading a variety of pre-close activities for moderately complex to complex commercial loans, including coordinating all aspects of loan closings. The specialist will accurately evaluate and upload data into systems of record to ensure compliance with bank policies, procedures, and regulatory requirements. They will also document and coordinate legal activities for loan documentation, working with internal staff and the Corporate Legal group. Collaboration with Credit, Sales, and Legal is essential to ensure proper procedures and documentation align with negotiated terms and compliance standards. The role includes reviewing and negotiating complex legal documentation, evaluating risks, developing strategies to mitigate documentation risk, and identifying procedural modifications. The specialist will serve as an escalation point for client issues, conduct quality reviews, and monitor key performance metrics related to efficiencies and effective processes. They will identify team activities to ensure conformity with established procedures, collaborate with peers, colleagues, and managers to resolve issues, and interact with internal customers. The position receives direction from leaders and requires exercising independent judgment while developing knowledge of function, policies, procedures, and compliance requirements.

Requirements

4+ 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

Commercial loan documentation, preparation, or 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 CreditView application
Exposure to Loan IQ, nCino
Good verbal, written, and interpersonal communication skills

Responsibilities

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