Senior Commercial Loan Closing Specialist

Wells Fargo•Charlotte, NC
•$77,000 - $121,000•Hybrid

About The Position

Wells Fargo is seeking a Senior Commercial Loan Closing Specialist to support its Real Estate Banking (REB), REIT Finance Group (RFG), and Specialty Real Estate Finance (SREF) teams within the Commercial Real Estate group, part of Corporate Investment Banking Lending Operations (CIBLO). The role coordinates commercial real estate loan closings from pre-close through funding, working with loan teams, borrowers, outside counsel, and third-party partners to complete documentation and due diligence accurately, on time, and in accordance with closing requirements. The specialist leads pre-close activities for moderately complex to complex bilateral and syndicated commercial real estate loans, evaluates and uploads data into systems of record, coordinates due diligence and documentation, and reviews loan booking, money movement documents, and other closing materials for accuracy and compliance. The role handles a high volume of closings, resolves or escalates issues, and interacts with internal and external customers. Employees receive direction from leaders and exercise independent judgment while developing knowledge of the function, policies, procedures, and compliance requirements. The position is based at a posted location in Dallas, Texas or Charlotte, North Carolina and follows a hybrid schedule with work in the office. Candidates must be willing to work additional hours as needed. The position is not eligible for visa sponsorship. The listed base pay range is $77,000 to $121,000; employees may also be eligible for incentive opportunities.

Requirements

  • 4+ years of Commercial Loan Closing experience, or equivalent demonstrated through work experience, training, military experience, education.
  • Willingness to work additional hours as needed.
  • Ability to work in the office at a posted location under a hybrid schedule.

Nice To Haves

  • Commercial loan experience, preferably in commercial real estate, or equivalent experience.
  • Knowledge of commercial real estate loan documentation and closing processes.
  • Knowledge of syndicated commercial real estate lending.
  • Experience coordinating loan closings and related due diligence activities.
  • Experience reviewing loan documentation for accuracy, completeness, and alignment with established requirements.
  • Experience working with internal business partners, legal counsel, borrowers, and third-party vendors.
  • Ability to navigate multiple systems and applications and learn new technology.
  • Intermediate Microsoft Office skills, including Word, Excel, and Outlook.
  • Analytical skills with high attention to detail and accuracy.
  • Ability to manage multiple priorities and changing deadlines in a fast-paced environment.
  • Ability to work collaboratively across teams and organizational levels.
  • Effective verbal, written, and interpersonal communication skills.

Responsibilities

  • Lead pre-close activities for moderately complex to complex bilateral and syndicated commercial real estate loans, including client onboarding, flood and insurance due diligence, and background investigations.
  • Evaluate and facilitate accurate data uploads into systems of record in compliance with bank policies, procedures, and regulatory requirements.
  • Work with loan teams, borrowers, outside counsel, and third-party vendors to obtain due diligence items and documentation and ensure alignment with negotiated terms and compliance standards.
  • Coordinate with internal flood partners to satisfy Flood Disaster Protection Act requirements and internal procedures.
  • Manage a high volume of closings accurately and promptly, prioritizing work and adapting to changing deadlines.
  • Review and resolve closing-related issues, escalating matters as appropriate.
  • Perform quality reviews of loan booking and related money movement documentation for compliance with internal policies and regulatory requirements.
  • Review closing activities and documentation for conformity with established procedures.
  • Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.
  • Interact with internal and external customers throughout the loan closing process.
  • Exercise independent judgment while developing knowledge of the function, policies, procedures, and compliance requirements.
  • Follow applicable risk programs, Wells Fargo policies and procedures, and risk and compliance obligations; 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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