Senior Commercial Loan Closing Specialist

Wells Fargo & CompanySalt Lake City, UT
2d$77,000 - $145,000Hybrid

About The Position

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 post-close activities for moderately complex to complex commercial loans, including direct customer contact, execute servicing and portfolio‑related tasks transitioned from credit, service, and sales partners with accuracy, timeliness, and strict adherence to policies, procedures, regulatory expectations, and performance key performance indicators. Accurately evaluate and upload data into the systems of record to ensure compliance with all bank policies, procedures, and regulatory requirements Interact with internal customers collaboratively including Credit, Sales, Back Office and Legal regarding proper procedures and documentation requirements necessary to ensure accuracy with negotiated terms and ensure alignment with appropriate compliance standards Identify, assess, and promptly escalate credit, servicing, operational, and documentation‑related risks, including those arising from complex legal agreements; evaluate risk impacts, develop mitigation strategies, and recommend procedural enhancements to ensure appropriate visibility, compliance, and resolution. Deliver clear, timely, and effective communication using appropriate tools to drive alignment and support urgent servicing needs and serve as escalation point for the resolution of issues. Conduct quality reviews and monitor key performance metrics as related to efficiencies and effective processes Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements Champion standardized execution of the Portfolio Execution operating model within Credit Servicing, ensuring alignment with governance, documented procedures, Wells Fargo risk philosophies, and rapid adoption of new tools and processes. Collaborate and consult effectively with peers, colleagues, managers, and partners to resolve issues, achieve goals, and support team objectives, while demonstrating accountability, adaptability, and a positive, solutions‑oriented mindset that contributes to consistently high‑quality execution within established service-level timeframes.

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 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

Responsibilities

  • Lead a variety of post-close activities for moderately complex to complex commercial loans, including direct customer contact, execute servicing and portfolio‑related tasks transitioned from credit, service, and sales partners with accuracy, timeliness, and strict adherence to policies, procedures, regulatory expectations, and performance key performance indicators.
  • Accurately evaluate and upload data into the systems of record to ensure compliance with all bank policies, procedures, and regulatory requirements
  • Interact with internal customers collaboratively including Credit, Sales, Back Office and Legal regarding proper procedures and documentation requirements necessary to ensure accuracy with negotiated terms and ensure alignment with appropriate compliance standards
  • Identify, assess, and promptly escalate credit, servicing, operational, and documentation‑related risks, including those arising from complex legal agreements; evaluate risk impacts, develop mitigation strategies, and recommend procedural enhancements to ensure appropriate visibility, compliance, and resolution.
  • Deliver clear, timely, and effective communication using appropriate tools to drive alignment and support urgent servicing needs and serve as escalation point for the resolution of issues.
  • Conduct quality reviews and monitor key performance metrics as related to efficiencies and effective processes
  • Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
  • Champion standardized execution of the Portfolio Execution operating model within Credit Servicing, ensuring alignment with governance, documented procedures, Wells Fargo risk philosophies, and rapid adoption of new tools and processes.
  • Collaborate and consult effectively with peers, colleagues, managers, and partners to resolve issues, achieve goals, and support team objectives, while demonstrating accountability, adaptability, and a positive, solutions‑oriented mindset that contributes to consistently high‑quality execution within established service-level timeframes.

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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What This Job Offers

Job Type

Full-time

Career Level

Senior

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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