Senior Commercial Loan Closing Specialist

Wells Fargo•Salt Lake City, UT

8d•$77,000 - $145,000•Hybrid

About The Position

Wells Fargo is hiring a Senior Commercial Loan Closing Specialist in Commercial Middle Market Banking. The role leads post-close activities for moderately complex to complex commercial loans, including direct customer contact and servicing and portfolio-related work transitioned from credit, service, and sales partners. Work must be accurate, timely, and consistent with bank policies, procedures, regulatory expectations, and performance metrics. The specialist evaluates and uploads information into systems of record, coordinates with internal partners on procedures and documentation, identifies and escalates risks, communicates to resolve issues, and conducts quality reviews. The role also supports standardized execution of the Portfolio Execution operating model within Credit Servicing and collaborates with peers, managers, and partners to meet goals and service-level timeframes. The position offers a hybrid work schedule and may require travel up to 10% of the time. It is not eligible for visa sponsorship.

Requirements

At least 4 years of Commercial Loan Closing experience, or equivalent demonstrated through work experience, training, military experience, education.

Nice To Haves

Commercial loan documentation, preparation, or review experience.
Intermediate Microsoft Office skills, including Word, Excel, and Outlook.
Ability to navigate multiple computer systems and applications and use search tools to find information.
Strong analytical skills with high attention to detail and accuracy.
Excellent verbal, written, and interpersonal communication skills.
Effective organizational, multitasking, and prioritization skills.
Ability to work in a fast-paced, deadline-driven environment.
Ability to work effectively in a team and across organizational levels, with flexibility, collaboration, and adaptability.
Exposure to Wells Fargo BLAST (Business Lending and Sales Tracking).
Exposure to Wells Fargo AFS (Automated Financial Systems) and LoanIQ.
Exposure to Wells Fargo nCino.

Responsibilities

Lead 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 accurately, promptly, and in accordance with policies, procedures, regulatory expectations, and performance indicators.
Evaluate and upload data into systems of record to ensure compliance with bank policies, procedures, and regulatory requirements.
Collaborate with Credit, Sales, Back Office, and Legal on procedures and documentation requirements to ensure accuracy with negotiated terms and compliance standards.
Identify, assess, and promptly escalate credit, servicing, operational, and documentation-related risks, including risks arising from complex legal agreements.
Evaluate risk impacts, develop mitigation strategies, and recommend procedural enhancements.
Communicate clearly and promptly using appropriate tools to drive alignment, support urgent servicing needs, and resolve escalated issues.
Conduct quality reviews and monitor key performance metrics related to efficiency and effective processes.
Exercise independent judgment while developing knowledge of the function, policies, procedures, and compliance requirements.
Champion standardized execution of the Portfolio Execution operating model within Credit Servicing, aligned with governance, documented procedures, Wells Fargo risk philosophies, and adoption of new tools and processes.
Collaborate with peers, colleagues, managers, and partners to resolve issues, achieve goals, and support team objectives within established service-level timeframes.