Senior Commercial Loan Closing Specialist

Wells Fargo & Company•Minneapolis, MN

3d•Remote

About The Position

Wells Fargo is seeking a Senior Commercial Loan Closing Specialist to support the Financial Institutions & Banks (FIG) Middle Office team in the Corporate Investment Banking Lending Operations (CIBLO) organization at Wells Fargo. The FIG team supports Insurance, Asset Managers, Market Structure and U.S. and International Banks lines of business within Corporate Investment Banking. The FIG closing team partners with the Portfolio Management and Credit Execution teams to book and fund the credit exposure approved for their clients on system of record. In this role, you will lead a variety of pre-close activities for moderately complex to complex commercial loans, including coordinating all aspects of loan closings. You will accurately evaluate and upload data into the systems of record to ensure compliance with all bank policies, procedures and regulatory requirements. You will 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. You will 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. You will review and negotiate complex legal documentation, evaluate risks, develop strategies to mitigate documentation risk and identify procedural modifications. You will 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. You will identify activities of the team to ensure conformity with established procedures and collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals. You will interact with internal customers and receive direction from leaders while exercising independent judgment and developing the knowledge to understand 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
Knowledge of lending systems, primarily nCino and LIQ.
Knowledge of corporate banking booking and funding processes.
Understanding of corporate loan structures and navigation of credit documents, specifically outside counsel prepared credit, guarantee, and security agreements.
Ability to working in a fast-paced and results-driven environment.
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
Strong attention to detail and ability to compete high quality work product.
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.
Strong written and verbal communication skills.

Nice To Haves

Direct booking and funding experience in LIQ.

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