Senior Commercial Loan Closing Specialist

Wells Fargo•St. Louis, MO

8d•$77,000 - $145,000•Hybrid

About The Position

Wells Fargo is hiring a Senior Commercial Loan Closing Specialist within Commercial Middle Market Banking. The role leads pre-close activities and coordinates closings for moderately complex to complex commercial loans. It evaluates and enters loan data into systems of record, supports compliant and accurate documentation, coordinates legal activities with internal staff and Corporate Legal, and works with Credit and Sales to align documentation with negotiated terms and compliance standards. The specialist reviews and negotiates complex legal documents, assesses and mitigates documentation risk, helps resolve client issues, monitors quality and performance metrics, and supports conformity with established team procedures. The role works collaboratively with peers, colleagues, managers, and internal customers, while exercising independent judgment under leadership direction. The position has a hybrid work schedule and may require travel up to 10% of the time. It is not eligible for visa sponsorship. Pay varies by location, with a stated overall base pay range of $77,000 to $145,000 annually; eligible employees may also have incentive opportunities.

Requirements

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

Nice To Haves

Experience with commercial loan documentation, preparation, and review.
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 and 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 CreditView application.
Exposure to nCino credit application.

Responsibilities

Lead pre-close activities for moderately complex to complex commercial loans and coordinate all aspects of loan closings.
Evaluate and upload data into systems of record to comply with bank policies, procedures, and regulatory requirements.
Document and coordinate legal activities for loan documentation, including documentation purchased from third-party sources, with internal staff and Corporate Legal.
Work with Credit, Sales, and Legal on proper procedures and documentation requirements to ensure accuracy with negotiated terms and compliance standards.
Review and negotiate complex legal documentation, evaluate risks, develop mitigation strategies, and identify procedural modifications.
Serve as an escalation point for resolving client issues.
Conduct quality reviews and monitor key performance metrics related to efficiency and effective processes.
Identify team activities 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 knowledge of the function, policies, procedures, and compliance requirements.