Senior Commercial Loan Closing Specialist

Wells Fargo Bank • Minneapolis, MN

14h • Hybrid

About The Position

Wells Fargo is seeking a Senior Commercial Loan Closing Specialist at Wells Fargo as part of Commercial Middle Market Banking at Wells Fargo. 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. You will collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals, 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

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 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 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

Benefits

• This position is not eligible for Visa sponsorship
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed