Commercial Loan Closing Specialist

About this role:

Wells Fargo is seeking a Senior Commercial Banking Portfolio Coordinator to support Commercial Banking Portfolio and Relationship Managers.

In this role, you will:

• Work pre-close documents for moderately complex to complex commercial loans

• Coordinate all aspects of loan closings

• Perform customer, loan and regulatory diligence

• Accurately evaluate and upload data into the systems of record

• Ensure compliance with all bank policies, procedures and regulatory requirements

• Review and prepare complex loan documents

• Coordinate legal activities for loan documentation that may include

• Document purchased from third party sources, with internal staff and the Corporate Legal group

• Serve as primary liaison between Credit, Sales, and Legal departments

• 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, devise strategies to mitigate documentation risk and identifying procedural modifications

• Provide guidance and training to peers

• 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

Required Qualifications:

• 2+ years of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Loan closing experience

• Commercial Banking experience

• Detail oriented

• Able to meet strict deadlines in a fast-paced environment

• Ability to work independently, in a team environment and with limited supervision

• Able to anticipate and adapt to rapidly changing, growth-oriented environment

• Strong verbal and written communication skills

• Outstanding problem solving and decision-making skills

• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills

• Proficient knowledge of business practices and processes

• Ability to negotiate with customers to obtain necessary documentation

Job Expectations:

• This position is not eligible for Visa sponsorship 

• This position offers a hybrid work schedule, 3 days in the office and 2 days remote

• 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 

• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards 

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

$60,000.00 - $100,000.00