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Senior Commercial Loan Closing Specialist

Wells Fargo
United Statesfull_timeVerifiedPosted 3 Mar 2025
💰 $124,300/yr($63,600/yr$124,300/yr)

About the role

About this role:

Wells Fargo is seeking a Senior Commercial Loan Specialist as part of the Commercial Bank. Learn more about the career areas and business divisions at wellsfargojobs.com. 


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
  • 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


Required Qualifications:

  • 4+ 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:

  • Commercial loan documentation, preparation, or review experience
  • Intermediate Microsoft Office (Word, Excel, and Outlook) skills
  • Ability to navigate skills with high attention to detail and accuracy
  • Excellent verbal, written, and interpersonal communication skills
  • Effective organization, multi-tasking, and prioritizing skills
  • Ability to work in a fast-paced deadline driven environment
  • Ability to work effectively in a team environment and across all organizational levels, where flexibility collaboration and adaptability are important
  • Loan IQ and Loan Syndication experience


Job Expectations:

  • This position is not eligible for Visa sponsorship 
  • This position offers a hybrid work schedule 
  • 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 

Location: 

 

  • 10 S. Wacker Street - Chicago, Illinois 60606

  • 1700 Lincoln Street - Dever, Colorado 80203 

  • Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered. Relocation assistance is not available for this position.

 

U.S. only – Pay Range: 

 

Chicago – Illinois Pay Range: $69,900 - $124,300 USD annual (this range may not be applicable to other locations) 

Denver- Colorado Pay Range $63,600 - $113,000 USD annual (this range may not be applicable to other locations) 

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one c

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Company

Wells Fargo

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