Senior Commercial Loan Closing Specialist

About this role:

Wells Fargo is seeking a Senior Commercial Loan Closing Specialist within our Flood Operations Specialty team as a part of Commercial Banking Operations Division. Learn more about our 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:

• Understanding of FEMA Guidelines, NFIP, FDPA Requirements and Flood regulations, and/or Property and Casualty experience

• Experience working in CCM (Credit Bridge Collateral Management)

• Experience working complex commercial deals

• Experience identifying efficiency opportunities and gaps in team processes/procedures, including acting as a key participant in procedure writing strongly desired

• Ability to be an agent for change, including experience in the development of recommendations for changes and/or risk mitigation opportunities to reduce or eliminate policy exceptions

• Experience in partnering with multiple business lines

• Experience in report analysis and compilation

• Experience in managing complex pipelines

• Ability to navigate multiple computer systems, applications, and utilize search tools to find information

• Sound 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 effectively in a team environment and across all organizational levels; where flexibility, collaboration, and adaptability are important

Job Expectations:

• Ability to work a hybrid schedule

• Willingness to work on-site at stated location on the job opening

• This position is not eligible for Visa sponsorship

Posting Locations:

• 600 S 4th St, Minneapolis, MN 55415

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 component of the compensation package offered to candidates.

$85,000.00 - $133,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health bene