Commercial Loan Closing Specialist

About this role:

Wells Fargo is seeking a Commercial Loan Servicing Specialist as part of Agency Services division within Commercial Banking Operations. This team services commercial real estate loans by providing account maintenance, funding modifications, and reviewing/preparing closing documents including in-depth review of collateral, legal agreements, and credit approvals to ensure company requirements are met. Learn more about the career areas and lines of business at wellsfargojobs.com.

The Specialist is responsible for supporting syndicated lending activities by managing and coordinating the closing activities of new and amended Credit Facilities. Interaction will include many different originating business units within Wells Fargo, external legal counsel, the borrower, and investors.

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, including training

• 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:

• 2+ years of Loan IQ and Loan Syndication experience

• Proficient in reading and understanding complex corporate lending loan documentation

• Ability to demonstrate interpersonal, organizational, and effective leadership skills

• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

• Ability to interact with all levels of an organization, including management

• Excellent critical thinking and problem-solving skills, as well as the ability to embrace and adapt to change

• Effective analytical skills including ability to analyze metrics

• Exceptional verbal, written, and interpersonal communication skills

• Advanced Microsoft Office Suite skills (Word, Excel, Outlook)

Job Expectations:

• Ability to work additional hours and different shifts as needed

• Must be able to work at location listed on posting

• This position is not eligible for Visa Sponsorship

Posting Locations:

• Charlotte, North Carolina

• Roanoke, Virginia

• Chandler, Arizona

• Minneapolis, Minnesota

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.

$43,300.00 - $85,500.00

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 of