Senior Commercial Loan Closing Specialist

About this role:

Wells Fargo is seeking a Senior 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.

The Senior Specialist will maintain their own portfolio of loans and be expected to perform well in a high-risk environment. Learn more about our career areas and lines of business 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:

• 4+ years of Loan IQ and Loan Syndication experience

• Proficient in reading and understanding complex 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 Location:

• Charlotte, North Carolina

• Roanoke, Virginia

Posting End Date: 

16 Jan 2025

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance