Commercial Loan Closing Specialist

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. About this role: Wells Fargo is seeking a Commercial Loan Closing Specialist in Business Operations as part of Transactions & Processing division. Learn more about the career areas and lines of business at wellsfargojobs.com. The Commercial Loan Closing 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 the many investors in the deal. 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 Loan IQ Experience Desired Qualifications: Excellent knowledge of syndicated loans BA or BS Degree 2 years of banking related experience; with a specific focus in large corporate lending Commercial loan documentation, preparation, or review experience Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment Ability to navigate multiple computer systems, applications and utilize search tools to find information Exceptional verbal, written, and interpersonal communication skills Ability to work effectively, as well as independently, in a team environment Ability to work in a fast-paced deadline driven environment Excellent critical thinking and problem-solving skills, as well as the ability to embrace and adapt to change Effective organizational, multi-tasking, and prioritization skills Sound knowledge of Microsoft Office (Work, Excel, & Outlook) Job Expectations: Work schedule: Monday - Friday 8:30am - 5:30pm Ability to work additional hours as needed Primary Posting Location: 1525 W WT Harris Boulevard, Charlotte, North Carolina 28262-8522 Additional Posting Location: 7711 Plantation Road, Roanoke, Virginia 24019 Posting Locations: 1525 W WT Harris Boulevard, Charlotte, North Carolina 28262-8522 7711 Plantation Road, Roanoke, Virginia 24019 Posting End Date: 13 Feb 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-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements. Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. Applicants with Disabilities To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo. Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more. Wells Fargo Recruitment and Hiring Requirements: a. Third-Party recordings are prohibited unless authorized by Wells Fargo. b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo For questions on how to search and apply, visit our frequently asked questions.