Apply on Employer Site

Wells Fargo · 18 hours ago

Lead Commercial Loan Closing Specialist

Minneapolis, MN

Full-time

Hybrid

Senior Level

$87K/yr - $154K/yr

5+ years exp

Wells Fargo is seeking a Lead Commercial Loan Closing Specialist in Agency Servicing as part of the Commercial Banking Operations Division. The role involves completing complex commercial real estate loan documents, coordinating loan closings, ensuring compliance with regulations, and providing guidance to peers.

BankingFinancial ServicesFinTechInsurancePayments

No H1B

Responsibilities

Complete pre-close and post-close documents for the most complex commercial real estate loans

Coordinate loan closings, perform customer, loan and regulatory diligence and on-going portfolio maintenance

Evaluate and upload data into the systems of record

Research complex business and operational decisions

Review and prepare loan related documents

Ensure compliance with all policies, procedures and regulatory requirements

Provide guidance and training to peers and may have limited supervisory responsibilities

Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Interact with internal and external customers

Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Qualification

Commercial Loan ClosingLoan IQSyndicated LoansCredit AgreementsCommercial Loan DocumentationReport AnalysisAnalytical SkillsCommunication SkillsOrganizational SkillsTeam Collaboration

Required

5+ years of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Experience in Loan IQ (LIQ) - Boarding and funding syndicated and/or large complex commercial loan transactions

Preferred

Extensive knowledge of Syndicated Loans

Ability to interpret Complex Syndicated Credit Agreements

Proficient in Commercial Loan Documentation review

Experience in handling customer and business partner escalations

Experience in managing complex pipelines

Experience being a Subject Matter Expert (SME) representing Commercial Loan Operations on projects

Experience in report analysis and compilation

Sound analytical skills with high attention to detail and accuracy

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

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