Wells Fargo · 2 days ago
Executive Director, Head of Credit Loan Closing
Charlotte, NC
Full-time
Hybrid
Mid, Senior Level
6+ years expWells Fargo is a leading financial services company, and they are seeking a highly experienced candidate to lead the Credit Loan Closing team. This role involves managing the settlement process of a portfolio of par and distressed trades on credit products, while driving automation initiatives and ensuring regulatory compliance.
BankingFinancial ServicesFinTechInsurancePayments
Responsibilities
Manage and develop teams of securities loan trading closer professionals to ensure commitments are met and align with strategic objectives
Effectively manage a portfolio of par and distressed trades on credit products including loans, bonds, reorganized equity, and claims
Successfully monitor the flow of trades from trade date to settle date including preparing, reviewing, and confirming required documentation within the guidelines of The Loan Syndications and Trading Association
Identify and recommend opportunities for managing a portfolio of par and distressed trades on credit products, including loans, bonds, reorganized equity, and claims
Work closely with Traders, Sales, and Strategy to identify and understand the specifics of the loans traded. Including: Confirm desk positions, monitor exposures of counterparty credit limits, and verify KYC/AML/Tax onboarding requirements for all customers
Create and maintain relationships with trading counterparts, external legal counsel, administrative agents, and many Wells Fargo support partners
Strengthen regulatory controls and process automation initiatives in high-volume credit environments
Qualification
Required
6+ years of securities loan trading closers experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
3+ years of management or leadership experience
Preferred
10+ years leading teams in syndicated loan operations and/or distressed credit
Proven success at managing large-scale credit servicing platforms
Experience in pre and post trade settlement processes and servicing CLO Portfolios and/or familiarity with Total Return Swaps on Loans
Expertise in regulatory reporting, team leadership, and delivery of scalable, risk-controlled processes
Proficiency in LoanIQ, ClearPar, SyndTrak, and other relevant systems
Candidate needs to be self-motivated and possess exceptional communication skills
Effective organizational, multi-tasking, and prioritizing skills
Excellent verbal, written, and interpersonal communication skills
Candidate needs to possess knowledge of the loan market specifically the settlement process including closing procedures and documentation
Candidate should possess and display strong customer focus and client service skills
Candidate needs to be organized, affable, and able to work in a collegial, team-oriented environment
Candidate must be able to multi-task and handle stressed situations
Strong leadership skills with a focus on team building and retention initiatives
Develop and guide a culture of talent development to meet business objectives and strategy
Company
Wells Fargo
Wells Fargo & Company is a financial services firm that provides banking, insurance, investments, and mortgage services.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-10-06IPO
Leadership Team
Charlie Scharf
CEO
Fernando Rivas
CEO of Corporate & Investment Banking
Recent News
2026-01-14
2026-01-13
2026-01-13
Company data provided by crunchbase