Lead Commercial Loan Closing Specialist jobs in United States
cer-icon
Apply on Employer Site
company-logo

Wells Fargo · 3 hours ago

Lead Commercial Loan Closing Specialist

Wells Fargo is a leading financial services company seeking a Vice President Lead Commercial Mortgage Loan Administration Specialist within the Commercial Mortgage Loan & Securities Finance team. The role involves reviewing and closing transactions secured by commercial real estate loans, ensuring compliance with regulations, and facilitating fundings and disbursements.

BankingFinancial ServicesFinTechInsurancePayments

Responsibilities

Review, document and close Repurchase Facility (REPO) transactions secured by commercial real estate loans
Ensure receipt of collateral documents; coordinate transaction closings and disbursements; ensure all files and procedures are in compliance with government regulations and Bank policies; and conduct periodic file audits
Facilitate transaction fundings, disbursements and payoffs, monthly interest and principal settlements, establishment of custodial and DDA accounts, and maintenance of related files
Enter facility bookings into the system of record
Lead a variety of pre-close activities for moderately complex to complex commercial mortgage 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
Assist with coordination of loan documentation that may also include documentation purchased from third party sources with internal staff and the Corporate Legal group
Evaluate and mitigate risks and develop procedural modifications
Serve as an escalation point in the resolution of internal and external client issues
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
Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Qualification

Commercial Loan ClosingCommercial Real Estate LoansLoan Booking SystemsProject ManagementOrganizational SkillsMS Office SkillsInterpersonal CommunicationAttention to DetailTeam CollaborationTime Management

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

Preferred

Candidate must be able to work in a fast-paced environment
Strong organizational and time management skills with ability to multi-task and work in a deadline driven environment are essential
Ability to work extra hours when necessary to service client needs
Experience with the preparation, review and/or administration of commercial real estate loans or other comparable assets
Excellent verbal, written and interpersonal communications skills
Project management experience preferred
Strong attention to detail and accuracy
Ability to work effectively in a team environment
Strong computer skills including MS Office, Outlook, Word and Excel
Experience with loan booking systems (such as nCino and LIQ) preferred

Company

Wells Fargo

company-logo
Wells Fargo & Company is a financial services firm that provides banking, insurance, investments, and mortgage services.

Funding

Current Stage
Public Company
Total Funding
unknown
1978-10-06IPO

Leadership Team

leader-logo
Charlie Scharf
CEO
leader-logo
Fernando Rivas
CEO of Corporate & Investment Banking
linkedin
Company data provided by crunchbase