Senior 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 Senior Commercial Loan Closing Specialist in Capital Finance as part of Commercial Banking Operations Division. 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.
• Review and negotiate complex legal documentation, evaluate risks, develop strategies to mitigate documentation risk and identify procedural modifications.
• Facilitate the closing and funding of new loan transactions including participations and loan restructures.
• Serve as a liaison to business divisions, underwriters, prospective clients, insurance brokers, attorneys, banks, letter of credit contacts and cash management contacts.
• Organize legal documents, internal documents and post-closing items.
• Coordinate funding logistics for new financings, participations and complex restructures.
• Review cash management arrangements; modify cash management structures, including preparation and negotiation of cash management agreements and set-up of accounts.
• Collect, review and negotiate acceptable insurance certificates and endorsements.
• Facilitate the issuance of letters of credit.

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:

• Asset Based Lending experience
• Degree in Finance, Business, Economics or Law preferred
• Paralegal and/or finance experience
• Excellent verbal, written, and interpersonal communication skills
• Knowledge of Deposit Account Control Agreements (DACAs) and cash management systems
• Proficient in reading and understanding complex loan documentation
• Commercial Insurance knowledge
• Ability to work effectively, as well as independently, in a team environment
• Ability to work in a fast-paced deadline driven environment
• Effective organizational, multi-tasking, and prioritization skills
• Sound knowledge of Microsoft Office (Word, Excel, & Outlook) 

Job Expectations:

• Ability to work at one of our approved job posting locations
• Ability to work a hybrid schedule, at least 3 days a week working in office

Posting Locations:

• ​ 1525 W W T Harris Blvd, Charlotte, NC 28262

#Commercialbanking

Posting End Date:

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

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.