Full-Time

Commercial Loan Closing Representative

Posted on 4/23/2025

Deadline 4/30/25
Wells Fargo

Wells Fargo

10,001+ employees

Provides banking, mortgage, and investment services

No salary listed

Junior, Mid

Bengaluru, Karnataka, India

Category
Commercial Banking
Finance & Banking
Connection
Connection
Connection
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Requirements
  • 2+ 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 Commercial Loan Closing, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Responsibilities
  • Support pre-close documents for moderately complex to complex commercial loans
  • Seek ways to improve aspects of loan closing and process's
  • Perform moderately complex legal activities for loan documentation that may include Documents purchased from third party sources, internal staff and corporate legal groups
  • Review and prepare complex loan documents
  • Receive direction from supervisor and escalate non-routine questions
  • Review and negotiate complex legal documentation, evaluate risks, devise strategies to mitigate documentation risk and identify procedural modifications
  • Interact with immediate team and Commercial Loan Closing group as well as Interact with internal customers

Wells Fargo offers a variety of financial services, including banking, mortgages, investing, and credit solutions for individuals, small businesses, and commercial clients. The company operates mainly in the United States and serves millions of customers through its branches, ATMs, and online platforms. Its products generate revenue through interest on loans, fees for banking services, and commissions from investment products. Wells Fargo's goal is to assist clients in reaching their financial objectives by providing customized solutions like personal loans, credit cards, home mortgages, and investment advice. Additionally, the company focuses on financial education and security, offering resources to help customers manage their finances effectively.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Francisco, California

Founded

1851

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for revolving credit facilities boosts Wells Fargo's credit solutions market.
  • Strong investor demand for bonds benefits Wells Fargo's funding strategies.
  • Successful refinancing of commercial portfolios highlights growth in CMBS market.

What critics are saying

  • Increased competition in credit facilities may impact Wells Fargo's market share.
  • Potential overexposure to credit market increases financial risk for Wells Fargo.
  • Dependency on large clients for credit lines poses financial risk if clients default.

What makes Wells Fargo unique

  • Wells Fargo offers a wide range of tailored financial solutions.
  • The company emphasizes financial education and security for its clients.
  • Wells Fargo has a strong network of branches and digital platforms.

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Benefits

Health Insurance

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Parental Leave

Disability Insurance

Life Insurance

Tuition Reimbursement

Commuter Benefits

Adoption Assistance

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