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.
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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: 9 Jan 2025 *Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
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.