Commercial Loan Closing Specialist

2 - 6 years

7 - 17 Lacs

Posted:1 month ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

About this role:

Wells Fargo is seeking a Commercial Loan Closing Specialist.


In this role, you will:

  • Work pre-close documents for moderately complex to complex commercial loans
  • Coordinate all aspects of loan closings
  • Perform customer, loan and regulatory diligence
  • Accurately evaluate and upload data into the systems of record
  • Ensure compliance with all bank policies, procedures and regulatory requirements
  • Review and prepare complex loan documents
  • Coordinate legal activities for loan documentation that may include
  • Document purchased from third party sources, with internal staff and the Corporate Legal group
  • Serve as primary liaison between Credit, Sales, and Legal departments
  • Work collaboratively with Credit, Sales and Legal regarding proper procedures and documentation requirements necessary to ensure accuracy with negotiated terms and ensure alignment with appropriate compliance standards
  • Review and negotiate complex legal documentation, evaluate risks, devise strategies to mitigate documentation risk and identifying procedural modifications
  • Provide guidance and training to peers
  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
  • Interact with internal customers
  • Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements


Required Qualifications:

  • 2+ 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:

  • 2 years of Commercial Loan Closing experience.

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Wells Fargo logo
Wells Fargo

Banking and Financial Services

San Francisco

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