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Wells Fargo

Lead Commercial Loan Closing Specialist, Asset Based Lending Deal Closer

Posted 19 Hours Ago
Be an Early Applicant
Hybrid
2 Locations
Senior level
Hybrid
2 Locations
Senior level
The Lead Commercial Loan Closing Specialist coordinates complex commercial loan closings, ensures compliance, prepares documents, and provides guidance while interacting with customers and internal teams.
The summary above was generated by AI
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do.
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 Lead Commercial Loan Closing Specialist in
Capital Finance as a part of Wholesale Lending Operations Division. Learn more about our career areas and lines of business at wellsfargojobs.com.
In this role, you will:
  • Complete pre-close and post-close documents for the most complex commercial loans
  • Coordinate loan closings, perform customer, loan and regulatory diligence and on-going portfolio maintenance
  • Evaluate and upload data into the systems of record
  • Research complex business and operational decisions
  • Review and prepare loan related documents
  • Ensure compliance with all policies, procedures and regulatory requirements
  • Provide guidance and training to peers and may have limited supervisory responsibilities
  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
  • Interact with internal and external customers
  • Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
Required Qualifications:
  • 5+ 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:
  • Degree in Finance, Business, Economics or Law preferred.
  • Paralegal and/or finance experience
  • Experience with Asset Based Lending.
  • Excellent verbal, written, and interpersonal communication skills
  • Knowledge of Deposit Account Control Agreements (DACAs) and cash management systems.
  • Profi cient 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:
  • 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.
  • This position offers a hybrid work schedule and will only consider the location listed
  • This position is not eligible for Visa sponsorship
  • This position is not eligible for relocation
  • Ability to be flexible with working hours
Primary Posting Locations:
  • 1525 W W T Harris Blvd, Charlotte, North Carolina 28262
Additional Posting Locations:
  • 5000 Riverside Rd, Irving, Texas 75039
#CommercialBanking
Posting End Date:
9 Aug 2025
*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. 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.
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 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.

Top Skills

MS Office

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