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Lead Commercial Loan Closing Representative

Wells Fargo

Wells Fargo

Multiple locations
Posted on Dec 22, 2024

About this role:

Wells Fargo is seeking Lead Commercial Loan Closing Representatives as part of the Equipment Finance Deal Closing Team within Commercial Banking Operations. This team onboards customers for Key Vendor partners by obtaining contract packages from the sales team. This includes validating onboarding information entered into the system of record, verifying payment information, and issuing the wires to the Vendor Partner.

As a Lead Representative, you will perform the same duties while assisting the time in meeting SLAs and key impact items. Learn more about our career areas and lines of business at wellsfargojobs.com.


In this role, you will:

  • Support performance and overall effectiveness of team, as well as cross-group pre-close and post-close documents for the most complex commercial real estate loans

  • Provide feedback and present ideas for improving or implementing processes and tools within Commercial Loan Closing

  • Perform or guide others on complex business and operational decisions that require planning, evaluation, and interpretation

  • Review and prepare loan related documents

  • Independently prioritize work and provide day-to-day-work leadership and mentorship to Commercial Loan Closing team

  • Lead or contribute to implementation of new or revised processes and procedures that require coordination among various work groups

  • Provide guidance and subject matter expertise to peers, colleagues and managers on the functions, policies, procedures and compliance requirements


Required Qualifications:

  • 6+ 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 Leadership experience

  • Knowledge and understanding of the Siebel Originations System

  • Familiarity with Documentation creation and/or documentation review and funding experience

  • Ability to interpret and understand of basic loan documents i.e., credit agreements, credit approval documents, security

  • Ability to interpret and understand legal documents including loan, insurance, and credit documents

  • Knowledge of key credit terms, such as interest rates, disbursements, loan limits, fees, etc.

  • Excellent verbal, written, and interpersonal communication skills

  • Ability to consult and maintain cross department relationships

  • Strong organizational, multi-tasking, and prioritizing skills

  • High attention to detail and accuracy

  • Advanced Microsoft Office skills


Job Expectations:

  • Ability to work a hybrid schedule

  • Willingness to work on-site at stated location on the job opening

  • This position is not eligible for Visa sponsorship

Posting Location:

  • Charlotte, North Carolina

  • Minneapolis, Minnesota

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$20.29 - $30.48

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

Posting End Date:

2 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.

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.