About this role:
Wells Fargo is seeking a 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:
- 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
- Review highly complex loan documentation
- Onboard new Capital Finance Asset Based Lending (ABL) clients on the LUCAS loan system and process loan modifications for existing ABL clients
- Process access requests in the Wells Fargo CEO portal
- Interact with cross-functional teams including our underwriting, portfolio, legal (in-house and external), collateral analysts, deal closing, letters of credit, tax reporting, operational risk, and loan servicing teams.
- Assist in efforts to create, update, and/or certify team procedures, job aids, and user guides.
- Participate in UAT and BCP testing events.
- Become subject matter expert on all lines of business and provide guidance to other team members.
- Support reduction of outstanding regulatory deliverables by executing against milestones and continue to strengthen risk and control infrastructure.
- Complete monthly metrics reporting.
- Identify themes and trends in metrics to improve team accuracy and identify subjects for refresher training.
- Partner with upstream and downstream stakeholders to ensure requests are completed timely and accurately.
- Assist with operational adjustment research and reporting, including identification of prevention measures.
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:
- Asset Based Lending experience.
- Paralegal and/or finance experience.
- Strong understanding of LUCAS (Loan Underwriting Collateral Analysis System) and CLIC (Client Loan Information Criteria) application.
- Excellent verbal, written, and interpersonal communication skills.
- Proficient in reading and understanding complex loan documentation.
- 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:
- Availability to work weekends to test system releases several times a year.
Posting End Date:
29 Apr 2026*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.
