Commercial Loan Closing Representative

About this role:

Wells Fargo is seeking a Commercial Loan Closing Representative

In this role, you will:

• Support pre-close documents for moderately complex to complex commercial loans
• Seek ways to improve aspects of loan closing and process's
• Perform moderately complex legal activities for loan documentation that may include Documents purchased from third party sources, internal staff and corporate legal groups
• Review and prepare complex loan documents
• Receive direction from supervisor and escalate non-routine questions
• Review and negotiate complex legal documentation, evaluate risks, devise strategies to mitigate documentation risk and identify procedural modifications
• Interact with immediate team and Commercial Loan Closing group as well as Interact with internal customers
• Validate flood determinations using approved third-party vendors
• Conduct FDPA (Flood Disaster Protection Act) compliance reviews for both high-risk and low-risk transactions.
• Perform flood determination validation using internal systems or approved third-party vendors.
• Review credit agreements, loan documents, and collateral records to identify flood insurance requirements and compliance obligations.
• Evaluate flood insurance policies to ensure:
  • Adequate coverage amounts (loan balance, insurable value, NFIP limits)
  • Accuracy of borrower/lender details
  • Policy validity, effective dates, and renewals
• Differentiate and prioritize high-risk vs low-risk events, ensuring appropriate depth of review and escalation where required.
• Identify documentation gaps, policy deficiencies, and compliance exceptions, and track them to resolution.
• Maintain proper documentation and audit trails to support regulatory and internal audits.
• Ensure compliance with FDPA, FEMA, and NFIP guidelines, as well as internal risk and compliance policies.
• Coordinate closely with Deal Teams, Middle Office Operations, and other stakeholders to ensure timely completion of reviews, especially under tight timelines aligned with loan closing deadlines.
• Provide clear communication of findings, risks, and remediation steps to stakeholders.

Required Qualifications:

• 1+ year of Experience in commercial loan closing support, collateral management, flood operations, or insurance operations, or equivalent demonstrated through a combination of work experience, training, or education.
• Strong knowledge of FEMA flood zones and FDPA regulations
• Experience in credit/loan document review and insurance validation
• High attention to detail and analytical mindset
• Ability to manage multiple transactions under tight deadlines
• Strong stakeholder management and coordination skills
• Familiarity with flood determination tools and loan systems (preferred)

Job Expectations:

• Strong knowledge of FEMA flood zones and FDPA regulations
• Experience in credit/loan document review and insurance validation
• High attention to detail and analytical mindset
• Ability to manage multiple transactions under tight deadlines
• Strong stakeholder management and coordination skills
• Familiarity with flood determination tools and loan systems (preferred)
• NIGHT SHIFT – 5:30 PM TO 2:30 AM  

Posting End Date: 

*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.