Wells Fargo & Company

Commercial Loan Closing Specialist


PayCompetitive
LocationRoanoke/Virginia
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: R-466578

      Why Wells Fargo

      Are you looking for more? Find it here. At Wells Fargo, we're more than a financial services leader – we’re a global trailblazer committed to driving innovation, empowering communities, and helping our customers succeed.

      We believe that a meaningful career is much more than just a job – it’s about finding all of the elements to help you thrive, in one place.

      Living the Well Life means you’re supported in life, not just work. It means having robust benefits, competitive compensation, and programs designed to help you find work-life balance and well-being. You’ll be rewarded for investing in your community, celebrated for being your authentic self, and empowered to grow. Join us!

      About this role:

      Wells Fargo is seeking a Commercial Loan Closing Specialist in Loan Support as a part of Commercial Banking Operations division. Learn more about the career areas and lines of business at wellsfargojobs.com. This position is responsible for activities related to servicing of commercial loan transactions according to bank policies, procedures, and regulatory requirements.


      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:

      • Familiarity with LoanIQ processing
      • Knowledge of debits and credits
      • Knowledge of loan documentation
      • Sound analytical skills with high attention to detail and accuracy
      • Experience reading, analyzing, and interpreting documents/reports
      • Ability to review and interpret complex commercial loan documents
      • Experience resolving and working through escalated and complex customer issues
      • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
      • Ability to coordinate completion of multiple tasks and meet aggressive time frames
      • Excellent verbal, written, and interpersonal communication skills
      • Ability to interact with all levels of an organization
      • Sound knowledge of Microsoft Office (Word, Excel, and Outlook) skills


      Job Expectations:

      • This position currently offers a hybrid work schedule
      • Ability to work at one of our approved job posting locations
      • Ability to work additional hours as needed

      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.

      $43,300.00 - $85,500.00

      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:

      1 Jul 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.

      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.

  • About the company

      Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco.

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