Logo of Huzzle

Commercial Loan Closing Representative

  • Job
    Full-time
    Junior Level
  • Legal
    Banking & Finance

AI generated summary

  • You need 2+ years of Commercial Loan Closing experience or equivalent work, training, military experience, or education.
  • You will support pre-close document preparation, review complex loan documents, negotiate legal terms, improve processes, and collaborate with team members and internal customers.

Requirements

  • 2+ years of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Responsibilities

  • 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

FAQs

What is the main responsibility of a Commercial Loan Closing Representative?

The main responsibility is to support pre-close documents for moderately complex to complex commercial loans and to review and prepare complex loan documents.

What qualifications are required for this position?

A minimum of 2+ years of Commercial Loan Closing experience, or equivalent demonstrated through a combination of work experience, training, military experience, and education, is required.

Is experience in similar roles mandatory?

Yes, candidates should have at least 2+ years of Commercial Loan Closing experience or an equivalent background.

What kind of skills are beneficial for this role?

Skills beneficial for this role include the ability to negotiate complex legal documentation, evaluate risks, devise strategies to mitigate documentation risk, and identify procedural modifications.

How important is diversity and inclusion at Wells Fargo?

Diversity, equity, and inclusion are highly valued at Wells Fargo, and all qualified candidates are encouraged to apply regardless of their background.

What is the focus of employees at Wells Fargo?

Employees focus on building strong customer relationships while maintaining a risk mitigating and compliance-driven culture.

Are there opportunities for professional development?

Yes, Wells Fargo encourages employees to seek ways to improve loan closing processes and will support professional development in these areas.

What is the company's stance on drug and alcohol use?

Wells Fargo maintains a drug-free workplace and has a Drug and Alcohol Policy in place.

Can applicants request accommodations during the application process?

Yes, applicants with disabilities can request accommodations during the application or interview process.

Will the job posting be removed early?

Yes, the job posting may be taken down early due to a high volume of applicants.

Finance
Industry
10,001+
Employees
1929
Founded Year

Mission & Purpose

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.