Commercial Loan Closing Specialist Job at Wells Fargo (City of London)

Commercial Loan Closing Specialist

Wells Fargo

Location:
United Kingdom , City of London

Category:
Banking

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Wells Fargo is looking for an experienced Commercial Loan Closing Specialist to join the loans operations team. In this role, you will oversee day-to-day operations for the On-boarding team and collaborate with origination teams across various locations. Your responsibilities will include reviewing intricate deal structures, legal documents, and ancillary paperwork to ensure operational alignment within our Bilateral, Participation, and Agency lending portfolios while adhering to the bank's internal policies and guidelines. You will also play a key role in coordinating with Lines of Business, Loans Administration, and Agency teams to address documentation matters. Your tasks will involve supervising deal constructions in Loan IQ, preparing deal overview sheets for the Loans/Agency teams, and approving finalized work from junior team members. If you possess expertise in LoanIQ, a strong customer-focused approach, and excel at efficient multitasking to handle daily loan administration duties, we invite you to consider this opportunity. Your skills are essential in providing our valued customers with seamless loan servicing experiences.

Job Responsibility:

Work with origination teams across multiple locations, reviewing complex deal structure, legal and ancillary documents for operational compatibility across our Bilateral, Participation and Agency lending portfolios, ensuring compliance with the bank’s internal policies and guidelines
Coordinate with the Lines of Business, Loans Administration and Agency teams regarding all aspects of new and ongoing documentation issues
Have oversight of deal builds in Loan IQ and production of deal overview sheets for Loans / Agency teams, & approval of same when completed by lower level team members
Provide assistance to relationship manager in execution and closure of transactions
Ensure all compliance related requirements are completed for each new transactions and clients (KYC + any other documents required internally)
Answering ad-hoc syndicate, borrower and internal queries
Regularly update and maintain internal databases and management information systems
Complete internal procedures as required to set up clients for specific products, ensuring all procedures comply with government regulations and company policies
Liaise with various internal departments (esp. credit control department and back office) to ensure smooth transactions execution, booking and reporting
Manage the timely collection and distribution of financial information and related correspondence to syndicate lenders
Keep the Head of Loan Onboarding team abreast of on-going issues and escalation points
Support the teams focus on continuous improvement and challenge the status quo
Assist is the control framework completion & roll out across the London Loan Operations team
Assist/lead/represent the London Loan Ops team on any onboarding related projects, which will have an impact on the onboarding team’s processing
Keep up-to-date with industry changes affecting loan documentation and product via the LMA/LSTA websites and attendance to relevant seminars

Requirements:

Experience in Commercial Loan Closing, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Extensive experience in reviewing, facilitating and managing new and revised Loan Facility documentation with a strong familiarity of products and structuring awareness
Excellent knowledge of industry standards relating to documentation and credit practices including extensive knowledge and understanding of Loan Market Association (LMA) and Loan Syndications & Trading Association (LSTA) facility documentation
Client focused with excellent interpersonal, communication and presentation skills
Individual accountability and ownership
Strong teamwork orientation. Role modeling flexibility working across product and relationship teams in both strategic and network client arena
Experience of Loan IQ, Debt Domain and Intralinks preferable

Additional Information:

Job Posted:
March 22, 2026

Expiration:
April 02, 2026

Employment Type:

Fulltime

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