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Commercial Loan Closing Specialist

https://www.wellsfargo.com/ Logo

Wells Fargo

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Location:
United States, Minneapolis

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Category:
Banking

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Contract Type:
Employment contract

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Salary:

60000.00 - 100000.00 USD / Year

Job Description:

Wells Fargo is seeking a Commercial Loan Closing Specialist in Small Business Administration (SBA) as a part of Consumer Small Business Banking. In this role, you will work with moderately complex to complex commercial loans, coordinate loan closings, perform diligence, ensure compliance, review and prepare loan documents, and serve as liaison between departments.

Job Responsibility:

  • 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

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
  • Previous experience with Small Business Administration (SBA)
  • Proficient in creating and understanding highly complex loan documentation
  • Prior experience with BLAST, Citrix applications including LaserPro, and Salesforce
  • Strong pipeline management skills
  • Ability to demonstrate interpersonal, organizational, and effective leadership skills
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Exceptional verbal, written, and interpersonal communication skills
  • Ability to interact with all levels of an organization, including management
  • Excellent critical thinking and problem-solving skills, as well as the ability to embrace and adapt to change
  • Strong background working in collaborative team environment
  • Effective analytical skills including ability to analyze metrics
  • Sound knowledge of Microsoft Office (Work, Excel, & Outlook)

Nice to have:

  • Previous experience with Small Business Administration (SBA)
  • Proficient in creating and understanding highly complex loan documentation
  • Prior experience with BLAST, Citrix applications including LaserPro, and Salesforce
  • Strong pipeline management skills
  • Ability to demonstrate interpersonal, organizational, and effective leadership skills
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Exceptional verbal, written, and interpersonal communication skills
  • Ability to interact with all levels of an organization, including management
  • Excellent critical thinking and problem-solving skills, as well as the ability to embrace and adapt to change
  • Strong background working in collaborative team environment
  • Effective analytical skills including ability to analyze metrics
  • Sound knowledge of Microsoft Office (Work, Excel, & Outlook)
What we offer:
  • 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

Additional Information:

Job Posted:
October 09, 2025

Expiration:
October 16, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:
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