Commercial Loan Closing Specialist, Wells Fargo

Wells Fargo

Location:
United States, Minneapolis

Category:
Banking

Contract Type:
Employment contract

Salary:

66000.00 - 100000.00 USD / Year

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Job Description:

Wells Fargo is seeking a Commercial Loan Closing Specialist as part of the Commercial Banking Flood Operations team. The team is a key control in ensuring Wells Fargo is fully assessing Flood risk and is compliant with the FDPA Policy. Failure to mitigate risk in this portfolio would have significant impacts to the Bank by creating defects that could result in regulatory and policy violations and adverse impact to internal and external customers.

Job Responsibility:

Conduct reviews on Commercial loans for FDPA and Flood Insurance requirements
Ensure Commercial real estate collateral is correctly identified during pre-close reviews
Ensure Standard Flood Hazard Determinations (SFHDs) are on file when loan is secured by real estate
Communicate overall processes & transaction quality
Provide feedback regarding identified deficiencies or issues
Provide support for other initiatives as needed
Execute against control framework to ensure rigor of controls and servicing activities
Work collectively with leaders, team members and stakeholders to set high standard for regulatory compliance
Support development and execution of risk control framework

Requirements:

2+ years of Commercial Loan Closing experience or equivalent demonstrated through work experience, training, military experience, or education
Knowledge and understanding of commercial real estate loans & ability to review and interpret complex commercial loan documents
Knowledge and understanding of FEMA (Federal Emergency Management Agency)
Knowledge and understanding of National Flood Insurance Program (NFIP) and Flood Disaster Protection Act (FDPA) compliance and process
Risk and regulatory compliance experience
Ability to prioritize work to meet deadlines and work under pressure in a dynamic and complex environment
Experience managing a moderately complex pipeline of work from assignment to completion
Ability to work effectively in a team environment and across all organizational levels
Ability to navigate multiple computer systems/applications and utilize search tools to find information
Excellent critical thinking and problem-solving skills
Ability to embrace and adapt to change
Experience with financial services businesses in a regulated environment

What we offer:

Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance
Critical illness insurance
Accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement

Additional Information:

Job Posted:
September 15, 2025

Expiration:
October 14, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Commercial Loan Closing Specialist

Wells Fargo

Location:United States, Minneapolis

Category:Banking

Contract Type:Employment contract