Senior Commercial Loan Closing Representative, Wells Fargo

Wells Fargo

Location:
Philippines, Taguig City

Category:
Banking

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Wells Fargo is seeking a Senior Commercial Loan Closing Representative. This job is responsible for assembling, preparing and reviewing commercial closing documents for loans/transactions; the initial boarding and funding of deals/transactions/facilities onto accounting systems of record. This may include in depth review of collateral, legal agreements and credit approvals to ensure final executed details are captured accurately and regulatory and company requirements are met.

Job Responsibility:

Support performance of less experienced staff and overall effectiveness of team
Provide feedback and present ideas for improving or implementing processes and tools within Commercial Loan Closing
Evaluate and upload data into the systems of record to ensure compliance with all bank policies, procedures and regulatory requirements
Perform complex legal activities for loan documentation that may also include documentation purchased from a third party source, internal staff and the Corporate Legal Group
Provide subject matter expertise and interpretation of procedures to less experienced individuals
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
Interact with immediate team and Commercial Loan Closing
Interact with internal customers

Requirements:

4+ years of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Bachelor’s degree in Finance and Accounting
More than 4 years relevant working experience in the field of Accounting, Finance preferably in General Accounting, Accounts Receivable accounting, Loan accounting, Bookkeeping
3 years' experience in banking industry – Wholesale, Commercial Banking or Corporate Investment Banking or Shared Service organization
Business and accounting Skills (concept of Debit and Credit)
Excellent English comprehension, written and verbal communication skills, and interpersonal skills
Good problem solving and analytical skills & ability to accurately process high volumes of work within established deadlines
Strong Organizations skills - detail oriented
Sound risk management mindset and good understanding of compliance
Proficient in MS Office especially MS Excel

Nice to have:

MBA, CPA, CMA, CFA is an advantage
Able to perform work and report on PH public holidays if falling on Mondays to Fridays including Christmas and New Year's eve
Amenable to work on US shift: 9PM to 6AM/10PM to 7AM

Additional Information:

Job Posted:
June 19, 2025

Expiration:
June 29, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Senior Commercial Loan Closing Representative