Commercial Loan Closing Specialist- SBA

About the position

Wells Fargo is seeking a Commercial Loan Servicing Specialist in Small Business Administration as part of Commercial Banking. This role focuses on coordinating and managing the closing of commercial loans, ensuring compliance with bank policies and regulatory requirements, and serving as a liaison between various departments to facilitate accurate and efficient loan processing.

Responsibilities

• 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
• Serve as primary liaison between Credit, Sales, and Legal departments
• Work collaboratively with Credit, Sales and Legal regarding procedures and documentation requirements
• Review and negotiate complex legal documentation
• Evaluate risks and devise strategies to mitigate documentation risk
• Provide guidance and training to peers
• Collaborate and consult with peers, colleagues and managers to resolve issues
• Interact with internal customers

Requirements

• 2+ years of Commercial Loan Closing experience
• 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
• Exceptional verbal, written, and interpersonal communication skills
• Ability to interact with all levels of an organization
• Excellent critical thinking and problem-solving skills
• Strong background working in collaborative team environment
• Effective analytical skills including ability to analyze metrics
• Sound knowledge of Microsoft Office (Word, Excel, & Outlook)

Nice-to-haves

• Previous experience with Small Business Administration (SBA)
• Prior experience with BLAST, Citrix applications including LaserPro, and Salesforce

Benefits

• Salary range of $48,100 - $85,500 annually
• May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards