Lead Commercial Loan Closing Specialist, Asset Based Lending Deal Closer

Wells Fargo • Los Angeles, CA • 2h ago

About this role:

Wells Fargo is seeking a Lead Commercial Loan Closing Specialist in

Capital Finance as a part of Wholesale Lending Operations Division. Learn more about our career areas and lines of business at wellsfargojobs.com.

In this role, you will:

Complete pre-close and post-close documents for the most complex commercial loans

Coordinate loan closings, perform customer, loan and regulatory diligence and on-going portfolio maintenance

Evaluate and upload data into the systems of record

Research complex business and operational decisions

Review and prepare loan related documents

Ensure compliance with all policies, procedures and regulatory requirements

Provide guidance and training to peers and may have limited supervisory responsibilities

Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Interact with internal and external customers

Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Facilitate the closing and funding of new loan transactions including participations and loan restructures.

Serve as a liaison to business divisions, underwriters, prospective clients, insurance brokers, attorneys, banks, letter of credit contacts and cash management contacts.

Organize legal documents, internal documents and post-closing items.

Coordinate funding logistics for new financings, participations and complex restructures.

Review cash management arrangements; modify cash management structures, including preparation and negotiation of cash management agreements and set-up of accounts.

Collect, review and negotiate acceptable insurance certificates and endorsements.

Facilitate the issuance of letters of credit.

Required Qualifications:

5+ years of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

Experience with Asset Based Lending.

Paralegal and/or finance experience

Degree in Finance, Business, Economics or Law

Knowledge of Deposit Account Control Agreements (DACAs) and cash management systems.

Proficient in reading and understanding complex loan documentation

Commercial Insurance knowledge

Ability to work effectively, as well as independently, in a team environment

Ability to work in a fast-paced deadline driven environment

Effective organizational, multi-tasking, and prioritization skills

Sound knowledge of Microsoft Office (Word, Excel, & Outlook)

Excellent verbal, written, and interpersonal communication skills

Job Expectations:

This position will work a hybrid schedule - 3 days in office, 2 remote

Ability to work at the posted location listed below

Relocation benefits are not available for this role

Visa sponsorship is not available for this position

Location:

1800 Century Park E, Los Angeles, CA

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

$104,000.00 - $168,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.

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

Posting End Date:

1 Sep 2026

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-drug-and-alcohol-policy) to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Req Number: R-567882

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