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Commercial Loan Closing Representative

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  • Job
    Full-time
    Junior Level
  • Legal
    Banking & Finance
  • Hyderabad, +1

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

Responsibilities

  • Support pre-close documents for moderately complex to complex commercial loans
  • Seek ways to improve aspects of loan closing and process's
  • Perform moderately complex legal activities for loan documentation that may include Documents purchased from third party sources, internal staff and corporate legal groups
  • Review and prepare complex loan documents
  • Receive direction from supervisor and escalate non-routine questions
  • Review and negotiate complex legal documentation, evaluate risks, devise strategies to mitigate documentation risk and identify procedural modifications
  • Interact with immediate team and Commercial Loan Closing group as well as Interact with internal customers

FAQs

What is the primary responsibility of a Commercial Loan Closing Representative at Wells Fargo?

The primary responsibility includes supporting pre-close documents for moderately complex to complex commercial loans and reviewing and preparing complex loan documents.

What qualifications are required for this position?

A minimum of 2+ years of Commercial Loan Closing experience or equivalent demonstrated through work experience, training, military experience, or education is required.

What are the primary activities involved in this role?

The role involves reviewing and preparing complex loan documents, performing moderately complex legal activities related to loan documentation, and seeking ways to improve aspects of loan closing and processes.

How does this role interact with other teams or groups?

The Commercial Loan Closing Representative interacts with the immediate team, the Commercial Loan Closing group, and various internal customers.

What measures are in place to ensure diversity and inclusion in the hiring process?

Wells Fargo welcomes applications from all qualified candidates without regard to race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, and other protected statuses, promoting diversity, equity, and inclusion.

What is the posting end date for this job?

The posting end date for this job is February 13, 2025, but it may come down early due to the volume of applicants.

Is there a focus on risk management in this role?

Yes, there is a strong emphasis on risk management, compliance, and making sound risk decisions as part of the job responsibilities.

What should applicants know about the application process, especially those requiring accommodations?

Applicants with disabilities can request a medical accommodation during the application or interview process through Disability Inclusion at Wells Fargo.

Does Wells Fargo have a drug-free workplace policy?

Yes, Wells Fargo maintains a drug-free workplace and has a Drug and Alcohol Policy in place.

Are third-party recordings allowed during the hiring process?

No, third-party recordings are prohibited unless authorized by Wells Fargo.

Is this position responsible for negotiating legal documentation?

Yes, this role involves reviewing and negotiating complex legal documentation, evaluating risks, and devising strategies to mitigate documentation risk.

Finance
Industry
10,001+
Employees
1929
Founded Year

Mission & Purpose

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.