Wells Fargo

Lead Commercial Loan Closing Specialist, Asset Based Lending Deal Closer

Wells Fargo$104K — $168K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of Commercial Loan Closing experience or equivalent work experience
  • Experience with Asset Based Lending preferred
  • Paralegal and/or finance experience desirable
  • Degree in Finance, Business, Economics, or Law is a plus
  • Proficient in reading complex loan documentation

Responsibilities

  • Complete complex commercial loan pre-close and post-close documents
  • Coordinate loan closings and perform regulatory diligence
  • Evaluate and upload data to systems of record
  • Research business and operational decisions
  • Review and prepare loan-related documents
  • Ensure compliance with policies and regulations
  • Provide guidance and training to peers and supervise when necessary

Benefits

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life and critical illness insurance
  • Parental leave
  • Tuition reimbursement
  • Commuter benefits
Full Job Description

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

  • 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.

About Wells Fargo

Wells Fargo Careers

Joining Wells Fargo means becoming part of a distinguished financial institution that has been a cornerstone of innovation and leadership in the banking industry. At Wells Fargo, we offer a plethora of job opportunities designed to empower your career growth and development in a diverse and inclusive environment.

Work You’ll Do

At Wells Fargo, you will be part of a team that values diversity and is committed to fostering an inclusive culture. We are looking for professionals who are eager to drive innovation and lead with integrity. Our employees are our greatest asset, and we invest in their professional growth through comprehensive leadership and diversity training programs that are recognized industry-wide.

Explore a Multitude of Career Paths

Whether you're interested in a position in finance, IT, customer service, or management, Wells Fargo has career opportunities in various fields. Our team members benefit from job stability, competitive benefits, and a culture that values and rewards performance and dedication.

Internship Programs

Kickstart your career with a Wells Fargo internship. Our programs provide invaluable industry exposure, professional skills development, and networking opportunities that often lead to full-time employment offers. Interns at Wells Fargo work on real projects, solve actual challenges, and gain the mentorship of seasoned professionals.

Professional Growth and Development

We believe in nurturing the potential of our employees. Wells Fargo offers robust training programs and resources to help every team member excel in their current roles and prepare for future challenges. Growth at Wells Fargo is not just about climbing the career ladder but expanding your skills and expertise to add value to our team and customers.

Benefits and Rewards

Wells Fargo is committed to the well-being of our team members. We offer a comprehensive benefits package that includes health care, retirement plans, and generous paid time off. Additionally, we provide unique perks like employee discounts, adoption assistance, and tuition reimbursement.

Join Our Team

Discover the opportunities waiting for you at Wells Fargo by exploring open positions that match your skills and interests. We are continuously hiring and looking for individuals who bring creativity, passion, and a drive to serve our customers.

Stay Connected

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Networking and Innovation

At Wells Fargo, networking and innovation go hand in hand. We encourage our employees to connect across departments and roles to foster new ideas and strategies that lead to groundbreaking solutions.

Empower Your Career

Step into a role at Wells Fargo where your skills will be honed, your achievements recognized, and your career can flourish. We're not just filling positions; we're building leaders who are equipped to navigate the complexities of the financial world. Join Wells Fargo today and be part of a team that’s redefining the future of banking.
Learn more about Wells Fargo
Size
246,577 employees
Market Cap
$155.2 billion
Industry
Net Income
$3.3 billion
Founded
1852
5 Year Trend
-5.9%
NASDAQ

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