Wells Fargo

Lead Commercial Loan Closing Specialist - Central Asset Based Lending Portfolio Support (CAPS)

Wells Fargo$80K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in Commercial Loan Closing or a combination of relevant experience, training, or education.
  • Experience supporting Asset Based Lending products in a complex financial institution.
  • Bachelor's degree in Finance, Business, Economics, or Law preferred.
  • Knowledge of LUCAS and CLIC applications across various deal types and scenarios.
  • Strong communication skills to explain complex concepts to diverse groups.
  • High accuracy in reviewing and interpreting loan documentation.
  • Ability to manage competing priorities in a fast-paced environment.

Responsibilities

  • Review complex loan documentation for accuracy and compliance.
  • Onboard new ABL clients onto the loan system and process modifications.
  • Process access requests in the Wells Fargo CEO portal.
  • Collaborate with cross-functional teams throughout the loan process.
  • Update team procedures and assist in documentation training.
  • Take part in User Acceptance Testing and Business Continuity Planning events.
  • Serve as a subject matter expert and guide team members on processes.
  • Support regulatory compliance efforts and improve control infrastructure.
  • Complete monthly reporting, identifying trends for better accuracy.
  • Coordinate workflow activities for timely completion of loan requests.

Benefits

  • Hybrid work schedule available.
  • Opportunity to work with a diverse cross-functional team.
  • Professional development through involvement in UAT and BCP activities.
  • Engagement with multiple stakeholders across the organization.
Full Job Description
About this role:

Wells Fargo is seeking a Lead Commercial Loan Closing Specialist in Capital Finance as a part of our Wholesale Lending Operations Division. Learn more about our career areas and lines of business at wellsfargojobs.com.

In this role, you will:
  • Review highly complex loan documentation
  • Onboard new Capital Finance Asset Based Lending (ABL) clients onto the LUCAS loan system and process loan modifications for existing ABL clients
  • Process access requests in the Wells Fargo CEO portal
  • Interact with cross-functional teams, including underwriting, portfolio, legal (in-house and external), collateral analysts, deal closing, letters of credit, tax reporting, operational risk, and loan servicing
  • Assist with creating, updating, and certifying team procedures, job aids, and user guides
  • Participate in User Acceptance Testing (UAT) and Business Continuity Planning (BCP) testing events
  • Serve as a subject matter expert across all lines of business and provide guidance to other team members
  • Support the reduction of outstanding regulatory deliverables by executing against milestones and continuing to strengthen the risk and control infrastructure
  • Complete monthly metrics reporting
  • Identify themes and trends in metrics to improve team accuracy and determine opportunities for refresher training
  • Partner with upstream and downstream stakeholders to ensure requests are completed accurately and on time
  • Assist with operational adjustment research and reporting, including the identification of preventive measures
  • Coordinate workflow activities, including assigning new deals and ensuring timely completion of requests


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:
  • Demonstrated experience supporting Asset Based Lending products and structures within a complex financial institution
  • Bachelor's degree in Finance, Business, Economics, or Law preferred
  • Paralegal and/or finance experience supporting loan documentation, credit structures, or transactional workflows
  • Advanced working knowledge of the LUCAS (Loan Underwriting Collateral Analysis System) and CLIC (Client Loan Information Criteria) applications, including applications across multiple deal types and scenarios
  • Excellent verbal, written, and interpersonal communication skills, with the ability to convey complex concepts to diverse stakeholders
  • Proficient in reviewing, interpreting, and applying complex loan documentation with a high degree of accuracy and attention to detail
  • Ability to operate independently while also contributing as a senior member of a collaborative team environment
  • Proven ability to perform effectively in a fast-paced, deadline-driven environment involving competing priorities
  • Well-developed organizational, multi-tasking, and prioritization skills, with the ability to manage work with minimal oversight
  • Solid working knowledge of Microsoft Office applications, including Word, Excel, and Outlook, to support reporting, documentation, and operational activities


Primary Posting Location:


Additional Posting Location:
  • 401 Las Colinas Blvd W Bldg A, Irving, Texas 75039


Job Expectations:
  • This position offers a hybrid work schedule at the posted location.
  • VISA Sponsorship is not available for this position.


Posting End Date:

8 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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