Vice President, Community Lending Loan Closing Specialist

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

Commercial Real Estate (CRE) provides a fully integrated platform of banking, financing, and capital markets solutions to commercial real estate clients including financial sponsors, institutional investors and asset managers, regional developers, and public and private corporations.

About this role:

Wells Fargo is seeking a Vice President, Community Lending Loan Closing Specialist (Lead Commercial Loan Closing Specialist) to support our Community Lending and Investment (CLI) team within Commercial Real Estate (CRE). The Specialist will play a key role in coordinating the closing and booking of complex affordable housing and other community development lending transactions, ensuring loan documentation, regulatory and compliance requirements, FDPA, and related closing activities are completed accurately and timely.

In this role, you will:

• Coordinate complex commercial real estate loan closings, including pre- and post-close documentation, customer and loan diligence, regulatory diligence, and ongoing portfolio maintenance.      
• Review, prepare, and complete loan-related documentation and ensure accurate transaction data is captured in systems of record.
• Research complex business, operational, and regulatory matters and apply independent judgment to resolve issues and support timely loan closings.
• Ensure compliance with applicable policies, procedures, and regulatory requirements throughout the closing and booking process.
• Collaborate with internal and external customers, peers, colleagues, managers, and leaders to resolve issues and achieve transaction and business objectives.
• Provide guidance and training to peers and as needed, support limited supervisory responsibilities while developing expertise in applicable functions, policies, procedures, and compliance requirements.

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:

• 5+ years of experience documenting and closing commercial real estate loans.
• 2+ years of experience with Community Development Lending transactions, including NMTC, CDFI, and/or LIHTC.
• Demonstrated experience with commercial real estate loan documentation and coordinating complex transactions through closing and booking.
• Experience using nCino and Loan IQ for commercial loan closing and booking activities.
• Strong knowledge of regulatory and compliance requirements impacting commercial loan closings, with the ability to research and apply requirements to complex or unique transactions.
• Demonstrated ability to identify and resolve complex documentation, operational, and closing issues while adhering to risk and compliance requirements.
• Strong analytical and organizational skills with high attention to detail and the ability to manage multiple transactions and competing deadlines.
• Strong verbal, written, and interpersonal communication skills with the ability to collaborate effectively with internal and external stakeholders.

Job Expectations:

• Ability to travel as needed
• Visa sponsorship is not available
• Ability to work additional hours as needed
• Willingness to work on-site in accordance with current office requirements
• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting End Date: 

*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.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

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Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

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