About this role:
Wells Fargo is seeking a Commercial Loan Closing Representative. This job is responsible for assembling, preparing and reviewing commercial closing documents for loans/transactions; the initial boarding and funding of deals/transactions/facilities onto accounting systems of record. This may include in depth review of collateral, legal agreements and credit approvals to ensure final executed details are captured accurately and regulatory and company requirements are met.
In this role, you will:
- 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
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- Experience in Commercial Loan Closing, or equivalent demonstrated through one or a combination of the following: work experience, training, education
- Bachelor's degree in Finance and Accounting
- More than 2 years relevant working experience in the field of Accounting / Finance preferably in General Accounting, Accounts Receivable Accounting, Loan Accounting, Bookkeeping.
- 1 to 2 years' experience in banking industry - Wholesale, Commercial Banking or Corporate Investment Banking or Shared Service organization
- Business and accounting Skills (concept of Debit and Credit)
- Excellent English comprehension, written and verbal communication skills, and interpersonal skills
- Good problem solving and analytical skills & ability to accurately process high volumes of work within established deadlines
- Strong Organizations skills - detail oriented
- Sound risk management mindset and good understanding of compliance
- Proficient in MS Office especially MS Excel
- Knowledge GAAP Accounting
- Quick learner
- Highly motivated individual who is able to work well independently and in a team environment
- Ability to recognize and escalate issues to management for any process breaches
- Ability to multitask to accomplish tasks and meet deadlines effectively
- Ability to work quickly & accurately while maintaining acceptable standards of workmanship
- Flexibility to stretch to accomplish projects timely
- Able to perform work and report on PH public holidays if falling on Mondays to Fridays including Christmas and New Year's eve
- Amenable to work on US shift: 9PM to 6AM, 10PM to 7AM
- Amenable to work full-time onsite
10 May 2024
*Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 US: 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.
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 .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.