Commercial Loan Closing Specialist London, England
Wells Fargo
Full Time
London, England
10.56 - 12.04 GBP Today
Job description
About this role:
Are you ready to join us in Commercial Loan Closing, where precision and expertise converge to ensure the seamless assembly, preparation, and scrutiny of commercial closing documents? This role extends to the initial boarding and funding of deals and facilities onto our accounting systems of record. With a focus on comprehensive collateral assessments, legal agreement evaluations, and credit approval validations, your responsibility is to guarantee that every final executed detail aligns flawlessly with regulatory standards and our company's exacting requirements.
We are on the lookout for an exceptional senior associate-level candidate, someone who possesses top-tier communication skills. This position is not just about crunching numbers; it's about building relationships. You'll collaborate closely with our valued clients, as well as with various institutions and departments. Experience in client onboarding, KYC (Know Your Customer), or treasury functions, and perhaps even a background in retail banking, would be a perfect fit for this role.
Our team thrives on collaboration and relishes the diversity of each deal they encounter. In this role, you'll find yourself engaged with numerous teams across EMEA and the US, particularly when finalising deals originating from European countries. This position presents a remarkable opportunity for you to expand your expertise in the intricate world of international loan deals. If you're ready to embark on a challenging yet rewarding journey in commercial loan closing, we invite you to explore this fantastic career opportunity with us.
In this role, you will:
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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Are you ready to join us in Commercial Loan Closing, where precision and expertise converge to ensure the seamless assembly, preparation, and scrutiny of commercial closing documents? This role extends to the initial boarding and funding of deals and facilities onto our accounting systems of record. With a focus on comprehensive collateral assessments, legal agreement evaluations, and credit approval validations, your responsibility is to guarantee that every final executed detail aligns flawlessly with regulatory standards and our company's exacting requirements.
We are on the lookout for an exceptional senior associate-level candidate, someone who possesses top-tier communication skills. This position is not just about crunching numbers; it's about building relationships. You'll collaborate closely with our valued clients, as well as with various institutions and departments. Experience in client onboarding, KYC (Know Your Customer), or treasury functions, and perhaps even a background in retail banking, would be a perfect fit for this role.
Our team thrives on collaboration and relishes the diversity of each deal they encounter. In this role, you'll find yourself engaged with numerous teams across EMEA and the US, particularly when finalising deals originating from European countries. This position presents a remarkable opportunity for you to expand your expertise in the intricate world of international loan deals. If you're ready to embark on a challenging yet rewarding journey in commercial loan closing, we invite you to explore this fantastic career opportunity with us.
In this role, you will:
- Lead a variety of pre-close activities for moderately complex to complex commercial loans, including coordinating all aspects of loan closings.
- Interact with customers, both external and internal
- Ensure compliance with all bank policies, procedures, and regulatory requirements.
- Review complex legal loan documentation, including third party legal agreements, evaluate risks, devise strategies to mitigate documentation risk and identifying procedural modifications.
- Work collaboratively with Credit, Sales, Compliance and Legal regarding proper procedures and documentation requirements necessary to ensure accuracy with negotiated terms and ensure alignment with appropriate compliance standards.
- Accurately evaluate and upload data into the systems of record.
- Provide guidance and training to peers.
- Collaborate, consult, and provide guidance to peers, colleagues and managers to resolve issues and achieve goals.
- Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
- Experience in Commercial Loan Closing, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
- Prior Banking experience.
- Strong communication skills - both verbal and written.
- Strong attention to detail, accuracy and responsive
- Strong organizational and time management skills, ability to multi-task and work in a deadline driven environment.
- Ability to work effectively in a team environment.
- Wells Fargo operates a Hybrid working model combining office and home working. The requirement is a minimum of 3 days in the office.
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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
