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The Role
Supports commercial lending transactions from pre-close through booking, funding, and post-funding reconciliation. Responsibilities include managing Loan IQ deal and facility setup, validating loan documentation and funding details, maintaining accurate system records, performing quality-control and maker-checker reviews, monitoring workflow and exceptions, coordinating with internal stakeholders, and supporting audits, risk controls, process improvements, and transaction issue resolution.
Summary Generated by Built In
About this role:
Wells Fargo is seeking a Commercial Loan Closing Associate to support commercial lending transactions from closing through booking and funding. You'll help deliver accurate, efficient execution while strengthening operational excellence, effective controls, and the customer experience.
In this role, you will:
Required Qualifications:
Desired Qualifications:
Posting End Date:
28 Oct 2026
*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 .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Wells Fargo is seeking a Commercial Loan Closing Associate to support commercial lending transactions from closing through booking and funding. You'll help deliver accurate, efficient execution while strengthening operational excellence, effective controls, and the customer experience.
In this role, you will:
- Support pre-close and post-close activities for commercial, commercial real estate, and problem loans
- Coordinate loan-closing activities with customers and internal partners
- Complete customer, loan, and regulatory due diligence and ongoing portfolio maintenance
- Review and upload accurate loan and customer data into systems of record
- Manage an assigned portfolio by following established procedures and escalating issues as appropriate
- Follow bank policies, procedures, control requirements, and applicable regulations
- Collaborate with peers, colleagues, and managers to resolve routine issues and achieve team goals
- Develop knowledge of commercial loan closing processes, policies, procedures, and compliance requirements under the guidance of managers and experienced colleagues
Required Qualifications:
- 6+ months of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Lead day-to-day execution of commercial loan on-boarding and funding activities in Loan IQ as a senior individual contributor.
- Create and maintain the Loan IQ deal and facility shell required to support Doc Prep stages and downstream processing.
- Develop a strong understanding of the end-to-end commercial loan lifecycle, including initiation, documentation, boarding, funding, servicing, and closing.
- Engage proactively with Sales and relevant partners to hand-hold each deal from initiation through closing, ensuring clear ownership, timely follow-up, and issue resolution.
- Review approved credit documents, loan agreements, closing instructions, and source data to ensure accurate setup of borrowers, lenders, deals, facilities, tranches, commitments, pricing, fees, interest terms, and payment schedules.
- Process and validate new deals, amendments, restructures, extensions, renewals, commitment changes, and other facility updates in Loan IQ.
- Provide expert oversight for complex transactions, for Bilateral, syndicated or participated facilities, restructures, refinancings, extensions, commitment changes, and nonstandard deal structures.
- Perform source-document-to-Loan-IQ and system-of-record validation, identify discrepancies, and coordinate timely correction before transaction completion.
- Review funding requests and validate facility availability, approved limits, funding amounts, conditions precedent, supporting documentation, and required approvals.
- Validate funding items, principal amounts, settlement details, standard settlement instructions, and payment instructions before funding release.
- Complete post-funding validation and reconciliation to confirm that transactions are accurately reflected in Loan IQ and applicable downstream systems.
- Perform maker-checker and quality-control reviews in accordance with delegated authority and established procedures.
- Monitor assigned workflow, transaction aging, cut-off times, service-level agreements, turnaround time, quality, and pending exceptions; coordinate priorities with the manager.
- Partner with Front Office, Credit, Legal/Documentation, Treasury, Technology, Quality Control, and downstream Operations teams to resolve transaction issues.
- Provide technical guidance, process support, peer reviews, knowledge sharing, and cross-training to improve team capability and coverage.
- Identify operational risks, recurring errors, control gaps, and process weaknesses, and recommend corrective and preventive actions.
- Maintain complete supporting documentation, system notes, approvals, and audit trails for all transactions.
- Support internal and external audits, risk assessments, control testing, procedure reviews, and remediation activities.
- Experience in Banking Operations, preferably within Commercial Lending, Wholesale Lending, Loan Closing, Loan Boarding, or Funding Operations.
Desired Qualifications:
- Contribute to process improvements, automation, digitization, UAT, system enhancements, and initiatives that improve data quality, straight-through processing, and operational efficiency.
- Exercise independent judgment within established policies and escalate material credit, documentation, funding, operational, or compliance concerns promptly.
- Hands-on experience with Loan IQ, particularly deal/facility boarding, loan setup, funding, amendments, and transaction validation.
- Good understanding of the end-to-end commercial lending lifecycle and common bilateral, syndicated, participated, or agented loan structures.
- Working knowledge of loan documentation, credit terms, facility structures, pricing, fees, interest calculations, payment instructions, and reconciliation.
- Strong understanding of operational risk, maker-checker controls, quality assurance, exception management, and audit requirements.
- Demonstrated ability to independently manage multiple priorities and complex or time-sensitive transactions under strict deadlines.
- Strong analytical, problem-solving, communication, stakeholder-management, and escalation-management skills.
- Proficiency in Microsoft Office applications, particularly Excel, Word, PowerPoint, and Outlook.
- Experience supporting process improvement, automation, UAT, or technology transformation is preferred.
- Candidates must be flexible to work in shifts aligned with U.S. business hours and support extended working hours during month-end and other critical business periods, as required.
Posting End Date:
28 Oct 2026
*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 .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Skills Required
- At least 6 months of commercial loan closing experience, or equivalent experience, training, military experience, or education.
- Experience in banking operations, preferably commercial lending, wholesale lending, loan closing, loan boarding, or funding operations.
- Experience leading day-to-day commercial loan onboarding and funding activities as a senior individual contributor.
- Experience creating and maintaining Loan IQ deal and facility shells for document preparation and downstream processing.
- Understanding of the end-to-end commercial loan lifecycle.
- Experience reviewing credit documents, loan agreements, closing instructions, and source data.
- Experience processing and validating new deals, amendments, restructures, extensions, renewals, commitment changes, and facility updates in Loan IQ.
- Experience overseeing complex bilateral, syndicated, participated, restructured, refinanced, extended, and nonstandard loan transactions.
- Experience validating funding requests, facility availability, approved limits, conditions precedent, settlement details, and payment instructions.
- Experience performing post-funding validation, reconciliation, maker-checker reviews, and quality-control reviews.
- Knowledge of operational risk, controls, exception management, audit requirements, and regulatory compliance.
- Ability to manage multiple priorities and complex, time-sensitive transactions under strict deadlines.
- Strong analytical, problem-solving, communication, stakeholder-management, and escalation-management skills.
- Hands-on Loan IQ experience, particularly with deal and facility boarding, loan setup, funding, amendments, and transaction validation.
- Working knowledge of loan documentation, credit terms, facility structures, pricing, fees, interest calculations, payment instructions, and reconciliation.
- Experience supporting process improvement, automation, user acceptance testing, or technology transformation.
- Proficiency with Microsoft Excel, Word, PowerPoint, and Outlook.
- Flexibility to work shifts aligned with U.S. business hours and extended hours during month-end or critical business periods.
Wells Fargo Compensation & Benefits Highlights
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Retirement Support — Retirement offerings are highlighted by a strong 401(k) with employer matching and added options like after‑tax contributions and an employee stock purchase plan, supporting long‑term savings. These features are presented as competitive elements of the total rewards package.
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Healthcare Strength — Medical, dental, and vision coverage are described as comprehensive, often starting on day one for eligible employees, with HSAs/FSAs, wellness incentives, and mental health resources available. Specialized care options, including fertility support, further enhance the health offering.
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Parental & Family Support — Paid parental leave of notable duration is available from the start of employment, alongside adoption/surrogacy/fertility programs. Caregiving and backup care resources deepen the family-oriented support.
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The Company
What We Do
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.2 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. Our technology professionals drive innovation, information security, and big data analytics while maintaining a network that handles more than 12 billion customer interactions a year. Join us! Are you looking for more? Find it here. At Wells Fargo, we're more than a financial services leader – we’re a global trailblazer committed to driving innovation, empowering communities, and helping our customers succeed. We believe that a meaningful career is much more than just a job – it’s about finding all of the elements to help you thrive, in one place. Living the Well Life means you’re supported in life, not just work. It means having robust benefits, competitive compensation, and programs designed to help you find work-life balance and well-being. You’ll be rewarded for investing in your community, celebrated for being your authentic self, and empowered to grow. And we’re recognized for it — Wells Fargo continues to rank on the LinkedIn Top Companies lists of best workplaces “to grow your career.” 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. © 2026 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.
Why Work With Us
We're known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. Wells Fargo continues to rank on the LinkedIn Top Companies lists of best workplaces “to grow your career.”
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Wells Fargo Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Typical time on-site:
3 days a week
