Senior Commercial Loan Closing Specialist - Snr AVP in London

Senior Commercial Loan Closing Specialist - Snr AVP in London

London Full-Time 59400 - 72600 £ / year (est.) No working from home possible
Wells Fargo

At a Glance

  • Tasks: Manage complex loan transactions and ensure seamless client experiences.
  • Company: Join Wells Fargo, a leading global financial institution with a collaborative culture.
  • Benefits: Enjoy competitive salary, professional growth, and a diverse work environment.
  • Other info: Opportunity for significant visibility and career development in the EMEA region.
  • Why this job: Shape processes and influence outcomes in a dynamic and evolving team.
  • Qualifications: Experience in credit underwriting and strong communication skills required.

The predicted salary is between 59400 - 72600 £ per year.

About this role: Wells Fargo is seeking a Senior Commercial Loan Closing Specialist to join our CIB Middle Office team, supporting the growing Fund Finance business within Corporate & Investment Banking Operations. In this role, you will partner closely with Credit, Legal, Relationship Management, and Loan Operations teams to facilitate the successful execution of complex lending transactions. You will be responsible for managing the loan closing lifecycle, ensuring the accurate completion of pre-closing and closing activities, coordinating loan booking processes, and delivering a seamless client experience.

Acting as a key interface between the Fund Finance business and the Loan Operations Deal Closing team, you will leverage your expertise across the full transaction lifecycle from deal origination through to closing to drive execution excellence, mitigate operational risk, and build strong relationships with internal stakeholders. This is an exciting opportunity to join a newly established function in the EMEA region, offering significant visibility within the business and the opportunity to contribute to the continued expansion and success of Wells Fargo's Fund Finance platform.

Your journey with us is more than a job; it's an opportunity to build a rewarding career with one of the world's leading financial institutions. At Wells Fargo, we foster an inclusive and high-performing culture where diverse perspectives are valued, collaboration is encouraged, and professional growth is supported. You'll work alongside talented colleagues across the globe, gain exposure to complex and meaningful work, and be empowered to make an impact from day one.

As part of a growing team within an expanding business, you'll have the opportunity to shape processes, influence outcomes, and develop your expertise within a dynamic and evolving environment.

In this role, you will:

  • Provide credit deal team support responsible for proper initiation and accuracy of loan documentation and pre-closing/closing tasks for direct and operating exposure.
  • Coordinate loan booking and closing activities to ensure consistent, timely and accurate credit delivery to our clients.
  • Develop expertise in bank policies, procedures, and compliance requirements and ensure adherence.
  • Book all operating exposure onto the applicable systems of record.
  • Evaluate and ensure accurate new and existing data in the systems of record.
  • Partner with managers to resolve issues and provide status updates on implementations.
  • Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.
  • Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
  • Verify compliance and report identified issues for resolution.

Required Qualifications:

  • Credit underwriting experience and related customer due diligence processes and credit documents.
  • Experience utilizing the nCino system.
  • Knowledge of booking and closing processes and credit systems such as LoanIQ, Salesforce and STARS.
  • Experience applying compliance and regulatory requirements, including Reg U, Reg W, Volker, QFC, CRR, Flood.
  • Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment.
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
  • Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.
  • Strong communication skills both verbal and written.
  • Excellent attention to detail, problem solving, and decision-making skills.
  • Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills.

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.

Summary Location: CITY OF LONDON, Type: Full time

Senior Commercial Loan Closing Specialist - Snr AVP in London employer: Wells Fargo

Wells Fargo is an excellent employer, offering a dynamic work culture that prioritises collaboration and innovation within the Corporate & Investment Banking Operations sector. Employees benefit from comprehensive growth opportunities, competitive compensation, and a commitment to professional development, all while working in a vibrant location that fosters both personal and career advancement.

Wells Fargo

Contact Details:

Wells Fargo Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Commercial Loan Closing Specialist - Snr AVP in London

Tap into Campus Networks

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We think you need these skills to ace Senior Commercial Loan Closing Specialist - Snr AVP in London

Credit Underwriting
Customer Due Diligence
Loan Documentation
nCino System
LoanIQ
Salesforce
STARS

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Wells Fargo.

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Research and Reflect:Before hitting that 'apply' button on Wells Fargo's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Wells Fargo

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Wells Fargo.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

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Network with Industry Professionals

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