Senior Commercial Loan Closing Representative at Wells Fargo

Taguig, Metro Manila, Philippines -

Full Time

Start Date

Immediate

Expiry Date

20 Jun, 26

Salary

0.0

Posted On

23 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Commercial Loan Closing, Document Review, Collateral Review, Legal Agreements, Credit Approvals, System Booking, Accounting Systems, Risk Escalation, Process Improvement, Data Uploading, Compliance, Subject Matter Expertise, Interpersonal Skills, English Comprehension, Loan Accounting, Bookkeeping

Industry

Financial Services

Description

About this role: Wells Fargo is seeking a Senior 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. We believe in the power of working together because great ideas can come from anyone. Through collaboration, any employee can have an impact and make a difference for the entire company. Explore opportunities with us for a career in a supportive environment where you can learn and grow. In this role, you will: Perform moderate to highly complex transactions, including quality check or verification Set-up and approval of funding provided with document execution and booking in the system of contracts in the system of record. Review of lease and load documentation, pricing information, system coding and collateral details Booking of contracts of various portfolio or products Escalate any issues or potential risk to senior team member or SME or team lead Support performance of less experienced staff and overall effectiveness of team Provide feedback and present ideas for improving or implementing processes and tools within Commercial Loan Closing Evaluate and upload data into the systems of record to ensure compliance with all bank policies, procedures and regulatory requirements Provide subject matter expertise and interpretation of procedures to less experienced individuals Interact with immediate team and Commercial Loan Closing Interact with internal customers Required Qualifications: 4+ 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: 4+ years relevant working experience in the field of accounting, finance preferably in General Accounting, Accounts Receivable accounting, Loan accounting, Bookkeeping 3 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 Proficient in Microsoft Office MBA, CPA, CMA, CFA is an advantage Job Expectations: Must be willing to work on a night shift schedule Must be willing to work on Philippine holidays Posting End Date: 30 Mar 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 & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 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. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo For questions on how to search and apply, visit our frequently asked questions.

How To Apply:

Incase you would like to apply to this job directly from the source, please click here

Responsibilities

This role involves assembling, preparing, and reviewing commercial closing documents for loans and transactions, followed by the initial boarding and funding of these deals onto accounting systems of record. Responsibilities include performing complex transaction checks, setting up funding, reviewing documentation like leases and loan details, and ensuring system coding and collateral details are accurate.