Job Description

About this role:

Wells Fargo is seeking a Commercial Loan Closing Specialist...

In this role, you will:

• Reviewing moderately complex legal, appraisal and title information;
• Prepare loan documentation; coordinating loan closing;
• Initiating loan disbursements; monitoring disbursement process and credit limits; ensuring all files and procedures are in compliance with government regulations and Bank policies;
• Record keeping of loan related documents; conducting periodic audits of loan files;
• Possess the ability to accurately interpret the Credit Agreement in determining allowance of requested transactions, and assure that all conditions of each request have been fully satisfied before authorizing the transaction.
• Answer all inquiries from LOB Relationship Managers/Associates in reference to the structure and current position of the portfolio in consultation with the relationship managers.
• Interact with Relationship Managers, Syndications, and other internal customers when required, both in advising them of situations and in fulfilling requests for information.
• Utilizing the core Wells Fargo lending system (Loan IQ), maintain the integrity of the structure of the credit facility at the global borrower and individual level.
• Responsible for the accuracy of all bookings, calculations, record keeping, documentation filing and providing explanations to borrowers/syndicate members.
• Responsible to reconcile transactions for completion, address and resolve any non-balanced transactions.
• Provide training and guidance to less experienced loan administrators.
• Able to coordinate with the technology teams on system roll out for other branches
• Work with Technology teams on system upgrades, UAT roll outs
• Reviewing moderately complex legal, appraisal and title information;
• Prepare loan documentation; coordinating loan closing;
• Initiating loan disbursements; monitoring disbursement process and credit limits; ensuring all files and procedures are in compliance with government regulations and Bank policies;
• Record keeping of loan related documents; conducting periodic audits of loan files;
• Possess the ability to accurately interpret the Credit Agreement in determining allowance of requested transactions, and assure that all conditions of each request have been fully satisfied before authorizing the transaction.
• Answer all inquiries from LOB Relationship Managers/Associates in reference to the structure and current position of the portfolio in consultation with the relationship managers.
• Interact with Relationship Managers, Syndications, and other internal customers when required, both in advising them of situations and in fulfilling requests for information.
• Utilizing the core Wells Fargo lending system (Loan IQ), maintain the integrity of the structure of the credit facility at the global borrower and individual level.
• Responsible for the accuracy of all bookings, calculations, record keeping, documentation filing and providing explanations to borrowers/syndicate members.
• Responsible to reconcile transactions for completion, address and resolve any non-balanced transactions.
• Provide training and guidance to less experienced loan administrators.
• Able to coordinate with the technology teams on system roll out for other branches
• Work with Technology teams on system upgrades, UAT roll outs

Required Qualifications:

• Colleague degree or above with a minimum of 5 to 7 years\' experience in Loan Admin

Job Expectations:

• Good understanding of LIQ system and proven track record of having worked on system roll out, UAT etc.
• 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
• Strong computer skills including MS Office, Outlook, Word and Excel
• Fluent in both verbal and written English
• Good command of spoken and written Chinese
• Pleasant personality, good proactive customer service skills
• Able to work on Singapore public holiday as required

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, 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.

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