Commercial Loan Closing Associate - Bengaluru, Karnataka, India - Wells Fargo

Wells Fargo

Verified Company

Bengaluru, Karnataka, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

About this role:

Wells Fargo is seeking a Commercial Loan Closing Associate

In this role, you will:

Work preclose documents for moderately complex to complex commercial loans
Coordinate all aspects of loan closings
Perform customer, loan, and regulatory diligence.
Accurately evaluate and upload data into the systems of record
Ensure compliance with all bank policies, procedures, and regulatory requirements.
Review and prepare complex loan documents
Coordinate legal activities for loan documentation that may include
Document purchased from third party sources, with internal staff and the Corporate Legal group
Serve as primary liaison between Credit, Sales, and Legal departments
Work collaboratively with Credit, Sales and Legal regarding proper procedures and documentation requirements necessary to ensure accuracy with negotiated terms and ensure alignment with appropriate compliance standards
Review and negotiate complex legal documentation, evaluate risks, devise strategies to mitigate documentation risk and identifying procedural modifications
Provide guidance and training to peers
Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals.
Interact with internal customers
Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
Interpret data and analyze results using bank's operating system.
Identify process Gaps/exceptions and recommending possible solutions.

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Eligibility:

Minimum 8 Years of work experience in Banking Operations from a reputed Organization preferably in Wholesale Lending Operations.
Strong written and verbal communication to effectively communicate with various stakeholders and across levels.
Good understanding of varieties of loan/lease documents and loan life cycle.
Attention to details & problemsolving skills.
Good at stakeholder relationship & time management.
MS office skills (Word, PowerPoint, Excel and Outlook).
High level of proficiency in organizing, priority setting & issue management.
Understanding of Siebel Application is an added advantage.

Posting End Date:

Job posting may come down early due to volume of applicants.

We Value Diversity

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.

Applicants with Disabilities

Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.