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Commerical Loan Closing Specialist

Wells Fargo
Wells Fargo Salary
Des Moines, IA Full Time
POSTED ON 6/12/2026
AVAILABLE BEFORE 7/11/2026
Why Wells Fargo

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 once again ranked in the top three - making us the #1 financial services employer - on the 2025 LinkedIn Top Companies list of best workplaces "to grow your career" in the U.S. Join us!

About This Role

Wells Fargo is seeking a Commercial Loan Closing Specialist in Vendor Finance as part of Commercial Banking Operations Division. This role serves as the operational checkpoint prior to funding, ensuring vendor finance loans are fully reviewed, accurately scheduled, and approved for closing. The team functions as the last line of defense before funding, authorizing final requirements and mitigating risks to ensure loans meet internal controls and compliance standards. Learn more about our career areas and lines of business at wellsfargojobs.com.

In This Role, You Will

  • Work pre-close 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

Required Qualifications:

  • 2 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:

  • 2 years of experience working with Siebel Row
  • Proficient in reading and understanding complex loan documentation
  • Ability to demonstrate interpersonal, organizational, and effective leadership skills
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Ability to interact with all levels of an organization, including management
  • Excellent critical thinking and problem-solving skills, as well as the ability to embrace and adapt to change
  • Exceptional verbal, written, and interpersonal communication skills
  • Intermediate Microsoft Office Suite skills (Word, Excel, Outlook)

Primary Posting Location:

  • 801 Walnut St, Des Moines, Iowa 50309

Job Expectations:

  • At least three days in the office at posted location.
  • Must be able to work additional hours as needed.
  • VISA Sponsorship is not available for this position.

Posting End Date:

13 Jun 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

  • Third-Party recordings are prohibited unless authorized by Wells Fargo.
  • Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Reference Number

R-550797

Salary.com Estimation for Commerical Loan Closing Specialist in Des Moines, IA
$85,951 to $115,028
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