What are the responsibilities and job description for the Senior Lead Commercial Loan Closing Specialist, Asset Based Lending - Deal Closing position at Wells Fargo?
About This Role
Wells Fargo is seeking a Senior Lead Commercial Loan Closing Specialist for the Capital Finance Lending Fulfillment Line of Business. The Senior Lead within Capital Finance Operations will serve as a strategic leader supporting Loan Closing, Central ABL Portfolio Support (Onboarding and Modifications), and Deposit Account Control Agreement (DACA) operations. This role is responsible for driving cross-functional initiatives, aligning operational execution with organizational priorities, and ensuring consistent support across multiple business functions within Capital Finance Operations.
In this highly visible position, the Senior Lead will partner with senior leaders and key stakeholders to execute strategic priorities, influence operational outcomes, and identify opportunities to enhance processes, controls, and client experience. The role requires strong business acumen, the ability to navigate complex operational challenges, and a focus on delivering sustainable solutions that support business growth and risk management objectives.
The Senior Lead will also provide subject matter expertise for Lending Fulfillment operations, leading efforts to resolve complex issues, manage escalations, and respond to high-priority executive and business inquiries. Additionally, the role will play a critical part in developing operational capability through training, knowledge transfer, and guidance to support evolving business needs, regulatory requirements, and organizational change.
This position requires exceptional relationship management, strategic thinking, and the ability to influence outcomes across a broad stakeholder network while driving excellence in operational execution.
Learn more about the career areas and business divisions at wellsfargojobs.com.
In This Role, You Will
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities. $119,000.00 - $224,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
29 Sep 2026
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.
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
R-567885-1
Wells Fargo is seeking a Senior Lead Commercial Loan Closing Specialist for the Capital Finance Lending Fulfillment Line of Business. The Senior Lead within Capital Finance Operations will serve as a strategic leader supporting Loan Closing, Central ABL Portfolio Support (Onboarding and Modifications), and Deposit Account Control Agreement (DACA) operations. This role is responsible for driving cross-functional initiatives, aligning operational execution with organizational priorities, and ensuring consistent support across multiple business functions within Capital Finance Operations.
In this highly visible position, the Senior Lead will partner with senior leaders and key stakeholders to execute strategic priorities, influence operational outcomes, and identify opportunities to enhance processes, controls, and client experience. The role requires strong business acumen, the ability to navigate complex operational challenges, and a focus on delivering sustainable solutions that support business growth and risk management objectives.
The Senior Lead will also provide subject matter expertise for Lending Fulfillment operations, leading efforts to resolve complex issues, manage escalations, and respond to high-priority executive and business inquiries. Additionally, the role will play a critical part in developing operational capability through training, knowledge transfer, and guidance to support evolving business needs, regulatory requirements, and organizational change.
This position requires exceptional relationship management, strategic thinking, and the ability to influence outcomes across a broad stakeholder network while driving excellence in operational execution.
Learn more about the career areas and business divisions at wellsfargojobs.com.
In This Role, You Will
- Review highly complex loan documentation
- Advise on complex onboarding of new and loan modifications for Capital Finance Asset Based Lending (ABL) clients on the LUCAS loan system
- Advise on access request issues in the Wells Fargo CEO portal
- Interact with cross-functional leaders including underwriting, portfolio, legal (in-house and external), collateral analysts, deal closing, letters of credit, tax reporting, operational risk, and loan servicing teams
- Assist in efforts to create, update, and/or certify team procedures, job aids, and user guides
- Participate in UAT and BCP testing events
- Become subject matter expert on all lines of business and provide guidance to other team members
- Support reduction of outstanding regulatory deliverables by executing against milestones and continue to strengthen risk and control infrastructure
- Complete monthly metrics reporting
- Identify themes and trends in metrics to improve team accuracy and identify subjects for refresher training
- Partner with upstream and downstream stakeholders to ensure requests are completed timely and accurately
- Assist with operational adjustment research and reporting, including identification of prevention measures
- 7 years of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Asset Based Lending experience
- Degree in Finance, Business, Economics or Law preferred
- Paralegal and/or finance experience
- Strong understanding of LUCAS (Loan Underwriting Collateral Analysis System) and CLIC (Client Loan Information Criteria) application or similar systems
- Proficient in reading and understanding complex loan documentation and/or credit agreements
- Deep understanding of ABL cash management and Deposit Account Control Agreements
- Project Management experience
- Demonstrated organizational and prioritization skills, with the ability to manage multiple and competing priorities
- Demonstrated leadership skills including relationship building, partnering and collaboration skills with clear ability to influence, gain buy-in and negotiate with a diverse group of key business partners/stakeholders including senior leaders
- Strong analytical skills with keen attention to detail with ability to draw conclusions and translate findings
- Proven experience working in Agile project environment
- Experience with AI applications and implementation
- Ability to work effectively, as well as independently, in a team environment
- Excellent communication skills, both written and verbal, to articulate complex concepts in a clear manner
- Advanced Proficiency in Microsoft 365, especially Word, Excel and Outlook
- This position will work standard business hours, Monday through Friday, 8:00am - 5:00pm
- This position will work a hybrid schedule - 3 days in office, 2 remote
- This position may be located at one of the posted locations listed below and relocation benefits are not available for this role
- Visa sponsorship is not available for this position
- 1525 W WT Harris Blvd Charlotte, NC
- 401 Las Colinas Blvd Irving, TX
- 1800 Century Park E, Los Angeles, CA
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities. $119,000.00 - $224,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
29 Sep 2026
- Job posting may come down early due to volume of applicants.
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.
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.
R-567885-1