At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

About this role:

Wells Fargo is seeking a Senior Commercial Loan Closing Specialist in Commercial Capital Operations as a part of our Commercial Banking Operations Division. Learn more about our career areas and lines of business at wellsfargojobs.com.

The WFCF Deposit Account Control Agreement (DACA) Specialist is responsible for DACA processes which includes working with bank and credit relationship managers, internal counsel, external counsel, clients, RCBOs, second lien lenders, and Capital Finance treasury officers to complete the drafting, amending, negotiating, reviewing, and terminating DACAs, updating system of records, and ensuring systematic controls are in place

In this role, you will:

• Review implementation submissions for restrictions to be entered into HOGAN

• Review treasury management account structures for accuracy

• Maintain strong working relationships with business partners

• Assist with periodic audits of DACA files, SharePoint worksite, and OneView

• Lead a variety of pre-close activities for moderately complex to complex commercial loans, including coordinating all aspects of loan closings

• Accurately evaluate and upload data into the systems of record to ensure compliance with all bank policies, procedures and regulatory requirements

• Document and coordinate legal activities for loan documentation that may also include documentation purchased from third party sources, with internal staff and the Corporate Legal group

• 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, develop strategies to mitigate documentation risk and identify procedural modifications

• Serve as an escalation point in the resolution of client issues

• Conduct quality reviews and monitor key performance metrics as related to efficiencies and effective processes

• Identify activities of the team to ensure conformity with established procedures

• 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:

• 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:

• Degree in Finance, Business, Economics or Law preferred

• Paralegal and/or finance experience

• Knowledge of Deposit Account Control Agreements (DACAs) and cash management systems

• Working knowledge of HOGAN, Precise, and WICE requests

• Treasury management product knowledge

• Experience in treasury management

• Experience in Asset Based Lending

• Excellent verbal, written, and interpersonal communication skills

• Ability to work effectively, as well as independently, in a team environment

• Effective organizational, multi-tasking, and prioritization skills

• Sound knowledge of Microsoft Office (Word, Excel, & Outlook)

Job Expectations:

• Candidates must be willing to work additional hours as needed

• Candidate must work a hybrid model reporting to one of the posted locations

Posting Location:

• 5000 Riverside Rd, Irving, Texas 75039

Additional Posting Location:

• 1525 W W T Harris Blvd, Charlotte, North Carolina 28262-8522

#Commercialbanking

Posting End Date:

18 Mar 2025

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

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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.

Req Number: R-429349