16 Aug
|
Wells Fargo
|
Bengaluru
16 Aug
Wells Fargo
Bengaluru
About this role:
Wells Fargo is seeking a Commercial Loan Closing Representative
In this role, you will:
Support pre-close documents for moderately complex to complex commercial loans
Seek ways to improve aspects of loan closing and process's
Perform moderately complex legal activities for loan documentation that may include Documents purchased from third party sources, internal staff and corporate legal groups
Review and prepare complex loan documents
Receive direction from supervisor and escalate non-routine questions
Review and negotiate complex legal documentation, evaluate risks, devise strategies to mitigate documentation risk and identify procedural modifications
Interact with immediate team and Commercial Loan Closing group as well as Interact with internal customers
Validate flood determinations using approved third-party vendors
Conduct FDPA (Flood Disaster Protection Act) compliance reviews for both high-risk and low-risk transactions.
Perform flood determination validation using internal systems or approved third-party vendors.
Review credit agreements,
loan documents, and collateral records to identify flood insurance requirements and compliance obligations.
Evaluate flood insurance policies to ensure:
Adequate coverage amounts (loan balance, insurable value, NFIP limits)
Accuracy of borrower/lender details
Policy validity, effective dates, and renewals
Differentiate and prioritize high-risk vs low-risk events, ensuring appropriate depth of review and escalation where required.
Identify documentation gaps, policy deficiencies, and compliance exceptions, and track them to resolution.
Maintain proper documentation and audit trails to support regulatory and internal audits.
Ensure compliance with FDPA, FEMA, and NFIP guidelines, as well as internal risk and compliance policies.
Coordinate closely with Deal Teams, Middle Office Operations, and other stakeholders to ensure timely completion of reviews, especially under tight timelines aligned with loan clos
📌 Commercial Loan Closing Representative (Bengaluru)
🏢 Wells Fargo
📍 Bengaluru