Job Summary

Wells Fargo is seeking a Commercial Loan Closing Associate

Responsibilities

In this role, you will:

- Assist with pre-close and post-close activities for commercial, commercial real estate and problem loans
- Coordinate loan closings with customers
- Perform customer, loan and regulatory diligence and on-going portfolio maintenance
- Evaluate and upload data into the systems of record
- Receive direction from manager and exercise independent judgment
- Ensure compliance with all bank policies, procedures and regulatory requirements
- Manage an assigned portfolio of loans
- 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

- 6+ months of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications

- Lead day-to-day execution of commercial loan on-boarding and funding activities in Loan IQ as a senior individual contributor.
- Create and maintain the Loan IQ deal and facility shell required to support Doc Prep stages and downstream processing.
- Develop a strong understanding of the end-to-end commercial loan lifecycle, including initiation, documentation, boarding, funding, servicing, and closing.
- Engage proactively with Sales and relevant partners to hand-hold each deal from initiation through closing, ensuring transparent ownership, timely follow-up, and issue resolution.
- Review approved credit documents, loan agreements, closing instructions, and source data to ensure accurate setup of borrowers, lenders, deals, facilities, tranches, commitments, pricing, fees, interest terms, and payment schedules.
- Process and validate new deals, amendments, restructures, extensions, renewals,



commitment changes, and other facility updates in Loan IQ.
- Provide expert oversight for complex transactions, for Bilateral, syndicated or participated facilities, restructures, refinancings, extensions, commitment changes, and nonstandard deal structures.
- Perform source-document-to-Loan-IQ and system-of-record validation, identify discrepancies, and coordinate timely correction before transaction completion.
- Review funding requests and validate facility availability, approved limits, funding amounts, conditions precedent, supporting documentation, and required approvals.
- Validate funding items, principal amounts, settlement details, standard settlement instructions, and payment instructions before funding release.
- Complete post-funding validation and reconciliation to confirm that transactions are accurately reflected in Loan IQ and applicable downstream systems.
- Perform maker-checker and quality-control reviews in accordance with delegated authority and established procedures.
- Monitor assigned workflow, transaction aging, cut-off times, service-level agreements, turnaround time, quality, and pending exceptions; coordinate priorities with the manager.
- Partner with Front Office, Credit, Legal/Documentation, Treasury, Technology, Quality Control, and downstream Operations teams to resolve transaction issues.
- Provide technical guidance, process support, peer reviews, knowledge sharing, and cross-training to improve team capability and coverage.
- Identify operational risks, recurring errors, control gaps, and process weaknesses, and recommend corrective and preventive actions.




- Maintain complete supporting documentation, system notes, approvals, and audit trails for all transactions.
- Support internal and external audits, risk assessments, control testing, procedure reviews, and remediation activities.
- Contribute to process improvements, automation, digitization, UAT, system enhancements, and initiatives that improve data quality, straight-through processing, and operational efficiency.
- Exercise independent judgment within established policies and escalate material credit, documentation, funding, operational, or compliance concerns promptly.
- Experience in Banking Operations, preferably within Commercial Lending, Wholesale Lending, Loan Closing, Loan Boarding, or Funding Operations.
- Hands-on experience with Loan IQ, particularly deal/facility boarding, loan setup, funding, amendments, and transaction validation.
- Good understanding of the end-to-end commercial lending lifecycle and common bilateral, syndicated, participated, or agented loan structures.
- Working knowledge of loan documentation, credit terms, facility structures, pricing, fees, interest calculations, payment instructions, and reconciliation.
- Strong understanding of operational risk, maker-checker controls, quality assurance, exception management, and audit requirements.
- Demonstrated ability to independently manage multiple priorities and complex or time-sensitive transactions under strict deadlines.
- Strong analytical, problem-solving, communication, stakeholder-management, and escalation-management skills.
- Proficiency in Microsoft Office applications, particularly Excel, Word, PowerPoint, and Outlook.
- Experience supporting process improvement, automation, UAT, or technology transformation is preferred.
- Candidates must be flexible to work in shifts aligned with U.S. business hours and support extended working hours during month-end and other critical business periods, as required.

📌 Commercial Loan Closing Associate (Bengaluru)
🏢 Wells Fargo
📍 Bengaluru