Loan Workout Manager
About This Role
Wells Fargo is seeking a Loan Workout Manager to join the Wells Fargo Business Workout Department. In this role, you will manage and develop a team of individual contributors with low to moderate complexity and risk in the Loan Workout functional area. Engage stakeholders and internal partners associated with the functional area. Manage units engaged in loss prevention and recovery of potential and actual loan losses. Assist in litigation process, administer credit policy, loan restructuring or charge off activities. Make recommendations when loan size exceeds authorized charge off limits. Identify review of legal structure, appraised valuation and market data on assets. Ensure adherence to policies and procedures for loan restructuring and rehabilitation. Identify and recommend opportunities for process improvement and risk control development while overseeing assigned portfolio of classified assets. Make decisions and resolve issues regarding resources, objectives and operations within the Loan Workout functional area and team to meet business objectives. Interpret and develop policies and procedures for functions with low to moderate complexity. Provide training and guidance to less experienced staff. Collaborate and influence all levels of professionals including more experienced managers. Lead team to achieve objectives. Manage allocation of people and financial resources for the Loan Workout group. Mentor and guide talent development of direct reports and assist in hiring talent.
Required Qualifications
- 5+ years of Loan Workout, Commercial Lending experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 2+ years of Leadership experience
Desired Qualifications
- Commercial relationship management experience
- Knowledge of commercial loan documentation
- Leadership and mentoring skills
- Financial analysis skills with attention to detail and accuracy
- Developed professional verbal and written communications skills
- Exposure to Wells Fargo AFS (Automated Financial Systems)
- Exposure to Wells Fargo eCaR (Enterprise Collections and Recovery) system
- Exposure to Wells Fargo BLAST (Business Lending and Sales Tracking) system
- Intermediate Microsoft Office skills
Job Expectations
- This position is not eligible for Visa Sponsorship.
- This position offers a hybrid work schedule.
- Candidates must reside within a reasonable commute to the site location.
- Relocation assistance is not available for this position.
Posting End Date
12 Jul 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.
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-550063-2