Loan Workout Specialist

About This Role Wells Fargo is seeking a Loan Workout Specialist in Bankruptcy as part of the Commercial Banking Operations. Learn more about the career areas and business divisions at wellsfargojobs.com. In This Role, You Will Provide support to internal and external customers in complex initiatives relating to collection portfolios data to reduce delinquency and restructuring of loans within the Loan Workout functional areaEvaluate risk and analyze account information including financial statements and total relationshipCoordinate initial loan renewal process and negotiate with borrower or attorneys in order to determine workout solutionsRestructure supervised loans, recover charged off loans and research account equity to determine full or partial charge off or attend foreclosure saleConduct research and determine resolution for title and collateral perfection issuesReview and research complex operational challenges that require research, evaluation, and selection of alternatives related to low to medium risk deliverablesMonitor portfolio for policy compliance and adhere to risk rating Identify opportunities for process improvements within scope of responsibilities in Loan Workout areaPresent recommendations for resolving complex situations and exercise independent judgment while developing expertise in the functions, policies, procedures and compliance requirementsCoach and assist less experienced colleaguesProvide issue specific training and participate in departmental projectsCollaborate and consult with peers, colleagues and managers to resolve issues and achieve goals Required Qualifications 2+ years of Loan Workout, Commercial Lending experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications Collections experience2+ years of bankruptcy experienceCommercial banking experienceKnowledge and understanding of equipment finance and leasingAbility to interpret and comprehend complex legal documentsStrong attention to detail, including accuracy in grammar and a sharp focus on eliminating errorsStrong analytical skills with high attention to detail and accuracyAbility to manage a pipeline of work from assignment to completionExcellent verbal, written, and interpersonal communication skillsExperience interacting positively with difficult or irate customersExperience resolving and working through escalated and complex customer issuesAbility to organize and manage multiple prioritiesStrong organizational, multi-tasking, and prioritizing skills Job Expectations This position is not eligible for Visa sponsorshipCandidate must be based out of posted locationThis position offers a hybrid work scheduleRelocation assistance is not available for this positionAbility to work additional hours as needed Posting Location: Chandler, AZ Posting End Date 28 Oct 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. 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 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. 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-582843