Senior Loan Workout Specialist

About the role

Wells Fargo is seeking a Senior Loan Workout Specialist to join the Business Workout Department. In this role, you will lead a large portfolio of complex problem loans and contribute to strategic initiatives and deliverables within the Loan Workout functional area.

Responsibilities

• Lead large-scale planning related to strategy, technology, and efficiency deliverables.
• Ensure loans are structured and priced consistently with Bank policy and commensurate with risk.
• Review and research complex problem loan challenges requiring in-depth evaluation of multiple factors.
• Strategize and implement account development on complex problem loans.
• Negotiate creative structures to meet the needs of customers and the bank while minimizing risk exposure.
• Resolve complex issues and lead the Loan Workout team to meet functional area projects, processes, and deliverables.
• Leverage a solid understanding of functions, policies, procedures, and compliance requirements.
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.
• Work with in-house and outside counsel during litigation.
• Lead team projects and mentor less experienced staff.

Requirements

• 4+ years of Loan Workout or Commercial Lending experience, or equivalent demonstrated through work experience, training, military experience, or education.

Qualifications

• Commercial relationship management experience.
• Knowledge of commercial loan documentation.
• Financial analysis skills with attention to detail and accuracy.
• Leadership and mentoring skills.
• Developed professional verbal and written communication 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.

Location

2800 S Price Rd, Chandler, AZ. The required location for this position is listed above. Candidates must reside within a reasonable commute to the site location. Relocation assistance is not available for this position.