Senior Loan Workout Specialist

Wells Fargo is seeking a Senior Loan Workout Specialist to join the Business Workout Department.

About the role

In this role, you will:

• Lead a large portfolio of complex problem loans in initiatives and deliverables within the Loan Workout functional area
• Contribute to 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 that require an 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 the 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, Commercial Lending experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Qualifications

Desired 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 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

Schedule

This position offers a hybrid work schedule.

Location

401 S Tryon St, Charlotte, NC. The candidate must reside within a reasonable commute to the site location. Relocation assistance is not available for this position.

This position is not eligible for Visa Sponsorship.