Credit and Collections Specialist
$153k - $239kWells Fargo
Are you looking for more? Find it here. At Wells Fargo, we're more than a financial services leader were a global trailblazer committed to driving innovation, empowering communities, and helping our customers succeed. We believe that a meaningful career is much more than just a job its about finding all of the elements to help you thrive, in one place. Living the Well Life means youre supported in life, not just work. It means having robust benefits, competitive compensation, and programs designed to help you find work-life balance and wellbeing. Youll be rewarded for investing in your community, celebrated for being your authentic self, and empowered to grow. And were recognized for it Wells Fargo continues to rank on the LinkedIn Top Companies lists of best workplaces to grow your career. Join us!About this role:Wells Fargo is seeking a Lead Credit Resolution Specialist for its Credit Resolution Group. This role is responsible for leading the evaluation and resolution of a high-risk, large-scale portfolio of criticized and classified credits and products within Equipment and Vendor Finance. The Lead Credit Resolution Specialist will leverage expertise to develop forward-looking solutions that balance risk, recovery, and business objectives. The position requires both strategic vision and hands-on leadership, with responsibility for influencing decisions among multiple stakeholders while navigating complex financial, legal, and operational considerations. Success in this role requires delivering impactful, sustainable resolutions and serving as a trusted steward on critical credit matters across the organization.In this role, you will:Lead complex initiatives including those that are cross-functional with broad impact and act as key participant in large-scale planning for Credit Resolution functional areaProvide vision, direction and expertise to leadership on implementing innovative and significant business solutions that are large-scale cross-functional or enterprise-wide strategiesReview and analyze complex, multi-faceted, large-scale, and long-term business, operational, or technical challenges that require in-depth evaluation of multiple factors including intangibles or unprecedented factorsMake decisions in complex and multi-faceted situations requiring understanding of Credit Resolution functional area, policies, procedures, and compliance requirements that influence and lead a broader work team to meet deliverables and drive new initiativesCollaborate and consult with Credit Resolution peers, colleagues, and middle to more experienced managers to resolve issues and achieve goalsLead Credit Resolution projects and teams, or serve as a peer mentorRequired Qualifications:5+ years of Credit Resolution experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:BA/BS degree in a discipline such as accounting, finance, and or economics.Experience in commercial or corporate lending in a credit intensive role.Prior commercial or corporate workout, special asset, or credit resolution experience under a regulated environment.Good understanding of loan documentation including credit agreements, intercreditor agreements, and ancillary legal documents.Ability to gather, analyze, package, and present analytical findings in an insightful and logical manner to internal stakeholders and senior management.Strong analytical skills with high attention to detail and accuracy.Ability to prioritize work, meet deadlines, and achieve goals in a dynamic environment.Demonstrated problem solving and decision-making skills.Strong verbal and written communication skills in managing complex internal and external partners and customers relationships. Advanced MS Office Suite product skills to include (MS Excel, MS PowerPoint, MS Outlook, MS Word, Team)?Job Expectations:Travel up to 10% Willingness to work on-site at stated location on the job openingThis position is not eligible for Visa sponsorshipThis position offers a hybrid work scheduleSpecific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.Locations:2700 S Price Rd CHANDLER, AZ 8528683 Wooster Hts DANBURY, CT 06810600 S 4th St MINNEAPOLIS, MN 55415401 Las Colinas Blvd W Bldg B IRVING, TX 75039801 Walnut St DES MOINES, IA 50309Additional information:Minneapolis, MN Pay Range: $153,000-$239,000 USD annual (this range may not be applicable to other locations)Danbury, CT Pay Range: $167,000-$260,000 USD annual (this range may not be applicable to other locations)#CommercialBankingPay RangeReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.$139,000.00 - $260,000.00Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.Health benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursementPosting End Date:25 Jul 2026*Job posting may come down early due to volume of applicants.We Value Equal OpportunityWells 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 units risk appetite and all risk and compliance program requirements.Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.Wells Fargo Recruitment and Hiring Requirements:a. Third-Party recordings are prohibited unless authorized by Wells Fargo.b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.SummaryLocation: CHANDLER, AZ; DES MOINES, IA; IRVING, TX; DANBURY, CT; MINNEAPOLIS, MNType: Full time
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