Lead Loan Workout Specialist

Lead Loan Workout Specialist

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

In this role, you will:

• Lead complex initiatives including those that are cross functional with broad impact
• Work as a key participant in overseeing and providing technical expertise regarding commercial and real estate problem loans for the Loan Workout area
• Restructure and renegotiate credits with customers, perform financial legal risk evaluations of credits
• Review strategies and payment structures formulated by less experienced adjusters and formulate litigation strategy
• Strategize and research complex multi-faceted, large-scale and long-term business challenges of the loan workout initiatives that require in-depth evaluation of multiple factors, including intangibles or unprecedented factors
• Make decisions in complex and multi faceted situations of handling the problem loan portfolio initiatives, policies, procedures and compliance requirements
• Lead work team to meet deliverables and drive new initiatives
• Collaborate and consult with peers, colleagues and mid-level to more experienced managers to resolve sensitive issues and achieve goals
• Lead projects, teams or serve as a peer mentor
• Work with in house and outside Counsel during litigation
• Execute controls and procedures.

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

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

Location:

• 11601 N. Black Canyon Hwy, Phoenix, AZ 85029

Required location for this position is listed above. Candidate must reside within a reasonable commute to the site location. Relocation assistance is not available for this position.

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.