Credit Resolution Specialist | Commercial Credit Workout

Wells Fargo•Minneapolis, MN

2d•$77,000 - $133,000•Hybrid

About The Position

Join the Credit Resolution team and manage a portfolio of criticized and classified commercial credits across Wholesale Banking. Assess company financial performance and creditworthiness, analyze industry trends, and make recommendations supporting strategic credit decisions. Evaluate business, operational, and risk-related challenges, develop solutions to complex credit situations, and contribute to risk mitigation strategies. The role involves working with relationship managers, stakeholders, and clients while building expertise in credit resolution, regulatory compliance, and risk management. The position currently offers a hybrid work schedule and must be performed from one of the approved locations: Charlotte, North Carolina; Minneapolis, Minnesota; or Tempe, Arizona. Relocation assistance and visa sponsorship are not available. Employees may be subject to compliance policies concerning outside business activities and personal investing.

Requirements

At least 2 years of Credit Resolution experience, or equivalent experience demonstrated through work, training, military experience, education, or a combination of these.
Ability to work from one of the approved locations listed in the posting.
Strong analytical capabilities and sound judgment.
Ability to collaborate and build trusted partnerships with relationship managers, stakeholders, and clients.

Nice To Haves

At least 2 years of commercial or corporate lending experience in a credit-intensive role.
BA/BS degree in Accounting, Finance, Economics, or a related discipline.
Prior experience in commercial or corporate workouts, special assets, or credit resolution.
Working knowledge of loan documentation, including credit agreements, intercreditor agreements, and related legal documents.
Ability to gather, analyze, package, and present findings clearly, logically, and insightfully.
Strong analytical skills and exceptional attention to detail and accuracy.
Ability to prioritize competing responsibilities, meet deadlines, and achieve goals in a dynamic environment.
Demonstrated problem-solving and decision-making capabilities.
Strong verbal and written communication skills.
Proficiency in Microsoft Office applications, including Excel, PowerPoint, Outlook, and Word.

Responsibilities

Manage a portfolio of criticized and classified assets consisting of less complex credits and products across Wholesale Banking lines of business.
Analyze company and industry performance and provide recommendations to senior relationship managers.
Research and assess business, operational, and technical challenges and alternative solutions to support moderately complex risk-related deliverables.
Develop and present recommendations to resolve complex credit situations.
Build expertise in Credit Resolution policies, procedures, and regulatory requirements.
Collaborate with Credit Resolution partners, internal stakeholders, and customers to support effective risk management and portfolio outcomes.
Follow applicable risk and compliance programs, policies, and procedures; fulfill risk and compliance obligations; and escalate and remediate issues appropriately.