Senior Credit Resolution Specialist | Commercial Credit Workout

Wells Fargo•Minneapolis, MN

1d•$119,000 - $206,000•Hybrid

About The Position

Wells Fargo is seeking a Senior Credit Resolution Specialist to serve as a Relationship Manager for challenged credit relationships across the Mid Corporate and Corporate and Investment Banking (CIB) sectors. The portfolio includes private and public companies, often with complex capital structures. The role manages borrower relationships, assesses credit risk, and develops and executes resolution strategies to mitigate risk and maximize repayment and recovery outcomes. It calls for strong credit and financial analysis skills, sound judgment, and the ability to navigate complex financial situations while partnering effectively with borrowers, financial sponsors, lenders, advisors, and internal stakeholders. The position currently offers a hybrid work schedule and must be performed from one of the approved locations listed in the posting: Charlotte, North Carolina; Minneapolis, Minnesota; or Tempe, Arizona. It is not eligible for visa sponsorship.

Requirements

4+ years of Credit Resolution experience, or equivalent demonstrated through one or a combination of work experience, training, military experience, or education.
Ability to work from one of the approved locations listed in the job posting.
Strong analytical and problem-solving skills, including the ability to synthesize complex financial and credit information and develop clear, actionable recommendations.
Ability to manage multiple relationships, balance competing priorities, meet deadlines, and deliver results in a fast-paced environment.
Strong verbal and written communication, negotiation, and stakeholder management skills.
Proficiency in Microsoft Office applications, including Excel, PowerPoint, Outlook, and Word.
Bachelor’s degree in Accounting, Finance, Economics, or a related field.

Nice To Haves

Experience in commercial or corporate lending, credit underwriting, portfolio management, workout, special assets, restructuring, or credit resolution.
Experience managing borrower relationships and working directly with company management, financial sponsors, lenders, and advisors.
Experience analyzing private and public companies with complex capital structures, including syndicated loans and multiple classes of debt.
Ability to evaluate financial statements, cash flow projections, liquidity, enterprise value, collateral coverage, and recovery scenarios.
Working knowledge of loan documentation, including credit agreements, collateral documents, guarantees, and intercreditor agreements.
Experience developing and negotiating amendments, waivers, forbearance agreements, restructurings, and other credit resolution transactions.

Responsibilities

Serve as Relationship Manager for a portfolio of challenged Mid Corporate and CIB credit relationships, engaging directly with company management, financial sponsors, and other key stakeholders.
Develop, recommend, and execute credit resolution strategies, including amendments, restructurings, refinancings, asset sales, and other repayment or recovery alternatives.
Evaluate company financial performance, liquidity, cash flow, business plans, collateral, and debt-service capacity to identify risks and assess resolution alternatives.
Analyze complex capital structures, including syndicated facilities, multiple debt tranches, lien priorities, and intercreditor arrangements, to assess lender protections and potential recoveries.
Lead borrower discussions and coordinate negotiations with lenders, legal counsel, financial advisors, and internal partners.
Prepare and present credit recommendations, risk assessments, and relationship updates to management and appropriate approval authorities.
Monitor borrower performance, covenant compliance, and progress against resolution milestones, recommending timely action as conditions evolve.
Exercise sound judgment within delegated authority and in accordance with Credit Resolution policies, procedures, and applicable regulatory requirements.
Partner across Credit Resolution, Mid Corporate, CIB, Risk, Legal, and other functions to manage relationships and achieve resolution objectives.
Contribute to cross-functional initiatives, share expertise, and support the continued development of Credit Resolution best practices.
Fulfill applicable risk and compliance program obligations, follow company policies and procedures, escalate and remediate issues, and make sound risk decisions.