Senior Loan Workout Specialist

Wells Fargo•Chandler, AZ

2d•Hybrid

About The Position

Wells Fargo is seeking a Senior Loan Workout Specialist to join Wells Fargo Business Workout Department. In this role, you will lead a large portfolio of complex problem loans, contributing to initiatives and deliverables within the Loan Workout functional area. You will also contribute to large-scale planning related to strategy, technology, and efficiencies. A key part of the role involves ensuring loans are structured and priced consistently with Bank policy and commensurate with risk, reviewing and researching complex problem loan challenges that require in-depth evaluation of multiple factors, and strategizing and implementing account development on complex problem loans. You will 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. This role requires leveraging a solid understanding of the functions, policies, procedures, and compliance requirements, collaborating and consulting with peers, colleagues, and managers to resolve issues and achieve goals, and working with in-house and outside counsel during litigation. Additionally, you will 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

Nice To Haves

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) system
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

Responsibilities

Lead 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 efficiencies 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 needs of customers and bank while minimizing risk exposure
Resolve complex issues and lead Loan Workout team to meet functional area projects, processes and deliverables
Leverage 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