Senior Loan Workout Specialist

About this role:

Wells Fargo is seeking a Senior Loan Workout Specialist in Small Business Operations. Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will:

• 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

Required Qualifications:

• 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

Desired Qualifications:

• Intermediate Microsoft Office 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
• Customer relationship management experience
• Knowledge of commercial loan documentation
• Leadership and mentoring 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

2800 S Price Rd. Chandler, AZ

Schedule: Monday - Friday 8:00am-5:00pm

Required location(s) for this position as listed in job posting.  Candidate must reside within a reasonable commute to the site location. Relocation assistance is not available for this position.

Posting End Date: 

20 Jan 2025

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, dis