Wells Fargo
Senior Loan Workout Specialist
Wells Fargo is seeking a Senior Loan Workout Specialist in Small Business Operations. 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: Financial analysis skills with attention to detail and accuracy Customer relationship management experience Knowledge of commercial loan documentation 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 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 85286 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. 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. 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 commensurate with the business unit's risk appetite and all risk and compliance program requirements. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo. Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more. Wells Fargo Recruitment and Hiring Requirements: Third-Party recordings are prohibited unless authorized by Wells Fargo. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Wells Fargo is seeking a Senior Loan Workout Specialist in Small Business Operations. 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: Financial analysis skills with attention to detail and accuracy Customer relationship management experience Knowledge of commercial loan documentation 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 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 85286 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. 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. 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 commensurate with the business unit's risk appetite and all risk and compliance program requirements. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo. Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more. Wells Fargo Recruitment and Hiring Requirements: Third-Party recordings are prohibited unless authorized by Wells Fargo. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.