Lead Loan Workout Specialist at Wells Fargo
Phoenix, AZ 85029, USA -
Full Time


Start Date

Immediate

Expiry Date

26 Jul, 25

Salary

0.0

Posted On

27 Apr, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Training, Leadership

Industry

Financial Services

Description

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

WELLS FARGO RECRUITMENT AND HIRING REQUIREMENTS:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process

Required Qualifications:

  • 5+ years of Loan Workout, Commercial Lending experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educatio

Desired Qualifications:

  • Understanding of commercial loan compliance and control activities and requirements
  • Developed professional verbal and written communications skills
  • Customer relationship management experience
  • Leadership and mentoring skills
  • Knowledge of commercial loan documentatio
Responsibilities

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

In this role, you will:

  • Lead complex initiatives including those that are cross functional with broad impact
  • Work as a key participant in overseeing and providing technical expertise regarding commercial and real estate problem loans for the Loan Workout area
  • Restructure and renegotiate credits with customers, perform financial legal risk evaluations of credits
  • Review strategies and payment structures formulated by less experienced adjusters and formulate litigation strategy
  • Strategize and research complex multi-faceted, large-scale and long-term business challenges of the loan workout initiatives that require in-depth evaluation of multiple factors, including intangibles or unprecedented factors
  • Make decisions in complex and multi faceted situations of handling the problem loan portfolio initiatives, policies, procedures and compliance requirements
  • Lead work team to meet deliverables and drive new initiatives
  • Collaborate and consult with peers, colleagues and mid-level to more experienced managers to resolve sensitive issues and achieve goals
  • Lead projects, teams or serve as a peer mentor
  • Work with in house and outside Counsel during litigation

Required Qualifications:

  • 5+ 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:

  • Understanding of commercial loan compliance and control activities and requirements
  • Developed professional verbal and written communications skills
  • Customer relationship management experience
  • Leadership and mentoring skills
  • Knowledge of commercial loan documentation
Loading...