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:

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.

Posting End Date: 

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

We Value Equal Opportunity

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. 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 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.

Applicants with Disabilities

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

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

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.