Wells Fargo

Financial Services

LeadLoanWorkoutSpecialist

$115–165k ~AI est. San Antonio, Texas, United States FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Lead candidates.

The Brief

“Lead Loan Workout Specialist at Wells Fargo. Skills: Loan Workout, Commercial Lending, Credit restructuring, Litigation strategy. Lead complex initiatives. Provide technical expertise regarding commercial and real estate”

Industry & Context.

Financial Services
Problems you'll solve

Problem solving

What They're Looking For.

Must Have

5+ years Loan Workout experience, 5+ years Commercial Lending experience

Nice to Have

Commercial workout portfolio operational support experience, Commercial loan documentation knowledge, Leadership and mentoring skills, Developed professional verbal and written communications skills, Exposure to Wells Fargo AFS, Exposure to Wells Fargo eCaR, Exposure to Wells Fargo BLAST, Intermediate Microsoft Office skills

What You'll Do.

Lead complex initiatives

Provide technical expertise regarding commercial and real estate

Restructure credits with customers

Renegotiate credits with customers

Perform financial legal risk evaluations of credits

Review strategies formulated by less experienced adjusters

Formulate litigation strategy

Strategize business challenges of loan workout initiatives

Research business challenges of loan workout initiatives

Evaluate multiple factors for business challenges

Make decisions in complex situations of handling problem

Lead work team to meet deliverables

Drive new initiatives

Serve as a peer mentor

Work with Counsel during litigation

How You'll Work.

Team & Collaboration

Collaborate with peers; Consult with colleagues; Consult with managers; Work with Counsel

Communication Scope

Verbal communication; Written communication

Process & Methodology

Project leadership

Full Job Description

**About this role:** Wells Fargo is seeking a Lead Loan Workout Specialist to join Wells Fargo Business Workout Department. ****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 * Execute controls and procedures. ****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:**** * Experience in commercial workout portfolio operational support and processes * Experience managing compliance and controls * Knowledge of commercial loan documentation * Leadership and mentoring skills * Developed professional verbal and written communications skills * Exposure to Wells Fargo AFS (Automated Financial Systems) * Exposure to Wells Fargo eCaR (Enterprise Collections and Reco

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