Wells Fargo
Financial Services
LeadLoanWorkoutSpecialist
Neural analysis suggests this role is
optimal for Lead candidates.
“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.
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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