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Wells Fargo Senior Loan Workout Specialist in DES MOINES, Iowa

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

About this role:

Wells Fargo is seeking a Senior Loan Workout Specialist in Commercial Collections as a part of Commercial Banking Operations Division. Learn more about our 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:

  • Collections experience

  • Commercial banking experience

  • Ability to identify root-cause issues/improvement opportunities, and design approaches/programs/products to improve overall quality assurance

  • Knowledge and understanding of Collections Operations

  • Experience delivering results in a fast-paced, deadline driven environment

  • Strong analytical skills with high attention to detail and accuracy

  • Excellent verbal, written, and interpersonal communication skills

  • Experience resolving and working through escalated and complex customer issues

  • Ability to organize and manage multiple priorities

  • Strong organizational, multi-tasking, and prioritizing skills

  • Proficient in Microsoft Office skills (Excel, Word, PowerPoint, Outlook, Teams)

Posting Location:

  • 801 Walnut St, Des Moines, IA 50309

  • 1150 W Washington St., Tempe AZ

  • 1050 Market Place, Irving, TX 75063

  • 600 S 4th St, Minneapolis, MN 55415

Posting End Date:

28 Jun 2024

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

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 US: 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.

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.

Company: WELLS FARGO BANK

Req Number: R-376868-1

Updated: Sat Jun 29 03:48:17 UTC 2024

Location: DES MOINES,Iowa

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