Loan Workout Associate

Loan Workout Associate

Wells Fargo is seeking a Loan Workout Associate. In this role, you will provide support to internal and external customers in moderately complex initiatives relating to collection portfolio data to reduce delinquency and restructuring of loans within the Loan Workout functional area. You will research credit or account information, perform skip tracing, review workout and restructure problem loans and payment plans, research vendor program remedies and recourse to determine loss projections, and review low complexity collection portfolio or customer issues, processes, policies and procedures for which answers can be quickly obtained related to deliverables with narrower impact. You will utilize solid understanding of company policies, procedures and collection systems, adhere to risk ratings and compliance matters, identify opportunities for process improvements in Loan Workout area, receive direction from supervisor and exercise judgment within defined parameters while developing understanding of Loan Workout functions, policies, procedures, and compliance requirements, and collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals.

Required qualifications include 6+ months 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 include intermediate Microsoft Office skills, developed professional verbal and written communications skills, exposure to BDCMS, CPS, XPM, exposure to Wells Fargo FDR & eCaR (Enterprise Collections and Recovery) system, and familiarity with small business loan documentation.

This position offers a hybrid work schedule. Work schedule - Monday - Friday - 7 : 00 a.m. to 3 : 30 p.m. with flexibility. Location : 11601 N. Black Canyon Hwy, Phoenix, AZ 85029. Required location(s) for this position as listed in job posting. Candidate must reside within a reasonable commute to the site location. Relocation assistance is not available for this position. Depending on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo Bank.

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.