Job Description

**About this role:** Wells Fargo is seeking a **Senior Lead Credit Resolution Specialist** for its Credit Resolution Group. The Credit Resolution Group resides within Corporate Risk and works directly with the Commercial Banking and Corporate & Investment Banking lines of business to both identify and manage lending relationships in distress. These high-risk client relationships are transitioned to the Credit Resolution Group to manage the recovery of Wells Fargo's capital through early intervention and restructuring of distressed assets. The Credit Resolution Group is a sub-group of Commercial Workout and is responsible for timely resolution of problem credits primarily from Commercial Banking and Corporate & Investment Banking. **In this role, you will:** + Manage a portfolio of distressed credit exposure as the primary workout officer, as well as providing advice to the line of business regarding stressed relationships not yet transferred to workout. + Lead discussions and negotiations with Commercial Workout customers, with support as needed from workout managers. + Analyze key customer issues related to cash flow/liquidity, leverage, working capital, debt coverage, collateral / enterprise value analysis, and repayment sources; and preparing company focused periodic reviews as well as interim underwriting memorandums. + Investigate creditor rights and legal ramifications in a potential restructure, leading credit amendments / restructurings, and monitoring of the credit post-restructure. + Lead interaction and negotiate with internal and external legal counsel for the preparation and review of term sheets, and reviewing/negotiating complex loan agreements and ancillary documents related to the closing of a restructure; leading the negotiation of amendments, forbearances, and restructurings. + Work with and mentoring Credit Resolution Group associates / analysts / junior staff. + Lead the preparation of internal problem loan memorandums and impromptu reports for senior management/senior credit officers identifying critical credit issues and recommending options to mitigate risk and maximize potential loan recovery. + Perform enterprise valuations for leveraged credits using a discounted cash flow model based on forecasted sales, expenses, CAPEX, taxes, adjusted working capital, industry-based EBITDA multiples, and cost-of-capital variables. + Perform impairment calculations on a periodic basis by assessing most likely/alternative/downside scenarios for forecasted cash flow. + Participate in client/site visits to develop a deeper understanding of the client's day-to-day operational issues, borrowing needs, viability of the client's business, and understanding of the loan collateral. + Collaborate with other groups within Wells Fargo, as well as outside providers of professional services such as appraisers, attorneys, financial advisors, receivers, forensic accountants, and insurance providers during the restructuring process. **Required Qualifications:** + 7+ years of Credit Resolution experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education. **Desired Qualifications:** + BA/BS degree in a discipline such as accounting, finance, economics, etc... + 7+ years of commercial or corporate lending experience in a credit intensive role. + Prior commercial or corporate workout, special asset, or credit resolution experience. + Good understanding of loan documentation including credit agreements, intercreditor agreements, and ancillary legal documents. + Ability to gather, analyze, package, and present analytical findings in an insightful and logical manner. + Strong analytical skills with high attention to detail and accuracy. + Ability to prioritize work, meet deadlines, and achieve goals in a dynamic environment. + Demonstrated problem solving and decision-making skills. + Strong verbal and written communication skills, and advanced MS Office Suite product skills to include (MS Excel, MS PowerPoint, MS Outlook, MS Word, etc...). **Locations:** + 401 S Tryon St, Charlotte, North Carolina + 600 S 4th St, Minneapolis, Minnesota + 1150 W Washington St, Tempe, Arizona + 1445 Ross Ave, Dallas, Texas **Job Expectations:** + Ability to work at one of the approved locations in the job posting. + This position is not eligible for Visa sponsorship. + This position offers a hybrid schedule. **_*Job posting may come down early due to volume of applicants._** **Pay Range** Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates. $159,000.00 - $279,000.00 **Benefits** Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs ( for an overview of the following benefit plans and programs offered to employees. + Health benefits + 401(k) Plan + Paid time off + Disability benefits + Life insurance, critical illness insurance, and accident insurance + Parental leave + Critical caregiving leave + Discounts and savings + Commuter benefits + Tuition reimbursement + Scholarships for dependent children + Adoption reimbursement **Posting End Date:** 20 Jul 2025 ***** **_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. **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. **Req Number:** R-469285

Job Tags

Work experience placement, Interim role,

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