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About this role:
Wells Fargo is seeking a Loan Workout Specialist in Bankruptcy as part of Commercial Banking Operations.
In this role, you will:
- Provide support to internal and external customers in complex initiatives relating to collection portfolios data to reduce delinquency and restructuring of loans within the Loan Workout functional area
- Evaluate risk and analyze account information including financial statements and total relationship
- Coordinate initial loan renewal process and negotiate with borrower or attorneys in order to determine workout solutions
- Restructure supervised loans, recover charged off loans and research account equity to determine full or partial charge off or attend foreclosure sale
- Conduct research and determine resolution for title and collateral perfection issues
- Review and research complex operational challenges that require research, evaluation, and selection of alternatives related to low to medium risk deliverables
- Monitor portfolio for policy compliance and adhere to risk rating Identify opportunities for process improvements within scope of responsibilities in Loan Workout area
- Present recommendations for resolving complex situations and exercise independent judgment while developing expertise in the functions, policies, procedures and compliance requirements
- Coach and assist less experienced colleagues
- Provide issue specific training and participate in departmental projects
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Required Qualifications:
- 2+ 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
- Knowledge and understanding of equipment finance and leasing
- Ability to interpret and comprehend complex legal documents
- Strong attention to detail, including accuracy in grammar and a sharp focus on eliminating errors
- Strong analytical skills with high attention to detail and accuracy
- Ability to manage a pipeline of work from assignment to completion
- Excellent verbal, written, and interpersonal communication skills
- Experience interacting positively with difficult or irate customers
- Experience resolving and working through escalated and complex customer issues
- Ability to organize and manage multiple priorities
- Strong organizational, multi-tasking, and prioritizing skills
Posting End Date:
10 Mar 2026
**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.
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.
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.
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About Wells Fargo

Wells Fargo
PublicWells Fargo & Company is an American multinational financial services company. The company operates in 35 countries and serves more than 70 million customers worldwide.
10,001+
Employees
San Francisco
Headquarters
Reviews
3.6
32 reviews
Work Life Balance
3.4
Compensation
4.4
Culture
3.5
Career
3.8
Management
3.2
78%
Recommend to a Friend
Pros
Job stability and career progression
Excellent compensation and bonus structure
Good benefits and retirement packages
Cons
Hierarchical culture can slow decision-making
High-pressure environment with strict deadlines
Long working hours, especially during busy periods
Salary Ranges
0 data points
Junior/L3
L3
L4
L5
Mid/L4
Principal/L7
Senior/L5
Staff/L6
Junior/L3 · Data Scientist L1
0 reports
$128,533
total / year
Base
-
Stock
-
Bonus
-
$109,253
$147,813
Interview Experience
4 interviews
Difficulty
2.8
/ 5
Duration
21-35 weeks
Offer Rate
75%
Interview Process
1
Phone Screen
2
Final Round
3
Online Assessment
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