Loan Workout Manager jobs in Phoenix, AZ

Loan Workout Manager directs and manages a team of professionals in restructuring commercial loans. Works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Being a Loan Workout Manager is responsible for collecting potential loans that are viable. Develops programs and manages strategies to reach performance goals. Additionally, Loan Workout Manager provides guidance and oversight on high complexity or challenging loans. Requires a bachelor's degree. Typically reports to a head of a unit/department. The Loan Workout Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Loan Workout Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)

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Senior Loan Workout specialist
  • Wells Fargo
  • PHOENIX, AZ FULL_TIME
  • About this role:

    Wells Fargo is seeking a...


    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:

    • Strong attention to detail, including accuracy in grammar and a sharp focus on eliminating errors.
    • Ability to work effectively, as well as independently, in a team environment
    • Ability to interpret and comprehend complex legal documents
    • Excellent verbal, written, and interpersonal communication skills
    • Strong analytical and quantitative skills
    • Ability to manage multiple and competing deliverables.
    • Customer relationship management experience
    • Intermediate Microsoft Office experience
    • Advanced knowledge of small business loan documentation


    Job Expectations:

    This position is not eligible for Visa Sponsorship.

    • This position offers a hybrid work schedule. Hybrid Work schedule A/B or 3/2 schedule
    • Work schedule - Monday - Friday - 8 am to 5 pm with flexibility

    Posting End Date: 

    16 Apr 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.


  • 11 Days Ago

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Household Manager
  • Hiring Manager
  • Phoenix, AZ FULL_TIME
  • We are seeking a dedicated and organized individual to join our household as a Household Manager. The ideal candidate will take charge of various tasks related to the care of our little one, manage ho...
  • 22 Days Ago

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Dental Hygienist - PT/FT RDH
  • Hiring Manager
  • Phoenix, AZ PART_TIME
  • Benefits: Bonus based on performance Company parties Competitive salary Dental insurance Employee discounts Free food & snacks Health insurance Opportunity for advancement Paid time off Training & dev...
  • 16 Days Ago

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Dental Assistant/Lab Tech
  • Hiring Manager
  • Phoenix, AZ FULL_TIME
  • We are looking for a Dental Assistant/lab tech that can do all on 4 conversions and are familiar with hybrid bridges. Our team helps people restore their oral health and want to work in an environment...
  • 4 Days Ago

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Treatment Coordinator
  • Hiring Manager
  • Phoenix, AZ FULL_TIME
  • Are you passionate about making a difference for people? Do you have what it takes to help people understand why their oral health is so important? Can you handle an active, fun, and evolving environm...
  • 4 Days Ago

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Dental Patient Advocate
  • Hiring Manager
  • Phoenix, AZ FULL_TIME
  • Benefits: Bonus based on performance Company parties Competitive salary Dental insurance Employee discounts Free food & snacks Health insurance Opportunity for advancement Paid time off Training & dev...
  • 4 Days Ago

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0 Loan Workout Manager jobs found in Phoenix, AZ area

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Digital Marketing Manager
  • Consumer product company
  • Phoenix, AZ
  • Title: Digital Marketing Specialist Company: Versa Gripps Location: Remote, with the ability to travel to our offices in...
  • 4/24/2024 12:00:00 AM

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Front Desk Associate-F45 Training Downtown Phoenix
  • F45 Downtown Phoenix
  • Phoenix, AZ
  • Job Description Job Description What is F45 Training? F45 Training merges 3 separate leading-edge fitness training style...
  • 4/24/2024 12:00:00 AM

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Picker - Weekday Shift (M-Th)
  • Nellis Auction
  • Phoenix, AZ
  • Description The Key Responsibilities of this position. The role of a Picker is to locate and pick all items that a custo...
  • 4/24/2024 12:00:00 AM

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Senior Data Scientist
  • DriveTime
  • Tempe, AZ
  • **Whats Under the Hood** DriveTime Family of Brands includes in-house financing and servicing through Bridgecrest, which...
  • 4/24/2024 12:00:00 AM

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Digital Marketing Manager
  • Consumer Product Company
  • Phoenix, AZ
  • Title: Digital Marketing Specialist Company: Versa Gripps Location: Remote, with the ability to travel to our offices in...
  • 4/22/2024 12:00:00 AM

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F45 Fitness Coach (Surprise)
  • Ohana Elite
  • Phoenix, AZ
  • Job Description Job Description Description We are so excited to be opening our F45 Training Surprise location. This F45...
  • 4/21/2024 12:00:00 AM

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Front Desk Agent
  • Springhill Phoenix
  • Phoenix, AZ
  • Job Summary: Front Desk Agents are responsible for greeting and registering the guest providing outstanding guest servic...
  • 4/21/2024 12:00:00 AM

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Warehouse Worker - Night Shift
  • McKesson Corporation
  • Tempe, AZ
  • Effective Date: February 22, 2017 . **Your Consent** *Google Analytics* We may use Google Analytics to measure how you i...
  • 4/21/2024 12:00:00 AM

Phoenix is in the southwestern United States, in the south-central portion of Arizona; about halfway between Tucson to the southeast and Flagstaff to the north. By car, the city is approximately 150 miles (240 kilometers) north of the US-Mexico border at Sonoyta and 180 mi (290 km) north of the border at Nogales. The metropolitan area is known as the "Valley of the Sun" due to its location in the Salt River Valley. It lies at a mean elevation of 1,086 feet (331 m), in the northern reaches of the Sonoran Desert. Other than the mountains in and around the city, the topography of Phoenix is gener...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$143,353 to $224,683
Phoenix, Arizona area prices
were up 2.2% from a year ago

Loan Workout Manager in Chicago, IL
These loans are financed by Commercial Loan Officers who work alongside these companies to calculate the interest rate and repayment plan.
December 10, 2019
Loan Workout Manager in Louisville, KY
After the underwriting software produces a recommendation, loan officers review the output of the software and consider any additional information to make a final decision.
February 07, 2020
Loan Workout Manager in Greensboro, NC
Participate with Regional Managers and Team Leaders in developing business plans for the loan workout functions.
January 23, 2020