Wells Fargo Senior Lead Credit Resolution Specialist - Commercial Workout 

United States, North Carolina, Charlotte 

564530427

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, andreviewing/negotiatingcomplex 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 mostlikely/alternative/downsidescenarios 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.

Pay Range

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.