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Loan Workout Associate Manager

Wells Fargo

Wells Fargo

Taguig, Metro Manila, Philippines
Posted on Sunday, May 19, 2024

About this role:

Wells Fargo is seeking a Loan Workout Associate Manager.


In this role, you will:

  • Supervise a team of Loan Workout Associates in multi functional customer support and operational tasks processes
  • Engage in loss prevention and recovery of loan losses
  • Ensure timely completion, quality and compliance requirements in Loan Workout functional area
  • Review and research credit information and restructured loans
  • Perform collection, repossession, and liquidating specified value assets
  • Identify opportunities for process improvement and risk control development in less complex functional areas
  • Make daily supervisory decisions and resolve issues related to team supervision, work allocation and daily operations
  • Leverage interpretation of policies, procedures and compliance requirements
  • Collaborate and influence all levels of professionals including more experienced managers Lead team to achieve objectives
  • Manage allocation of people and financial resources for Loan Workout group
  • Mentor and guide talent development of direct reports and assist in hiring talent


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
  • 1+ years of Leadership experience


Required Qualifications for Europe, Middle East & Africa only:

  • Experience in Loan Workout, Commercial Lending, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Leadership experience


Desired Qualifications:


    Job Expectations:

      Posting End Date:

      19 Jun 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.