Building and Boosting Your Bank’s Workout Team and Capabilities

Early in his career, Jason Alpert heard an observation from a mentor that, Alpert found, has largely proven true. There are two kinds of loan workout bankers, the saying went. There are people who like the challenge and problem-solving aspect of workout and so pursue and savor the role. (Count Alpert, a senior vice president at Wells Fargo, among them.) And then there are people who, one way or another— often because they are pressed into service temporarily—just sort of find themselves …