Lead Equipment Finance Credit Underwriter at Wells Fargo
Chicago, Illinois, USA -
Full Time


Start Date

Immediate

Expiry Date

19 Nov, 25

Salary

239000.0

Posted On

19 Aug, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Manufacturing, Transportation, External Clients, Powerpoint, Excel, Communication Skills, Training

Industry

Financial Services

Description

PAY RANGE:

Minnesota - Minneapolis Pay Range: $153,000-$239,000
Illinois - Chicago Pay Range: $153,000-$239,000
Arizona - Chandler Pay Range: $139,000-$217,000
Iowa - Des Moines Pay Range: $139,000-$217,000
Texas - Irving Pay Range: $139,000-$217,000

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

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

Required Qualifications:

  • 5+ years of Equipment Finance Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educatio

Desired Qualifications:

  • Strong cash flow analysis skills
  • Familiarity with various collateral types
  • Document negotiation skills
  • Financial Analysis experience
  • Experienced and proficient with Microsoft Office suite of products, including Excel, Word and PowerPoint
  • Experience working across multiple industries in an underwriting capacity (i.e. construction, transportation, industrial, manufacturing)
  • Experience working on transactions >$15MM
  • Strong communication skills with experience presenting to Senior Leadership and communicating with external client
Responsibilities

Wells Fargo is seeking a Lead Equipment Finance Underwriter within our Commercial Capital group. This is a great opportunity to work with one of the top commercial banking lenders in the U.S. Learn more about the career areas and lines of business at wellsfargojobs.com. #commercialbanking
The WFEF Commercial Vehicle Group (CVG) Underwriter is responsible for the underwriting and management of titled vehicle vendor, leasing or finance, and third party origination programs where there is high reliance on the program counterparty. This includes managing floorplan relationships with transportation equipment dealers.

In this role, you will:

  • Lead complex initiatives for researching financial and credit information for larger and more complex commercial or business loan and lease requests
  • Assist in structuring and approval of loan or leases within delegated authority and recommend transactions in excess of credit authority
  • Review and research financial and credit information for larger and complex loans and lease requests that require in-depth evaluation
  • Make decisions in complex and multifaceted situations requiring exceptional understanding of the Equipment Finance Underwriting functional area, policies, procedures, and compliance requirements
  • Collaborate and consult with peers, colleagues, and managers to achieve business objectives
  • Mentor or review analysis of less experienced individuals
  • Lead projects and approve transactions in excess of their credit authority

Required Qualifications:

  • 5+ years of Equipment Finance Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

  • Strong cash flow analysis skills
  • Familiarity with various collateral types
  • Document negotiation skills
  • Financial Analysis experience
  • Experienced and proficient with Microsoft Office suite of products, including Excel, Word and PowerPoint
  • Experience working across multiple industries in an underwriting capacity (i.e. construction, transportation, industrial, manufacturing)
  • Experience working on transactions >$15MM
  • Strong communication skills with experience presenting to Senior Leadership and communicating with external clients

Job Expectations:

  • Ability to travel up to 10% of the time
  • Ability to work a hybrid work schedule
  • This position does not support Visa Sponsorship
  • Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process

Job Locations:

  • 600 S 4th St - Minneapolis, MN 55415
  • 10 S Wacker Dr - Chicago, IL 60606
  • 2600 S Price Rd - Chandler, AZ 85286
  • 801 Walnut St - Des Moines, IA 50309
  • 5000 Riverside Rd - Irving, TX 75039
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