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


Start Date

Immediate

Expiry Date

01 Aug, 25

Salary

0.0

Posted On

02 May, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Transportation, Training, Excel, Powerpoint, Manufacturing

Industry

Financial Services

Description

PAY RANGE:

Connecticut-Danbury Pay Range $87,700-$155,900 Annually
Illinois-Chicago Pay Range $80,400-$143,000 Annually
Massachusetts -Boston Pay Range $ $87,700-$155,900 Annually
Minnesota-Minneapolis Pay Range $73,100-$129,900 Annually
North Carolina-Charlotte Pay Range $73,100-$129,900 Annually
May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.

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:

  • 4+ 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 >$1M
Responsibilities

Wells Fargo is seeking a Senior Equipment Finance Underwriter to support a growing equipment finance platform within the Commercial Banking 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

In this role, you will:

  • Lead or participate in research and underwrite the creditworthiness of moderately complex commercial or business loan and lease requests within Equipment Finance Underwriting functional area
  • Review and research moderately complex commercial or business loan and lease requests that require an in-depth evaluation
  • Perform periodic reviews on assigned portfolio credits
  • Maintain risk ratings and other relevant data on systems of record
  • Approve loans or leases within delegated credit authority and recommend transactions in excess of that authority
  • Collaborate and consult with Equipment Finance Underwriting peers, colleagues, and middle level managers and achieve business objectives
  • Work with internal and external business partners to gather information to make appropriate decisions

Required Qualifications:

  • 4+ 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 >$1MM

Job Expectations:

  • 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:

  • 83 Wooster Hts - Danbury, CT 06810
  • 10 S Wacker Dr - Chicago, IL 60606
  • 125 High St - Boston, MA 02110
  • 600 S 4th St - Minneapolis, MN 55415
  • 550 S Tryon St, Charlotte, NC 28202
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