Lead Equipment Finance Underwriter
Wells Fargo · Des Moines, IA · 1 wk ago
Finance$153k–$239k/yrFull-time
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent.
About the role
Wells Fargo is seeking a Lead Equipment Finance Underwriter to join their Vendor Financial Services Construction and Industrial Structured Team as part of Commercial Bank.
Responsibilities
- 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 to achieve business objectives
- Work with internal and external business partners to gather information to make appropriate decisions
Requirements
- 5+ years of Equipment Finance Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Qualifications
- Experience underwriting transactions and exposures in excess of $3MM
- Financial Analysis experience
- Experience working across multiple industries in an underwriting capacity (e.g., construction, transportation, industrial, manufacturing)
- Proficient with Microsoft Office suite of products, including Excel, Word, and PowerPoint
- Bachelor's degree in accounting, business, economics, finance, or related field
Job Expectations
- This position offers a hybrid work schedule
- Willingness to work on-site at stated location on the job opening
- This position is not eligible for 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
- May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards
Pay
Minneapolis, MN Pay Range: $153,000 - $239,000 USD Annual
Chicago & Hoffman States, IL Pay Range: $153,000 - $239,000 USD Annual
Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location.
Benefits
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Posting End Date: 27 Jul 2026