Jobs · Finance · Iowa

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

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