Lead Equipment Finance Underwriter

About the role

Wells Fargo is seeking a Lead Equipment Finance Underwriter to join the Vendor Financial Services Construction and Industrial Structured Team as part of the Commercial Bank. In this role, you will lead or participate in researching and underwriting the creditworthiness of moderately complex commercial or business loan and lease requests within the Equipment Finance Underwriting functional area.

Responsibilities

• 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).
• Proficiency with Microsoft Office suite of products, including Excel, Word, and PowerPoint.
• Bachelor’s degree in accounting, business, economics, finance, or a related field.

Job Expectations

• This position offers a hybrid work schedule.
• Willingness to work on-site at the 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 (this range may not be applicable to other locations).

Chicago & Hoffman States, IL Pay Range: $153,000 - $239,000 USD Annual (this range may not be applicable to other locations).

Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates. Salary is one component of Wells Fargo's total rewards package. Depending on the role, employees may also be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs).

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