Lead Secured Lending Underwriter - Dealer Finance

Wells Fargo's Supply Chain Finance Group ("SCF") supports companies with a broad range of supply chain solutions, including financing of Original Equipment Manufacture's/Vendor's sales to their Dealers and Distributors ("Floor Plan Financing") via our Inventory Finance Group. SCF is seeking a dynamic, results-oriented Lead Secured Lending Underwriter to underwrite the Floor Plan Programs offered to vendor and dealer partners.

Responsibilities

• Underwrite the Vendor/Dealer creditworthiness and program terms in accordance with corporate policies, Inventory Finance Standard Operating procedures, and compliance requirements.
• Gather a clear understanding of the various legal documents associated with the client and programs, including negotiation of document terms with the client.
• Lead periodic performance and risk rating reviews of the Vendor/Dealer partners.
• Lead meetings and discussions with senior leaders/approvers, commercial team, legal team, other Wells Fargo Lines of Business with a relationship with our client, and other stakeholders.
• Collaborate and consult with underwriting peers, colleagues, and managers to resolve issues and achieve goals.
• Participate in and lead SCF projects.
• Serve as a mentor to junior teammates.

Requirements

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

Qualifications

• 3+ years of lending experience in floor plan financing, cash flow, asset-based, or securitization lending.
• Strong analytical skills, with heightened attention to detail and accuracy, recognizing the importance of data integrity and adherence to credit policies and procedures.
• Strong verbal and written communication skills and ability to work effectively with internal stakeholders and clients.
• Working knowledge of various secured lending programs and structures.
• Advanced Microsoft Office (Excel, Word, PowerPoint) skills.

Job Expectations

• Willingness to work on-site at the stated location on the job opening.
• This position is not eligible for Visa sponsorship.
• Hybrid work schedule.
• 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.
• May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.

Pay

$139,000.00 - $260,000.00

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