Lead Wealth Underwriter - Legal Specialty Group

About the role

Wells Fargo is seeking a Lead Wealth Underwriter for the Legal Specialty Group (LSG). The role involves analyzing complex financial and credit information for law firms according to business unit standards. Responsibilities include underwriting commercial loans with high aggregate credit exposure, compiling, analyzing, and documenting loan data and credit risk, borrower, and property information. Candidates must have 5+ years of wealth underwriting experience or equivalent through work experience, training, military experience, or education.

Responsibilities

• Analyze complex financial and credit information for law firms according to business unit standards.
• Underwrite commercial loans with high aggregate credit exposure and may manage a credit portfolio of clients.
• Compile, analyze, and document loan data and credit risk, borrower, and property information.
• Partner with Private Banker and Regional Directors in LSG to deliver high-quality custom credit solutions that result in a positive client experience.
• Exercise independent judgment and work with minimal direct supervision.
• Experience with legal documents and working with outside legal counsel; reviewing legal documents and leading negotiations is required.
• Excell in credit structuring and communicating recommendations verbally and in writing.
• Regularly monitor and service existing portfolio and communicate findings with recommended solutions to management in a timely manner.

Requirements

• 5+ years of Wealth Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Preferred competencies include legal industry experience, capital markets expertise. Formal commercial credit training desirable.
• Formal commercial credit training desirable.
• Preferred experience in wealth related underwriting/lending.
• Thorough knowledge of financial accounting theory and logic, loan structuring, commercial products and services is needed for this role.
• Strong interpersonal skills and communication skills.
• Must have top partnering skills; the ability to interpret and discuss analytical data; and the ability to multitask and prioritize.
• Proficient with computers and software applications (MSA, MS Excel, MS Word, other MS Office Suite applications, etc.) and applicable mainframe systems.
• Bachelor's degree preferred.

Qualifications

• Must have experience with legal documents and working with outside legal counsel; reviewing legal documents and leading negotiations is required.
• Must have top partnering skills; the ability to interpret and discuss analytical data; and the ability to multitask and prioritize.
• Must have proficiency with computers and software applications (MSA, MS Excel, MS Word, other MS Office Suite applications, etc.) and applicable mainframe systems.
• Must have a Bachelor's degree.

Skills

• Financial analysis
• Underwriting and structuring of highly complex commercial banking relationships
• Knowledge of WIM Credit Policies and regulatory compliance requirements
• Legal industry experience
• Capital markets expertise
• Commercial credit training
• Thorough knowledge of financial accounting theory and logic
• Loan structuring
• Commercial products and services

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

Pay Range

$119,000.00 - $206,000.00