Lead Wealth Underwriter - Legal Specialty Group

About the role

Wells Fargo is seeking a Lead Wealth Underwriter for the Legal Specialty Group (LSG).

In this role, you will analyze complex financial and credit information for law firms according to business unit standards. You will underwrite commercial loans with high aggregate credit exposure and may manage a credit portfolio of clients. You will compile, analyze, and document loan data and credit risk, borrower, and property information.

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.
• Demonstrate knowledge of WIM Credit Policies and regulatory compliance requirements while serving commercial clients (law firms).
• 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 includes wealth related underwriting/lending experience.
• 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

• Experience with legal documents and working with outside legal counsel; reviewing legal documents and leading negotiations is required.
• 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.

Skills

• Financial analysis
• Credit structuring
• Commercial banking relationships
• Legal industry experience
• Capital markets expertise
• Formal commercial credit training
• Thorough knowledge of financial accounting theory and logic
• Loan structuring
• Commercial products and services

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• 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
• Commute benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Pay

$119,000.00 - $206,000.00

Schedule

Not specified