Secured Lending Underwriter

About the role

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. It all begins with you. Wells Fargo is seeking a Secured Lending Underwriter within our Commercial Banking team. Learn more about the career areas and lines of business at wellsfargojobs.com.

Responsibilities

• Participate in the partnership with the Underwriting team on all aspects of new business transaction process
• Perform financial analysis, calculate financial covenants, and prepare financing memorandum within Secured Lending Underwriting
• Review basic issues, policies, or procedures where answers can quickly be obtained related to low to medium risk and deliverables
• Receive direction from Secured Lending Underwriting supervisor and exercise independent judgement while developing understanding of function, policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals

Required Qualifications

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

Desired Qualifications

• Inventory Finance experience
• Commercial Banking Underwriting experience
• 2+ years of secured lending experience
• B.A. degree or equivalent, in Accounting, Business, Finance or Economics
• Experience in Finance or Asset-Based lending
• Accounting and finance knowledge
• Proficient in MS Office: PowerPoint, Excel, and Word

Job Expectations

• 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. Information will be shared about expectations during the recruitment process
• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards

Schedule

This position offers a hybrid work schedule.

Pay

Pay ranges by location:

• Atlanta, Georgia: $87,000‑$140,000 USD annually
• Chicago, Illinois: $104,000‑$168,000 annually
• Hoffman Estates, Illinois: $96,000‑$154,000 annually
• Charlotte, North Carolina: $87,000‑$140,000 USD annually
• Irving, Texas: $87,000‑$140,000 USD annually

Salary is