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Lead Equipment Finance Credit Underwriter
Lead Equipment Finance Credit UnderwriterUSA Jobs • Chandler, AZ, US
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Lead Equipment Finance Credit Underwriter

Lead Equipment Finance Credit Underwriter

USA Jobs • Chandler, AZ, US
2 days ago
Job type
  • Full-time
Job description

Lead Equipment Finance Underwriter

Wells Fargo is seeking a Lead Equipment Finance Underwriter within our Commercial Capital group. This is a great opportunity to work with one of the top commercial banking lenders in the U.S.

The WFEF Commercial Vehicle Group (CVG) Underwriter is responsible for the underwriting and management of titled vehicle vendor, leasing or finance, and third party origination programs where there is high reliance on the program counterparty. This includes managing floorplan relationships with transportation equipment dealers.

In this role, you will :

  • Lead complex initiatives for researching financial and credit information for larger and more complex commercial or business loan and lease requests
  • Assist in structuring and approval of loan or leases within delegated authority and recommend transactions in excess of credit authority
  • Review and research financial and credit information for larger and complex loans and lease requests that require in-depth evaluation
  • Make decisions in complex and multifaceted situations requiring exceptional understanding of the Equipment Finance Underwriting functional area, policies, procedures, and compliance requirements
  • Collaborate and consult with peers, colleagues, and managers to achieve business objectives
  • Mentor or review analysis of less experienced individuals
  • Lead projects and approve transactions in excess of their credit authority

Required Qualifications :

  • 5+ years of Equipment Finance Underwriting experience, or equivalent demonstrated through one or a combination of the following : work experience, training, military experience, education
  • Desired Qualifications :

  • Strong cash flow analysis skills
  • Familiarity with various collateral @types
  • Document negotiation skills
  • Financial Analysis experience
  • Experienced and proficient with Microsoft Office suite of products, including Excel, Word and PowerPoint
  • Experience working across multiple industries in an underwriting capacity (i.e. construction, transportation, industrial, manufacturing)
  • Experience working on transactions >
  • $15MM

  • Strong communication skills with experience presenting to Senior Leadership and communicating with external clients
  • Job Expectations :

  • Ability to travel up to 10% of the time
  • Ability to work a hybrid work schedule
  • This position does not support 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
  • Job Locations :

  • 600 S 4th St - Minneapolis, MN 55415
  • 10 S Wacker Dr - Chicago, IL 60606
  • 2600 S Price Rd - Chandler, AZ 85286
  • 801 Walnut St - Des Moines, IA 50309
  • 5000 Riverside Rd - Irving, TX 75039
  • Pay Range :

  • Minnesota - Minneapolis Pay Range : $153,000-$239,000
  • Illinois - Chicago Pay Range : $153,000-$239,000
  • Arizona - Chandler Pay Range : $139,000-$217,000
  • Iowa - Des Moines Pay Range : $139,000-$217,000
  • Texas - Irving Pay Range : $139,000-$217,000
  • Pay Range

    Reflected is the base pay range offered for this position. 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 just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may 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).

    $139,000.00 - $239,000.00

    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
  • We Value Equal Opportunity

    Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

    Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

    Applicants with Disabilities

    To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

    Drug and Alcohol Policy

    Wells Fargo maintains a drug free workplace.

    Wells Fargo Recruitment and Hiring Requirements :

  • Third-Party recordings are prohibited unless authorized by Wells Fargo.
  • Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
  • Req Number : R-504153

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