Asset Based Lending Underwriting Senior Manager

Secured Lending Underwriting Director

Wells Fargo is seeking a Secured Lending Underwriting Director for the Asset Based Lending Underwriting team. This position will oversee the Central Region and our nationwide focus on financing growing Emerging Middle Market clients. Clients include public companies, private equity groups, and privately owned businesses across a variety of industries and asset classes with a financing need of $5MM to $500MM+. This individual is expected to work closely with our Commercial Banking and other product lines of businesses to build strong relationships and enhance credit and other economic opportunities with prospective customers. The Underwriting Manager manages a geographically diverse team of professionals to support the origination and portfolio functions by focusing on structuring, underwriting, and closing of Asset Based Loans through loan funding. In addition to transactional support, the Underwriting Manager is also responsible for talent development.

In this role, you will :

• Effectively manage a team that performs business, financial, collateral, and industry analysis, which result in consistent, high quality new loan underwritings.
• Maintain equal focus on managing the underwriting and closing of deals in all of our product segments while ensuring that we consider the differing requirements / cost considerations of customers in these respective segments.
• Work with business development to help win and close transactions while at the same time maintaining an appropriate balance between growth and risk, particularly to build-out growth initiatives where risk may be unique to a market segment.
• Focus on customer service as the highest priority.
• Collaborate with and influence all levels of professionals, including experienced leadership.
• Embrace the Enterprise Inclusion efforts by increasing your awareness of the unique challenges faced by some of our fellow employees. Value and promote by recognizing the value of not just one, but many views.
• Develop and guide a culture of talent development to meet business objectives and strategy.
• Seek opportunities to better align our procedures and risk control development to simplify the way we do things, including the approved use of AI, taking advantage of our scale and listening and acting on our employees' ideas. Help create and document procedures, policies, controls, and infrastructure to carry out plans and strategies.
• Serve as a subject matter expert on various work streams and special projects as required from time-to-time.
• Actively contribute to Wells Fargo meeting its financial goals.

Required Qualifications :

Desired Qualifications :

Posting Locations :

Base Salary Range :

Chicago, Illinois : $185,000.00-$300,000.00 Annually Salary range is determined by location of the job. May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.

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.

Benefits :

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

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.

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. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements :

Req Number : R-500766