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Wells Fargo is seeking a Lead Equipment Finance Underwriter within the Commercial Capital group. The role involves underwriting and managing titled vehicle vendor, leasing or finance, and third-party origination programs, including managing floorplan relationships with transportation equipment dealers.
Job Responsibility:
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
Requirements:
5+ years of Equipment Finance Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Nice to have:
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
What we offer:
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
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