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Lead Secured Lending Underwriter

https://www.wellsfargo.com/ Logo

Wells Fargo

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Location:
United States, Chicago

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Category:
Finance

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Contract Type:
Not provided

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Salary:

153000.00 - 239000.00 USD / Year
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Job Description:

Wells Fargo’s Supply Chain Finance Group (“SCF”) supports companies with a broad range of supply chain solutions, including financing of Original Equipment Manufacture’s/Vendor’s sales to their dealers and distributors (“Floor Plan Financing”) via our Inventory Finance Group. SCF is seeking a dynamic, results oriented, Lead Secured Lending Underwriter to underwrite the Floor Plan Programs offered to our vendor partners.

Job Responsibility:

  • Underwrite the vendor’s creditworthiness and program terms in accordance with corporate policies, Inventory Finance Standard Operating procedures and adherence to compliance requirements
  • Gather a clear understanding of the various legal documents associated with the vendor and programs
  • As well as negotiation of the document terms with the vendors
  • Lead periodic performance reviews of the vendor partners
  • Lead meetings and discussions with senior leaders/approvers, commercial team, legal team, other Wells Fargo Lines of business with a relationship with our vendor partner and other stakeholders
  • Collaborate and consult with underwriting peers, colleagues, and managers to resolve issues and achieve goals
  • Participate in and lead SCF projects
  • Serve as a mentor to junior teammates

Requirements:

  • 5+ years of Secured Lending Underwriting experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 3+ years of lending experience either floor plan financing, cash flow, asset-based, or securitization lending
  • Strong analytical skills, with heightened attention to detail and accuracy, recognizing importance of data integrity and adherence to credit policies and procedures
  • Strong verbal and written communication skills and ability to work effectively with internal stakeholders and clients
  • Working knowledge of various secured lending programs and structures
  • Advanced Microsoft Office (Excel, Word, PowerPoint) skills
What we offer:
  • 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

Additional Information:

Job Posted:
August 13, 2025

Expiration:
August 18, 2025

Employment Type:
Fulltime
Work Type:
On-site work
Job Link Share:
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