Lead Wealth Underwriter, Wells Fargo

Wells Fargo

Location:
United States, Charlotte ▼
Chicago

Category:
Finance

Contract Type:
Employment contract

Salary:

96600.00 - 188900.00 USD / Year

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Job Description:

Wells Fargo is seeking a Lead Wealth Underwriter to work in the WIM Residential Real Estate Team, partnering with Wells Fargo Home Lending to provide Residential Mortgage Products for Wealth Clients. The role involves underwriting credit for high net worth clients and providing consultative support to the WIM sales team.

Job Responsibility:

Lead complex initiatives including those that are cross-functional with broad impact and act as a key participant in large-scale planning for Wealth Underwriting
Review, analyze, and evaluate complex challenges related to multi-faceted, larger scale high-net-worth loans structures, existing portfolio issues, and complex business, operational, or technical challenges that require an in-depth evaluation of multiple factors including intangible or unprecedented factors, present recommendations for resolution
Make decisions on complex and multi-faceted credit risk management issues to ensure satisfactory credit portfolio risk examinations requiring solid understanding of Wealth Underwriting functional area policies, procedures, regulations, and compliance requirements that influence and lead the Wealth Underwriting team to meet deliverables and drive new initiatives
Strategically collaborate and consult with Wealth Underwriting peers, colleagues, and mid-level to senior level managers to resolve issues and achieve goals
serve as a peer mentor
Partner with Custom Credit Banker and Financial Advisor to provide guidance on due diligence, credit, and loan document negotiations with clients
Understanding the borrower's credit needs, financial objectives, evaluating business and personal financial information
Determining recurring cash flow available to service debt obligations (both existing and proposed)
Providing credit solutions that align to borrower objectives in a manner that satisfies corporate goals/objectives, credit objectives and regulatory compliance
Manage client and partner relationships and execute on the delivery of banking products and services with a high degree of professionalism, responsiveness, and urgency bringing to bear expertise and experience for the benefit of the client
Deliver One Wells Fargo to clients, engaging the right partner specialists to fulfill unique client needs
Create awareness of WIM and Wells Fargo offerings by ensuring advisors and partners understand differentiated product features, benefits, and risks
Shorten the distance between the client’s request and delivery of the product or solution
Management of all types of risk, including but not limited to, compliance, operational, reputational, conduct, and credit risk in Core and Wealth Banking
Support growth in our target client segments across all products and services in WIM by expanding and retaining existing client relationships, and supporting new client acquisition
Deepen and broaden client relationships, enabling growth through the value of an improved client experience
Exhibit leadership skills by doing what is right, doing it well, and leading with an enterprise mindset

Requirements:

5+ years of Wealth Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
A BS/BA degree or higher
Knowledge and understanding of High Net Worth (HNW) and Ultra High Net Worth (UHNW) clients: credit requests
Commercial loan experience
Ability to interact with all levels of an organization
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy

Nice to have:

Commercial loan experience
Ability to interact with all levels of an organization
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy

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:
June 04, 2025

Expiration:
June 15, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Lead Wealth Underwriter