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Wells Fargo is seeking a Secured Lending Underwriter for the Asset Based Lending team part of Commercial Banking Group.
Job Responsibility:
Participate in the partnership with the Underwriting team on all aspects of new business transaction process
Perform financial analysis, calculate financial covenants, and prepare financing memorandum within Secured Lending Underwriting
Review basic issues, policies, or procedures where answers can quickly be obtained related to low to medium risk and deliverables
Receive direction from Secured Lending Underwriting supervisor and exercise independent judgement while developing understanding of function, policies, procedures, and compliance requirements
Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
Participate in underwriting and loan closing of transactions
Identify opportunities for process improvements within scope of responsibilities for Secured Lending Underwriting functional area
Review and analyze basic business challenges within Secured Lending Underwriting functional area that require research, evaluation, and selection of alternatives
Exercise independent judgement to guide medium risk deliverables
Present recommendations for resolving more complex situations and exercise independent judgement while developing expertise in Secured Lending Underwriting functional area, policies, procedures, and compliance requirements
Collaborate and consult with Secured Lending Underwriting colleagues, internal partners, and stakeholders, including internal and external customers
Requirements:
2+ years of Secured Lending Underwriting experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
Nice to have:
Master's degree in finance, Accounting, Economics, or related field
CFA/FRM preferred
2+ years in credit underwriting or portfolio management within commercial or secured lending
Proven track record of handling complex transactions and high-value deals
Exposure to sectors like real estate, manufacturing, or trade finance is a plus
Experience with underwriting platforms, loan origination systems, and advanced Excel (pivot tables, macros)