Senior Lead Wealth Underwriter

• Perform diligence, analysis and underwriting of alternative investment funds which are the form of collateral or part of the custom loan structure
• Work with internal risk management ongoing approval and inclusion as collateral of alternative investment funds
• Monitor alternative investment funds on an ongoing basis, perform collateral reviews, coordinate all fund ratings and analysis with broader Wells Fargo, including CIB partners
• Develop subject matter expertise in the Alternatives Asset industry
• Responsible for the efficient and timely analysis and underwriting of highly complex loan structures, financial and collateral circumstances
• Responsible for highly complex credit structuring and communicating recommendations verbally and in writing
• Drive private banking credit execution to deliver high quality custom credit solutions to existing and new clients while meeting goals for asset quality, banking revenue, and profitability
• Regularly monitor existing portfolio and communicate findings and recommended solutions to management in a timely manner. This will assist with leadership decisions in credit risk management and ensure credit portfolio satisfactory risk exams
• Meet with clients in partnership with a Custom Credit Banker in a client advisory role and in credit negotiations, as required
• Provide leadership and guidance to others
• Exercise independent judgment and work with no direct supervision

7+ years of Wealth Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• A background in fund/alternative investment fund due diligence, counterparty credit risk management, fund underwriting, fund credit risk
• Background in wealth & commercial lending/underwriting is preferred. Familiarity with collateral including alternative assets
• Ability to monitor a portfolio on an ongoing basis
• Be a subject matter expert in alternative investment funds, the market, and ongoing factors that affect these funds
• Thorough knowledge of financial accounting theory and logic, loan structuring, and banking products and services
• Excellent credit skills: ability to develop, negotiate, and document a broad range of loan types, structures, and complex requests
• Demonstrated ability to make sound, independent business and credit decisions
• Ability to independently negotiate/structure legal documents with the use of external counsel
• Strong interpersonal communication skills and partnering skills

• 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