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Senior Lending Underwriting Manager

Wells Fargo

Location:
United States, Chicago, Atlanta, Charlotte, Hoffman Estates, Irving

Category:
Finance

Contract Type:
Employment contract

Salary:

111100.00 - 217200.00 USD / Year

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Job Description:

Wells Fargo Inventory Finance is seeking an Underwriting Manager to join our team.

Job Responsibility:

Manage and develop a team of individual contributors in underwriting, approval, documentation of new credit requests, credit line renewals for existing customers, and on-going monitoring of the current portfolio
Engage stakeholders and internal partners associated with the Inventory Finance Underwriting functional area
Identify and recommend opportunities for process improvement and risk control development
Conduct financial and credit research as well as prepare risk assessments for presentation to more experienced management
Make decisions and resolve issues regarding resources, objectives, and operations of Inventory Finance Underwriting functional area and team to meet business objectives
Interpret and develop policies and procedures for functions with low to moderate complexity within scope of responsibility
Collaborate and consult with Inventory Finance Underwriting peers, colleagues, and multiple level managers as well as interact directly with external customers
Manage allocation of people and financial resources for Inventory Finance Underwriting
Mentor and guide talent development of direct reports and assist in hiring talent
Review and approve transactions within assigned credit authority

Requirements:

4+ years of Distribution Finance Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
2+ years of leadership experience

Nice to have:

Experience working with Senior Leadership and Independent Risk Management
Experience underwriting transactions in Inventory Finance, Asset-Based Lending groups or Commercial Banking
B.A. degree or equivalent, preferably in Accounting, Finance or Economics
M.B.A. or equivalent preferred

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:
April 25, 2025

Expiration:
May 01, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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