Senior Equipment Finance Underwriter

Wells Fargo • Minneapolis, MN • 13h ago

About this role:

Wells Fargo is seeking a Senior Equipment Finance Underwriter to support a growing equipment finance platform within the Commercial Banking Group. This is a great opportunity to work with one of the top commercial banking lenders in the U.S. Learn more about the career areas and lines of business at wellsfargojobs.com. #commercialbanking

In this role, you will:

Lead or participate in research and underwrite the creditworthiness of moderately complex commercial or business loan and lease requests within Equipment Finance Underwriting functional area

Review and research moderately complex commercial or business loan and lease requests that require an in-depth evaluation

Perform periodic reviews on assigned portfolio credits

Maintain risk ratings and other relevant data on systems of record

Approve loans or leases within delegated credit authority and recommend transactions in excess of that authority

Collaborate and consult with Equipment Finance Underwriting peers, colleagues, and middle level managers and achieve business objectives

Work with internal and external business partners to gather information to make appropriate decisions

Required Qualifications:

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

Desired Qualifications:

Strong cash flow analysis skills

Familiarity with various collateral @types

Document negotiation skills

Financial Analysis experience

Experienced and proficient with Microsoft Office suite of products, including Excel, Word and PowerPoint

Experience working across multiple industries in an underwriting capacity (i.e. construction, transportation, industrial, manufacturing)

Experience working on transactions >$1MM

Job Expectations:

Ability to work a hybrid work schedule

This position does not support Visa Sponsorship

Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process

Job Locations:

83 Wooster Hts - Danbury, CT 06810

10 S Wacker Dr - Chicago, IL 60606

125 High St - Boston, MA 02110

600 S 4th St - Minneapolis, MN 55415

550 S Tryon St, Charlotte, NC 28202

Pay Range:

Connecticut-Danbury Pay Range $87,700-$155,900 Annually

Illinois-Chicago Pay Range $80,400-$143,000 Annually

Massachusetts -Boston Pay Range $ $87,700-$155,900 Annually

Minnesota-Minneapolis Pay Range $73,100-$129,900 Annually

North Carolina-Charlotte Pay Range $73,100-$129,900 Annually

May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$73,100.00 - $155,900.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.

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

Posting End Date:

7 May 2025

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-drug-and-alcohol-policy) to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Req Number: R-455353

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