About this role:
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Working at Wells Fargo | Jobs and Careers at Wells Fargo (wellsfargojobs.com)
Wells Fargo is seeking a Lead Wealth Underwriter in the Banking, Lending, & Trust's (BL&T) center of excellence within Wealth & Investment Management (WIM). As part of its vision for a flatter, more nimble organization that is easier to do business with, WIM has created horizontal functions known as centers of excellence to support all client coverage channels. BL&T is a center of excellence that brings teams and functions across WIM's consumer businesses under a common, WIM-level organization.
The Underwriter will be on the Alternative Investments Financing team providing custom credit solutions focused on credit delivery to Private Capital and Hedge Fund Managers, as well as to family offices and Ultra High Net Worth individuals with significant Private Capital and Hedge Fund investment portfolios.
In this role, you will:
Perform financial analysis and underwriting and structuring of highly complex Custom Credit Banking relationships. The foregoing may include analyzing business financial statements and tax returns
Develop subject matter expertise in the Alternatives Asset industry
Responsible for the efficient and timely analysis and underwriting of highly complex borrower, 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
Collaborate and consult with more experienced management and regional teams on the timely completion of work and progress
Lead complex initiatives within a large geographical region to deliver high quality custom credit solutions with broad impact
Provide leadership and guidance to others
Exercise independent judgment and work with no direct supervision
Required Qualifications:
5+ years of Wealth Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
A background in wealth & commercial lending/underwriting.
Familiarity with esoteric collateral including alternative assets, illiquid stock, life insurance, art, etc.
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
Job Expectations:
This position offers a hybrid work schedule
This position is not eligible for Visa sponsorship
Job Location:
401 S Tryon St, Charlotte NC, 28202
90 S 7th St, Minneapolis MN, 55402
2801 Market St, F&L Bldg, St Louis MO 63103
250 E John Carpenter Frwy, Irving TX 75062
800 S Jordan Creek Pkwy, West Des Moines IA, 50266
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.
$119,000.00 - $206,000.00
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:
4 Aug 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-476103
