Wells Fargo - West Des Moines, IA

posted 5 months ago

Full-time - Mid Level
West Des Moines, IA
Credit Intermediation and Related Activities

About the position

Wells Fargo is seeking a Senior Equipment Finance Underwriter to join their Vendor Financial Services team. In this role, you will be responsible for leading or participating in the research and underwriting of the creditworthiness of moderately complex commercial or business loan and lease requests within the Equipment Finance Underwriting functional area. This position requires a thorough review and research of moderately complex commercial or business loan and lease requests that necessitate an in-depth evaluation. You will also perform periodic reviews on assigned portfolio credits, maintaining risk ratings and other relevant data on systems of record. As a Senior Equipment Finance Underwriter, you will have the authority to approve loans or leases within your delegated credit authority and recommend transactions that exceed that authority. Collaboration is key in this role; you will work closely with Equipment Finance Underwriting peers, colleagues, and middle-level managers to achieve business objectives. Additionally, you will engage with internal and external business partners to gather necessary information to make informed decisions regarding underwriting. This position is critical in ensuring that Wells Fargo continues to build strong customer relationships while adhering to a robust risk management and compliance-driven culture.

Responsibilities

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

Requirements

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

Nice-to-haves

  • Experienced system and computer skills with Microsoft Excel and Word
  • Commercial underwriting lending experience
  • Experience working across multiple industries in an underwriting capacity (i.e., construction, healthcare and technology)
  • Experience underwriting deals in the range of 1-25 MM
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