Equipment Finance Underwriting Manager

Wells Fargo Bank•Chicago, IL

1d•Hybrid

About The Position

Wells Fargo is seeking an Equipment Finance Underwriting Manager supporting the Dealer and Floorplan space within the Commercial Vehicle Group. The role manages underwriting for titled vehicle vendor, leasing or finance, and third-party origination programs that rely heavily on program counterparties, including floorplan relationships with transportation equipment dealers. It also supports developing new business, growing existing client relationships, and partnering with credit and internal teams to structure and execute tailored financing solutions. The manager leads an Equipment Finance Underwriting team making lending decisions across loan and lease products, manages other teams responsible for the credit process, and oversees team resources and operations to meet business objectives. The role includes developing talent, hiring, improving processes and productivity, and collaborating with underwriting peers, colleagues, and managers on routine operational activities. The position supports a hybrid work schedule and may require travel up to 15% of the time. It does not support visa sponsorship. The listed job locations are Chicago, Illinois; Danbury, Connecticut; Irving, Texas; and Minneapolis, Minnesota. Base pay ranges vary by location: $153,000–$239,000 in Minneapolis and Chicago, $139,000–$217,000 in Irving, and $167,000–$260,000 in Danbury. Employees may also be eligible for incentive opportunities. Specific compliance policies may apply to outside activities or personal investing.

Requirements

At least 5 years of Equipment Finance Underwriting experience, or equivalent demonstrated through work experience, training, military experience, or education.
At least 2 years of leadership experience.
Ability to travel up to 15% of the time.
Ability to work a hybrid work schedule.

Nice To Haves

Experience in equipment finance, commercial lending, dealer finance, or floorplan financing.
Experience developing new business and managing commercial client relationships.
Strong financial analysis and credit skills, including reviewing financial statements and assessing credit risk.
Experience structuring, negotiating, and executing commercial lease or loan transactions.
Ability to partner effectively with sales, credit, risk, operations, legal, and other internal teams.
Experience managing multiple transactions and priorities in a fast-paced environment.
Strong relationship-building, negotiation, and problem-solving skills.
Excellent verbal, written, and interpersonal communication skills.
Strong attention to detail, organization, and personal accountability.
Ability to work independently while collaborating effectively across teams.
Experience supporting AI initiatives and process improvements to streamline workflows, improve efficiency, and enhance business processes.

Responsibilities

Manage and develop an Equipment Finance Underwriting team making lending decisions on a wide range of loan and lease products.
Provide input and feedback to team members as needed.
Identify opportunities to improve processes and productivity within Equipment Finance Underwriting.
Make decisions and resolve issues involving resources, objectives, and operations to meet business objectives.
Manage other teams responsible for the credit process.
Collaborate and consult with underwriting peers, colleagues, and multiple managers to move routine operational activities forward.
Manage allocation of people and financial resources for Equipment Finance Underwriting.
Mentor and guide the development of direct reports and assist in hiring talent.
Develop new business, grow existing client relationships, and partner with credit and internal teams to structure and execute tailored financing solutions.
Underwrite and manage titled vehicle vendor, leasing or finance, and third-party origination programs, including floorplan relationships with transportation equipment dealers.