Equipment Finance Underwriting Manager

Wells Fargo & Company•Minneapolis, MN

2d•$139,000 - $260,000•Hybrid

About The Position

Wells Fargo is seeking an Equipment Finance Underwriting Manager to support the Dealer and Floorplan space within the Commercial Vehicle Group (CVG). The role focuses on developing new business, growing existing client relationships, and partnering with credit and internal teams to structure and execute tailored financing solutions. The CVG Underwriter is responsible for underwriting and managing titled-vehicle vendor, leasing or finance, and third-party origination programs with significant reliance on the program counterparty. Responsibilities also include managing floorplan relationships with transportation equipment dealers. The manager leads the Equipment Finance Underwriting team in making lending decisions across loan and lease products, oversees resources and operations, and works with other teams involved in the credit process. The role includes mentoring and developing direct reports, assisting with hiring, and improving processes and productivity. The position follows a hybrid work schedule and may require travel up to 15% of the time. Visa sponsorship is not supported.

Requirements

At least 5 years of Equipment Finance Underwriting experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these.
At least 2 years of leadership experience.
Ability to travel up to 15% of the time.
Ability to work a hybrid 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 required.
Identify opportunities for process improvement and productivity enhancement in the Equipment Finance Underwriting functional area.
Make decisions and resolve issues regarding resources, objectives, and operations of the function and team 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 talent development of direct reports and assist in hiring.
Support development of new business, growth of existing client relationships, and structuring and execution of tailored financing solutions.
Underwrite and manage titled-vehicle vendor, leasing or finance, and third-party origination programs, including floorplan relationships with transportation equipment dealers.