Lead Equipment Finance Credit Underwriter

Wells Fargo•Minneapolis, MN

8d•$139,000 - $239,000•Hybrid

About The Position

About this role: Wells Fargo is seeking a Lead Equipment Finance Underwriter within our Commercial Capital 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 The WFEF Commercial Vehicle Group (CVG) Underwriter is responsible for the underwriting and management of titled vehicle vendor, leasing or finance, and third party origination programs where there is high reliance on the program counterparty. This includes managing floorplan relationships with transportation equipment dealers. In this role, you will: Lead complex initiatives for researching financial and credit information for larger and more complex commercial or business loan and lease requests Assist in structuring and approval of loan or leases within delegated authority and recommend transactions in excess of credit authority Review and research financial and credit information for larger and complex loans and lease requests that require in-depth evaluation Make decisions in complex and multifaceted situations requiring exceptional understanding of the Equipment Finance Underwriting functional area, policies, procedures, and compliance requirements Collaborate and consult with peers, colleagues, and managers to achieve business objectives Mentor or review analysis of less experienced individuals Lead projects and approve transactions in excess of their credit authority

Requirements

5+ years of Equipment Finance Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Ability to travel up to 10% of the time
Ability to work a hybrid work schedule

Nice To Haves

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 >$15MM
Strong communication skills with experience presenting to Senior Leadership and communicating with external clients

Responsibilities

Lead complex initiatives for researching financial and credit information for larger and more complex commercial or business loan and lease requests
Assist in structuring and approval of loan or leases within delegated authority and recommend transactions in excess of credit authority
Review and research financial and credit information for larger and complex loans and lease requests that require in-depth evaluation
Make decisions in complex and multifaceted situations requiring exceptional understanding of the Equipment Finance Underwriting functional area, policies, procedures, and compliance requirements
Collaborate and consult with peers, colleagues, and managers to achieve business objectives
Mentor or review analysis of less experienced individuals
Lead projects and approve transactions in excess of their credit authority