Lead Underwriter Specialty Lending (Affluent Clients)

Wells Fargo & Company•Saint Louis Park, MN

1d•$87,000 - $140,000•Onsite

About The Position

Wells Fargo is seeking a Lead Underwriter within the Cards and Personal Loans (CSPL) group, part of the Consumer Lending division. This role will support credit decisioning for high-net-worth and affluent customer credit card requests, including complex credit applications and credit line increases. The Lead Underwriter will be responsible for evaluating the overall creditworthiness, financial capacity, and repayment ability of affluent clients by reviewing credit bureau information, financial statements, tax returns, trust documentation, investment portfolios, cash flow, liquidity, and other supporting documentation. This role requires strong credit judgment, sound risk assessment, and the ability to balance credit quality with a high-touch customer experience. In this position, the Lead Underwriter will partner closely with internal stakeholders, including Wealth Advisors, Private Bankers, Risk, Compliance, Operations, and other lending partners, to deliver thoughtful credit recommendations and timely decisions. The role is ideal for an experienced underwriter who can navigate complex financial profiles, communicate clearly with business partners, and support lending solutions for clients with sophisticated financial needs. This position will also contribute to process improvement, escalation resolution, and policy adherence while helping ensure exceptional experience for affluent customers and internal partners.

Requirements

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

Nice To Haves

5+ years of Underwriting for affluent customers with background in high line assignments
Deep understanding of Wealth Management and experience with high value credit portfolios
Financial Statement Analysis: Ability to interpret complex financial documents, including tax returns, balance sheets, and income statements.
Ability to deliver a high-touch customer experience for affluent clients while maintaining credit quality and adherence to policy.
Credit Risk Assessment: Proficiency in evaluating creditworthiness using credit scores, debt-to-income ratios, and other risk indicators.
Cash Flow Analysis: Understanding of personal and business cash flow to determine repayment capacity.
Communication Excellent verbal, written, and interpersonal communication skills
Portfolio Management: Experience managing large or complex credit portfolios, including exposure limits and diversification.
Extensive knowledge of lending policy guidelines and procedures as evidenced by strong credit and compliance quality
Track record of proactive problem solving, taking initiative, and effectiveness in resolving complex escalations timely and decisively to meet customer expectations
Ability to manage multiple priorities, including managing a pipeline and supporting escalations while maintaining excellent quality
Analytical skills focusing on problem solving, process improvement and customer impact in a rapidly changing environment.
Ability to organize, re-prioritize, and manage multiple priorities in-order-to meet deadlines

Responsibilities

Review, analyze, and evaluate complex credit applications and credit line increases high-net-worth customers
Analyze credit applications and credit line increases, credit bureau information, collateral valuation and cash flow tax returns, financial statements, trusts, investment portfolios and or other supporting documentation to recommend or approve appropriate credit line requests
Expert communication skills ensuring best in class customer experience and proactively address customer needs to customize lending solutions
Collaborate with internal partners such as Wealth Advisors and Private Bankers to proactively address client needs
Ensure exceptional customer service delivery to affluent customers balancing credit quality with customer experience
Lead complex initiatives with broad impact and act as key participant in the development of projects for Specialty
Ensure conformity with bank policies and procedures
Evaluate complex processes or tasks that may require research into the cause and effect of challenges to projects or procedures related affluent credit card originations