Lead Wealth Underwriter - Legal Specialty Group

Wells Fargo Bank•Charlotte, NC

1d•Onsite

About The Position

Wells Fargo is seeking a Lead Wealth Underwriter for the Legal Specialty Group (LSG). This role involves analyzing complex financial and credit information for law firms, underwriting commercial loans with high aggregate credit exposure, and potentially managing a credit portfolio. The candidate will compile, analyze, and document loan data, credit risk, and borrower/property information. As part of the LSG, the candidate will collaborate with Private Bankers and Regional Directors to provide custom credit solutions and ensure a positive client experience. The role requires demonstrating knowledge of WIM Credit Policies and regulatory compliance, exercising independent judgment with minimal supervision, and possessing experience with legal documents and outside legal counsel. The candidate is expected to excel in credit structuring and communication, regularly monitor and service existing portfolios, and provide timely recommendations to management.

Requirements

5+ years of Wealth Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Experience with legal documents and working with outside legal counsel; reviewing legal documents and leading negotiations is required.
Thorough knowledge of financial accounting theory and logic, loan structuring, commercial products and services.
Strong interpersonal skills and communication skills.
Top partnering skills; the ability to interpret and discuss analytical data; and the ability to multitask and prioritize.
Proficient with computers and software applications (MSA, MS Excel, MS Word, other MS Office Suite applications, etc.) and applicable mainframe systems.

Nice To Haves

Legal industry experience
Capital markets expertise
Formal commercial credit training desirable
Wealth related underwriting/lending experience a plus
Bachelor's degree preferred

Responsibilities

Analyze complex financial and credit information for law firms according to business unit standards.
Underwrite commercial loans with high aggregate credit exposure and may manage a credit portfolio of clients.
Compile, analyze, and document loan data and credit risk, borrower, and property information.
Partner with Private Banker and Regional Directors in LSG to deliver high-quality custom credit solutions that result in a positive client experience.
Demonstrate knowledge of WIM Credit Policies and regulatory compliance requirements while serving commercial clients (law firms).
Exercise independent judgment and work with minimal direct supervision.
Review legal documents and lead negotiations.
Excel in credit structuring and communicating recommendations verbally and in writing.
Regularly monitor and service existing portfolio and communicate findings with recommended solutions to management in a timely manner.