Senior Equipment Finance Underwriter

Wells Fargo•Minneapolis, MN

1d•Hybrid

About The Position

Wells Fargo is seeking a Senior Equipment Finance Underwriter in our Commercial Banking group. The Underwriter will support the Equipment Finance Flow / Mid Ticket Underwriting Team. This role offers significant decision-making responsibility, exposure to multiple origination channels, and experience with core Equipment Finance credit processes. In this role, you will lead or participate in research and underwrite the creditworthiness of moderately complex commercial or business loan and lease requests within the Equipment Finance Underwriting functional area. You will review and research moderately complex commercial or business loan and lease requests that require an in-depth evaluation, perform periodic reviews on assigned portfolio credits, and maintain risk ratings and other relevant data on systems of record. You will approve loans or leases within delegated credit authority and recommend transactions in excess of that authority. Collaboration and consultation with Equipment Finance Underwriting peers, colleagues, and middle-level managers are essential to achieve business objectives. You will also work with internal and external business partners to gather information to make appropriate decisions.

Requirements

4+ 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 work competently in a fast-paced, team-oriented environment where flexibility, collaboration and adaptability are key
Experience with core Equipment Finance systems (e.g., Siebel ROW, InfoLease, and related platforms)
Bachelor’s degree from an accredited four‑year college or university, preferably in finance, accounting, economics, or a related business discipline; equivalent combination of education and experience may be considered
Effective communication skills
Strong analytical skills with high attention to detail and accuracy
Experience performing financial statement analysis

Responsibilities

Lead or participate in research and underwrite the creditworthiness of moderately complex commercial or business loan and lease requests within Equipment Finance Underwriting functional area
Review and research moderately complex commercial or business loan and lease requests that require an in-depth evaluation
Perform periodic reviews on assigned portfolio credits
Maintain risk ratings and other relevant data on systems of record
Approve loans or leases within delegated credit authority and recommend transactions in excess of that authority
Collaborate and consult with Equipment Finance Underwriting peers, colleagues, and middle level managers and achieve business objectives
Work with internal and external business partners to gather information to make appropriate decisions