Senior Secured Lending Underwriter - Dealer Finance
About The Position
Wells Fargo’s Supply Chain Finance group provides working capital and financing solutions to manufacturers, vendors, dealers, and distributors. Within the group, Inventory Finance offers floor plan financing programs that help dealers and distributors finance inventory purchases from leading equipment manufacturers and vendors. The Senior Secured Lending Underwriter supports the Inventory Finance business as a risk partner, underwriting and managing complex floor plan financing programs across vendor and dealer relationships. The role evaluates creditworthiness, structures financing solutions, assesses program risk, and influences credit decisions while maintaining a strong risk and control environment. Responsibilities include leading credit underwriting for new transactions and annual reviews, analyzing customer financial statements, assessing creditworthiness, exercising independent judgment on medium-risk deliverables, developing expertise in underwriting policies and compliance requirements, and collaborating with internal and external stakeholders. The position offers a hybrid work schedule and requires willingness to work on-site at the stated location. It is not eligible for visa sponsorship. Employees may be subject to compliance policies regarding outside activities or personal investing. The position may be considered for discretionary bonuses, Restricted Share Rights, or other long-term incentive awards.
Requirements
- At least 4 years of secured lending underwriting experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these.
- Willingness to work on-site at the stated location.
- Not eligible for visa sponsorship.
Nice To Haves
- At least 3 years of lending experience in floor plan financing, cash flow lending, asset-based lending, or securitization lending.
- Strong analytical skills, attention to detail and accuracy, and recognition of the importance of data integrity and adherence to credit policies and procedures.
- Strong verbal and written communication skills and ability to work effectively with internal stakeholders and clients.
- Working knowledge of secured lending programs and structures.
- Advanced Microsoft Office skills, including Excel, Word, and PowerPoint.
Responsibilities
- Lead credit underwriting for new transactions and annual reviews for an assigned portfolio of accounts.
- Review customer financial statements, identify trends and ratios, and highlight key risks and mitigants.
- Assess customer creditworthiness using qualitative and quantitative factors.
- Exercise independent judgment to guide medium-risk deliverables.
- Recommend resolutions for complex situations and develop expertise in underwriting policies, procedures, and compliance requirements.
- Collaborate and consult with underwriting colleagues, internal partners, stakeholders, and internal and external customers.
Benefits
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
- May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
