Senior Secured Lending Underwriter
About The Position
Wells Fargo’s Supply Chain Finance Group (“SCF”) supports companies with a broad range of supply chain solutions, including trade and receivables products, which provide a holistic approach to an enterprise’s working capital risk mitigation and financing needs. SCF is seeking a dynamic and analytical Senior Secured Lending Underwriter to support the underwriting, approval, and execution of secured lending transactions. The role will support a variety of secured lending financings, including Key Accounts Purchase Programs (KAP), Supplier Finance Programs (SF), factoring and asset-based lending facilities, and Accounts Receivable Securitization Facilities (ARS).
Requirements
- 4+ years of secured lending underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Nice To Haves
- Experience with asset-based lending, receivables finance, factoring, securitization, supply chain finance, or related commercial lending products.
- Strong analytical and financial statement analysis skills.
- Ability to prepare clear and effective written credit analysis.
- Strong attention to detail and commitment to data integrity and policy compliance.
- Working knowledge of secured lending concepts, collateral analysis, legal documentation, and credit risk management.
- Strong verbal and written communication skills.
- Advanced Microsoft Office (Excel, Word, PowerPoint) skills.
Responsibilities
- Support the underwriting and closing of secured lending transactions.
- Perform financial, collateral, industry, and transaction analysis to evaluate credit risk and identify key risk factors.
- Prepare concise and well-supported credit approval materials for review by credit approvers and senior stakeholders.
- Support the credit underwriting of corporate financial counterparties.
- Analyze transaction structures, collateral performance, repayment sources, and other factors influencing credit quality.
- Partner closely with Originations and the underwriting team to seamlessly transition executed mandates into the formal underwriting and credit approval process.
- Assist in the identification and assessment of credit, operational, legal, documentation, and structural risks.
- Exercise independent judgment while performing moderately complex underwriting assignments and escalating more complex issues as appropriate.
- Support due diligence activities, including collateral examinations, appraisals, business diligence, contract reviews, and other transaction-specific requirements.
- Assist with risk ratings, policy compliance reviews, approval conditions, and ongoing monitoring requirements.
- Work with legal counsel, originators, portfolio managers, and other stakeholders to support transaction execution and closing activities.
- For applicable transactions, assist in the preparation and review of ARS-related analyses and reporting requirements.
- Collaborate effectively with underwriting teammates and business partners to resolve issues and achieve transaction objectives.
- Identify opportunities to improve underwriting processes, templates, and workflow efficiencies.
- Continue developing expertise in secured lending underwriting, policies, procedures, and compliance requirements.
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
