About this role:

The WFEF Commercial Vehicle Group (CVG) Underwriter is responsible for the underwriting and management of titled vehicle vendor, leasing or finance, and third party origination programs where there is high reliance on the program counterparty.  This includes managing floorplan relationships with transportation equipment dealers.

In this role, you will:

• Lead complex initiatives for researching financial and credit information for larger and more complex commercial or business loan and lease requests
• Assist in structuring and approval of loan or leases within delegated authority and recommend transactions in excess of credit authority
• Review and research financial and credit information for larger and complex loans and lease requests that require in-depth evaluation
• Make decisions in complex and multifaceted situations requiring exceptional understanding of the Equipment Finance Underwriting functional area, policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues, and managers to achieve business objectives
• Mentor or review analysis of less experienced individuals
• Lead projects and approve transactions in excess of their credit authority

Required Qualifications:

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

Desired Qualifications:

• Strong cash flow analysis skills

• Familiarity with various collateral types

• Document negotiation skills

• Financial Analysis experience

• Experienced and proficient with Microsoft Office suite of products, including Excel, Word and PowerPoint

• Experience working across multiple industries in an underwriting capacity (i.e. construction, transportation, industrial, manufacturing)

• Experience working on transactions >$15MM

• Strong communication skills with experience presenting to Senior Leadership and communicating with external clients

Job Expectations:

• Ability to travel up to 10% of the time

• Ability to work a hybrid work schedule

• This position does not support Visa Sponsorship

• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process

Job Locations:

• 600 S 4th St - Minneapolis, MN 55415

• 10 S Wacker Dr - Chicago, IL 60606

• 2600 S Price Rd - Chandler, AZ 85286

• 801 Walnut St - Des Moines, IA 50309

• 5000 Riverside Rd - Irving, TX 75039

Pay Range:

Minnesota - Minneapolis Pay Range: $153,000-$239,000

Illinois - Chicago Pay Range: $153,000-$239,000

Arizona - Chandler Pay Range: $139,000-$217,000

Iowa - Des Moines Pay Range: $139,000-$217,000

Texas - Irving Pay Range: $139,000-$217,000

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Salary is just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs).

Posting End Date:

*Job posting may come down early due to volume of applicants.