Wells Fargo

Lead Secured Lending Underwriter - Dealer Finance

Wells Fargo$139K — $260K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in Secured Lending Underwriting or equivalent experience
  • 3+ years lending experience in floor plan financing, cash flow, asset-based, or securitization
  • Strong analytical abilities with attention to detail
  • Excellent verbal and written communication skills
  • Knowledge of secured lending programs and structures
  • Advanced skills in Microsoft Office (Excel, Word, PowerPoint)

Responsibilities

  • Underwrite Vendor/Dealer creditworthiness and program terms
  • Understand and negotiate legal documents with clients
  • Lead performance and risk rating reviews of Vendor/Dealer partners
  • Facilitate discussions with senior leaders and stakeholders
  • Collaborate with underwriting peers and management
  • Participate and lead SCF projects
  • Mentor junior teammates

Benefits

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life and critical illness insurance
  • Parental and caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement
Full Job Description

About this role:

Wells Fargo’s Supply Chain Finance Group (“SCF”) supports companies with a broad range of supply chain solutions, including financing of Original Equipment Manufacture’s/Vendor’s sales to their Dealers and Distributors (“Floor Plan Financing”) via our Inventory Finance Group. SCF is seeking a dynamic, results oriented, Lead Secured Lending Underwriter to underwrite the Floor Plan Programs offered to our vendor and dealer partners.


In this role, you will:

  • Underwrite the Vendor/Dealer creditworthiness and program terms in accordance with corporate policies, Inventory Finance Standard Operating procedures and adherence to compliance requirements.
  • Gather a clear understanding of the various legal documents associated with the client and programs.  As well as negotiation of the document terms with the client.
  • Lead periodic performance and risk rating reviews of the Vendor/Dealer partners.
  • Lead meetings and discussions with senior leaders/approvers, commercial team, legal team, other Wells Fargo Lines of Business with a relationship with our client and other stakeholders.
  • Collaborate and consult with underwriting peers, colleagues, and managers to resolve issues and achieve goals.
  • Participate in and lead SCF projects. 
  • Serve as a mentor to junior teammates.


Required Qualifications:

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


Desired Qualifications:

  • 3+ years of lending experience either floor plan financing, cash flow, asset-based, or securitization lending.
  • Strong analytical skills, with heightened attention to detail and accuracy, recognizing 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 various secured lending programs and structures. 
  • Advanced Microsoft Office (Excel, Word, PowerPoint) skills.

Job Expectations:

  • Willingness to work on-site at stated location on the job opening.
  • This position is not eligible for Visa sponsorship.
  • This position offers a hybrid work schedule.
  • 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.
  • May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards.

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).

$139,000.00 - $260,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit  for an overview of the following benefit plans and programs offered to employees.

  • 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

Posting End Date:

28 Aug 2026

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

About Wells Fargo

Wells Fargo Careers

Joining Wells Fargo means becoming part of a distinguished financial institution that has been a cornerstone of innovation and leadership in the banking industry. At Wells Fargo, we offer a plethora of job opportunities designed to empower your career growth and development in a diverse and inclusive environment.

Work You’ll Do

At Wells Fargo, you will be part of a team that values diversity and is committed to fostering an inclusive culture. We are looking for professionals who are eager to drive innovation and lead with integrity. Our employees are our greatest asset, and we invest in their professional growth through comprehensive leadership and diversity training programs that are recognized industry-wide.

Explore a Multitude of Career Paths

Whether you're interested in a position in finance, IT, customer service, or management, Wells Fargo has career opportunities in various fields. Our team members benefit from job stability, competitive benefits, and a culture that values and rewards performance and dedication.

Internship Programs

Kickstart your career with a Wells Fargo internship. Our programs provide invaluable industry exposure, professional skills development, and networking opportunities that often lead to full-time employment offers. Interns at Wells Fargo work on real projects, solve actual challenges, and gain the mentorship of seasoned professionals.

Professional Growth and Development

We believe in nurturing the potential of our employees. Wells Fargo offers robust training programs and resources to help every team member excel in their current roles and prepare for future challenges. Growth at Wells Fargo is not just about climbing the career ladder but expanding your skills and expertise to add value to our team and customers.

Benefits and Rewards

Wells Fargo is committed to the well-being of our team members. We offer a comprehensive benefits package that includes health care, retirement plans, and generous paid time off. Additionally, we provide unique perks like employee discounts, adoption assistance, and tuition reimbursement.

Join Our Team

Discover the opportunities waiting for you at Wells Fargo by exploring open positions that match your skills and interests. We are continuously hiring and looking for individuals who bring creativity, passion, and a drive to serve our customers.

Stay Connected

Keep up to date with the latest from Wells Fargo Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and get insider tips on crafting the perfect resume and acing your interview.

Networking and Innovation

At Wells Fargo, networking and innovation go hand in hand. We encourage our employees to connect across departments and roles to foster new ideas and strategies that lead to groundbreaking solutions.

Empower Your Career

Step into a role at Wells Fargo where your skills will be honed, your achievements recognized, and your career can flourish. We're not just filling positions; we're building leaders who are equipped to navigate the complexities of the financial world. Join Wells Fargo today and be part of a team that’s redefining the future of banking.
Learn more about Wells Fargo
Size
246,577 employees
Market Cap
$155.2 billion
Industry
Net Income
$3.3 billion
Founded
1852
5 Year Trend
-5.9%
NASDAQ

Similar Jobs

More Jobs at Wells Fargo

More Finance & Insurance Jobs

Find similar Lead Secured Lending Underwriter - Dealer Finance jobs: