Wells Fargo

Secured Lending Underwriting Associate

Wells Fargo$87K — $168K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of Secured Lending Underwriting experience or equivalent demonstrated through work experience, training, military, or education.
  • Prior asset-based lending or field exam experience preferred.
  • Strong understanding of accounting principles.
  • Experience in financial and cash flow modeling.
  • Knowledge of lending and corporate finance.
  • Effective verbal and written communication skills.
  • Proficiency in Word, Excel, and PowerPoint.

Responsibilities

  • Analyze collateral, financial statements, and cash flows.
  • Assist in the due diligence process and analyze third-party due diligence.
  • Identify critical transactional and structural risks and conduct in-depth diligence.
  • Assist with credit approvals and funding memos with minimal supervision.
  • Complete compliance requirements relating to lending and financial crimes.
  • Schedule pre-funding audits and coordinate funding processes.
  • Ensure seamless onboarding of new clients with Portfolio Management.

Benefits

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

About this role:

Wells Fargo is seeking a Secured Lending Underwriter (Associate) for the Asset Based Lending Underwriting group.  Clients include public companies, private equity groups, and small to mid-sized entrepreneur/privately owned businesses. Facility sizes range from $20MM to $500MM+.This individual is expected to work closely with Commercial Banking and other lines of business under Wells Fargo Credit Solutions to build strong relationships and enhance credit and other economic opportunities with prospective customers. This individual will be responsible for assisting in the underwriting and closing of a variety of transactions.  This individual will work in partnership with senior employees on all aspects of underwriting and closing new business transactions across a variety of industries and collateral classes.


In this role, you will:

  • Analyze and understand collateral, historical and projected financial statements, cash flows, liquidity, relevant valuation metrics, and market significance
  • Assist with the due diligence process, including the coordination and analysis of third-party due diligence including collateral focused field examinations; inventory, equipment, real estate, and intellectual property appraisals; environment assessments; quality of earnings review; and background investigations
  • Identify critical transactional and structural risks, complete in-depth diligence on critical focus areas
  • Assist with comprehensive credit approval and funding memos with minimal supervision.
  • Accurately complete all compliance requirements including leverage lending, high risk borrowers, exception tracking, risk ratings, and financial crimes.
  • Schedule pre-funding audits (if applicable) and coordinate the initial funding with Treasury and Operations sufficiently in advance of the estimated closing date to ensure no delays occur.
  • Oversee seamless onboarding of new clients in coordination with Portfolio Management.
  • As requested assist with screening prospects and special projects.
  • Take personal accountability for understanding and delivering on your goals and commitments.

Required Qualifications:

  • 2+ 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:

  • Prior asset-based lending or field exam experience
  • Strong understanding of accounting
  • Prior financial / cash flow modeling experience
  • Demonstrated working knowledge of lending and corporate finance
  • Effective written and verbal communication skills
  • Proficiency in Word, Excel, and Powerpoint
  • Ability to work in a highly collaborative work environment ​


Pay Range
 


Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities. $87,000.00 - $168,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs 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:

25 Sep 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

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